Interim report
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Interim Financial Report Half Year 2026
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Company: Park Street A/S Amaliegade 6, 2 tv 1256 København K CVR no.: 12 93 25 02 LEI no.: LEIN913442016122012215420784 Registered office: Copenhagen, Denmark Phone: +45 33 33 93 03 Internet: www.psnas.com E-mail: parkstreet@parkstreet.dk Board of Directors: Claes Peter Rading, Chairman Pradeep Pattem Anita Nassar Ohene Aku Kwapong Medha Pattem Dhruv Pattem Management: CEO Pradeep Pattem Auditor: PriceWaterhouseCoopers Statsautoriseret Revisionspartnerselskab Main activity: Park Street is a fully integrated European real estate investment and asset management company with offices in Copenhagen and London. It owns and manages a large portfolio of commercial properties located across Denmark.
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Contents Directors' report 1 Directors' report 1 Consolidated financial review 2 Consolidated key figures and financial ratios 4 Statements 5 Statement by Board of Directors and Management 5 Financial statements 6 Income statement 6 Statement of comprehensive income 7 Statement of financial position as at 30 June 8 Statement of equity 10 Statement of cash flows 11 Notes 12
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Park Street | Interim Financial Report 1st Half 2026 Page 1 of 16 Directors' report Result in the period 1 January – 30 June 2026 Park Street result analysis primarily uses the term EBVAT (earnings before value adjustments and tax) to measure the Group’s operating results. EBVAT in the first half of 2026 was DKK 19.4 million, compared with DKK 13.7 million for the same period last year. Net sales were DKK 71.6 million, compared with DKK 73.7 million in the first half of 2025, primarily reflecting the impact of property disposals. The increase in EBVAT was primarily driven by a reduction in net financial expenses of DKK 10.9 million. This was partly offset by a decrease in net sales of DKK 2.1 million, an increase in operating expenses of DKK 2.1 million and an increase in overhead costs of DKK 1.1 million. Overall, these movements resulted in an increase in EBVAT of DKK 5.7 million compared with the first half of 2025. The Group’s equity as of 30 June 2026 was DKK 998 million, compared with DKK 981 million as of 31 December 2025. Expectations for 2026 The Group previously expected EBVAT for 2026 to be in the range of DKK 50–55 million and has now revised its guidance to DKK 45–50 million. The revised guidance primarily reflects one-off settlement and structuring costs incurred during the year. The Group expects the second half of 2026 to benefit from continued operational optimisation and the expected timing of property disposals. In addition, the one-off settlement and structuring costs are not expected to recur to the same extent in the second half. These factors are expected to support a stronger EBVAT contribution in H2 2026 and underpin the revised full-year guidance of DKK 45–50 million. Management comments on the interim report In connection with the interim report for H1 2026, CEO Pradeep Pattem states the following: “Park Street delivered a solid operating performance in the first half of 2026, with EBVAT of DKK 19.4 million compared with DKK 13.7 million for the same period last year. The improvement in EBVAT was achieved despite lower rental income following property disposals, reflecting disciplined cost control and reduced financial expenses. We continued our strategic transition with the sale of Hersegade 23, Roskilde, further reducing our exposure to non-core assets. Our Pulse strategy remains central to Park Street’s future. Pulse Nørrebro continues at full occupancy with a vibrant international community. We will continue to prioritize technology-driven, design-led property management to enhance tenant experience and sustainability outcomes. For 2026, the Group previously expected EBVAT to be in the range of DKK 50–55 million and has now revised its guidance to DKK 45–50 million. The revised guidance primarily reflects one-off settlement and structuring costs incurred during the year. The Group expects the second half of 2026 to benefit from continued operational optimisation and the expected timing of property disposals. In addition, the one-off settlement and structuring costs are not expected to recur to the same extent in the second half, supporting a stronger EBVAT contribution in H2 2026. The underlying business continues to benefit from the refinancing and operational initiatives undertaken, while Park Street remains focused on consolidating around its core assets, including the Pulse platform, and reducing exposure to retail and regional assets.” Organisation and Annual General meeting held on 28 April 2026. The Board of Directors of Park Street consists of Pradeep Pattem, Ohene Aku Kwapong, Anita Nassar, Claes Peter Rading, Medha Pattem and Dhruv Pattem. The number of employees of Park Street is 17 at the end of 2025 and 16 at the end of June 2026. At the Annual general meeting of Park Street A/S held on 28 April 2026, all proposals by the Board of Directors were approved. Reference is also made to the distributed minutes of the ordinary general meeting on 28 April 2026, please refer to: Park-Street-AS-Minutes-of-annual-general-meeting.pdff
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Park Street | Interim Financial Report 1st Half 2026 Page 2 of 16 Consolidated financial review PROFIT FOR THE 1st HALF OF 2026 As mentioned in the Director’s report the EBVAT in the first half of 2026 was DKK 19.4 million, compared with DKK 13.7 million for the same period last year. Net sales were DKK 71.6 million, compared with DKK 73.7 million in the first half of 2025, primarily reflecting the impact of property disposals. The increase in EBVAT was primarily driven by a reduction in net financial expenses of DKK 10.9 million. This was partly offset by a decrease in net sales of DKK 2.1 million, an increase in operating expenses of DKK 2.1 million and an increase in overhead costs of DKK 1.1 million. Overall, these movements resulted in an increase in EBVAT of DKK 5.7 million compared with the first half of 2025. Profit for the period was DKK 16.9 million, compared with DKK 17.7 million in the first half of 2025. The decrease primarily reflects the adverse year- on-year movement in fair value adjustments of DKK 5.6 million, with a negative adjustment of DKK 0.7 million in H1 2026 compared with a positive adjustment of DKK 4.9 million in H1 2025. This was further impacted by lower gains realised on the sale of investment properties and a higher tax expense in H1 2026, partly offset by the DKK 5.7 million increase in EBVAT. This is equivalent to a 0.78 earnings per share. The valuation review was primarily focused on the properties where specific changes have occurred on leases – new leases signed or termination of existing leases. Market based assumptions were used around rents, capex and capitalization rates to determine the fair value adjustment of these properties. Park Street has sold one property Hersegade 23, Roskilde in H1 2026. BALANCE SHEET AS OF 30 JUNE 2026 Park Street's balance sheet total as of 30 June 2026 was DKK 2,421 million (DKK 2,432 million as on 31st December 2025). The decrease is primarily due to sale of Hersegade 23, Roskilde investment properties. Group’s equity as of 30 June 2026 was DKK 998 million, compared with DKK 981 million as of 31 December 2025. Net asset value increased to 23.0 per share as compared to 22.6 per share in the 1st half of 2025. Liabilities to credit institutions were DKK 1,123 million as at 30 June 2026 (31 December 2025: DKK 1,153 million). A significant proportion of the total liabilities are non-current at 95%. The company continues to maintain a healthy equity ratio of 41.2%. CASH FLOWS FOR THE 1st HALF OF 2026 Cash flows from operating activities for the first half of 2026 were DKK 18.9 million (first half of 2025: DKK 2.7 million). The increase was primarily driven by an improvement in operating capital, which amounted to DKK -0.8 million compared with DKK -11.1 million in the same period last year, together with lower financial expenses paid of DKK 20.5 million compared with DKK 31.0 million in the first half of 2025. Cash flows from investing activities for the first half of 2026 were DKK 7.6 million (first half of 2025: DKK 22.1 million). The decrease primarily reflects lower proceeds from the sale of investment properties, amounting to DKK 17.8 million in H1 2026 compared with DKK 28.0 million in H1 2025, together with higher investments in improvements to investment properties across the portfolio of DKK 10.1 million compared with DKK 5.9 million in the same period last year. Cash flows from financing activities for the first half of 2026 were DKK -30.4 million (first half of 2025: DKK -30.1 million). The cash outflow was primarily driven by repayment of liabilities to credit institutions of DKK 30.3 million, compared with DKK 30.1 million in the first half of 2025. The Group's liquid assets amounted to DKK 20.8 million as of 30 June 2026.
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Park Street | Interim Financial Report 1st Half 2026 Page 3 of 16 Uncertainty in connection with recognition and measurement In connection with the submission of the interim report, management makes several estimates and assessments regarding the carrying amount of assets and liabilities, including: Fair value of investment properties, Fair value of domicile properties, Impairment test on domicile properties, Classification of properties, Deferred tax assets and tax liabilities Where estimates are concerned, there is uncertainty in relation to the stated factors and items. It may be necessary to change previous estimates on account of changes in the factors on which the estimates were based. Reference is made to note 1 to the consolidated financial statements in the Annual report for 2025 for further details on these assessments, estimates and associated uncertainties. New and changed assessments and esti- mates in the 1st half of 2026 are discussed in note 1 to the interim report. Risk factors As mentioned in the Annual report for 2025, the financial management of the Group is geared towards optimising the term structure of liabilities in line with the Group’s operations and minimizing the Group’s financial risk exposure. It is part of the Group’s policy not to conduct speculative trans- actions by active use of financial instruments, except to manage the financial risks inherent to the Group’s core activities. For further details of the Group's risks and risk management, see the company's Annual report for 2025 ('Risk factors' section).
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Park Street | Interim Financial Report 1st Half 2026 Page 4 of 16 Consolidated key figures and financial ratios Key figures 1st half of 1st half of Full year Amounts in DKK 1000s 2026 2025 2025 Income statement Rental income 57,580 58,333 133,331 Total net sales 71,661 73,676 151,900 Gross profit 49,184 53,314 114,937 Profit from primary operations 18,451 18,781 34,148 Financial items -20,118 -31,033 -78,668 Earnings before value adjustments and tax (EBVAT) 19,360 13,716 11,545 Profit for the period 16,908 17,673 18,624 Statement of financial position Investment properties 2,218,077 2,231,365 2,226,537 Investments in property, plant and equipment 10,179 5,916 17,443 Balance sheet total 2,420,943 2,480,957 2,431,586 Interest-bearing debt 1,123,001 1,216,042 1,153,293 Total equity 997,986 980,152 981,078 Statement of cash flows Cash flows from operations 18,949 2,732 -11,313 Cash flows from investment 7,621 22,084 43,750 Cash flows from financing -30,378 -30,119 -92,868 Other disclosures Non-current liabilities as a proportion of total liabilities (%) 95.1 58.7 95.4 Share capital 43,381 43,381 43,381 Share price, end of period (DKK) 15.10 12.80 16.70 Share price change in points -1.60 0.80 4.70 Number of employees in the Group (average) 16 14 17 Financial ratios 1st half of 1st half of Full year 2026 2025 2025 Return on property portfolio (% p.a.) 3.9 4.2 4.6 Average loan rate (% p.a.) 3.1 4.6 6.1 Return margin on property portfolio (% p.a.) 0.8 -0.4 -1.5 Return on equity (%) 3.4 3.6 1.9 Equity ratio (%) 41.2 39.5 40.3 Net asset value per share, end of period (DKK) 23.0 22.6 22.6 Earnings per share (DKK), end of period (DKK) 0.8 0.8 0.4 Share Price/net asset value, end of period 0.7 0.6 0.3 Cash flow per share (DKK) 0.9 0.1 0.3 Reference is made to note 31 to the consolidated financial statements in the Annual report for 2025.
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Park Street | Interim Financial Report 1st Half 2026 Page 5 of 16 Statement by Board of Directors and Management The Board of Directors and management have today discussed and adopted the interim report for the period 1 January - 30 June 2026 for Park Street A/S. The interim financial statements, which have not been audited or reviewed by the company's auditor, were submitted in accordance with IAS 34 'Interim Financial Reporting', as adopted by the EU, and Danish disclosure requirements for interim reports for listed companies. In our opinion, the interim financial statements provide a true and fair view of the Group's assets, liabilities, and financial position as of 30 June 2026 and of the profit from the Group's activities and cash flows for the period 1 January - 30 June 2026. It is also our opinion that the directors' report contains a true and fair account of the development of the Group's activities and financial conditions, the profit for the period and the Group's financial position, and a description of the significant risks and uncertainty factors that the Group faces. Copenhagen, 25 August 2026 Management Pradeep Pattem CEO Board of Directors Claes Peter Rading Pradeep Pattem Chairman Ohene Aku Kwapong Anita Nassar Medha Pattem Dhruv Pattem
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Park Street | Interim Financial Report 1st Half 2026 Page 6 of 16 Income statement 1st half of 1st half of Full year Note Amounts in DKK 1000s 2026 2025 2025 3 Net sales 71,661 73,676 151,900 4 Operating expenses -22,477 -20,362 -36,963 Gross profit 49,184 53,314 114,937 Employee benefit expenses -3,578 -3,721 -12,531 Other external expenses -5,692 -4,698 -11,129 Depreciation, amortisation and impairment -436 -146 -1,063 Operating profit (EBIT) 39,478 44,749 90,213 Financial income 414 1,036 2,673 5 Financial expenses -20,532 -32,070 -81,341 Earnings before value adjustments (EBVAT) 19,360 13,716 11,545 6 Adjustment to fair value, net -738 4,916 20,088 7 Profit on the sale of investment properties -171 150 2,515 Profit before tax 18,451 18,781 34,148 8 Tax on profit for the period -1,543 -1,109 -15,524 Profit for the period 16,908 17,673 18,624 Earnings per share 0.78 0.81 0.43 Diluted earnings per share 0.78 0.81 0.43
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Park Street | Interim Financial Report 1st Half 2026 Page 7 of 16 Statement of comprehensive income 1st half of 1st half of Full year Note Amounts in DKK 1000s 2026 2025 2025 Profit for the period 16,908 17,673 18,624 Other comprehensive income: Items that cannot be reclassified to the income statement: Fair value adjustment of domicile properties 0 0 -32 Tax on fair value adjustment of domicile properties 0 0 7 Other comprehensive income after tax 0 0 -25 Comprehensive income for the period 16,908 17,673 18,599
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Park Street | Interim Financial Report 1st Half 2026 Page 8 of 16 Statement of financial position Note Amounts in DKK 1000s 30 June 30 June 31 December 2026 2025 2025 ASSETS Non-current assets Intangible assets Capitalised leasing costs 36 288 36 36 288 36 Property, plant and equipment 9 Domiciles 128,320 129,409 128,666 10 Investment properties 2,218,077 2,231,365 2,226,537 Machinery and equipment 950 844 934 2,347,347 2,361,618 2,356,138 Financial assets Deposits 161 161 161 161 161 161 Total non-current assets 2,347,545 2,362,067 2,356,336 Current assets Mortgages and instruments of debt 10,424 11,240 11,126 11 Receivables 36,168 24,429 34,994 Prepaid expenses and accrued income 6,008 3,485 4,523 Cash and short-term deposits 20,798 79,735 24,607 Total current assets 73,398 118,889 75,250 Total assets 2,420,943 2,480,956 2,431,586
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Park Street | Interim Financial Report 1st Half 2026 Page 9 of 16 Statement of financial position Note Amounts in DKK 1000s 30 June 30 June 31 December 2026 2025 2025 LIABILITIES Equity Share capital 43,381 43,381 43,381 Revaluation reserve 36,652 37,279 36,652 Share Premium 303,054 303,054 303,054 Accumulated profit 614,899 596,438 597,991 12 Total equity 997,986 980,152 981,078 Liabilities Non-current liabilities Deferred tax 254,618 239,610 254,618 15 Credit institutions 1,090,394 632,669 1,123,247 Deposits 7,711 8,020 6,494 1,352,723 880,299 1,384,359 Current liabilities Provisions for liabilities 110 266 600 15 Credit institutions 32,607 583,374 30,046 Trade and other payables 10,811 7,892 9,175 Income tax payable 3,503 2,530 1,960 Deposits 20,887 21,723 21,991 Other liabilities 2,317 4,722 2,377 70,234 620,507 66,148 Total liabilities 1,422,957 1,500,805 1,450,507 Total equity and liabilities 2,420,943 2,480,956 2,431,586
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Park Street | Interim Financial Report 1st Half 2026 Page 10 of 16 Statement of equity Amounts in DKK 1000s Share capital Revaluation reserve Accumulated profit Share Premium Equity Total Statement of equity for 2026: Equity as at 1 January 2026 43,381 36,652 597,991 303,054 981,078 Comprehensive income for the period Profit for the period 0 0 16,908 0 16,908 Fair value adjustment of domicile 0 0 0 0 0 Tax on other comprehensive income 0 0 0 0 0 Other comprehensive income during the financial year 0 0 0 0 0 Comprehensive income for the period 0 0 16,908 0 16,908 Transactions with owners Repurchase treasury shares 0 0 0 0 0 Capital reduction 0 0 0 0 0 Total transactions with owners 0 0 0 0 0 Other adjustments Revaluation reserve transfer for domicile sold property 0 0 0 0 0 Total other adjustments 0 0 0 0 0 Equity as at 30 June 2026 43,381 36,652 614,899 303,054 997,986 Amounts in DKK 1000s Share capital Revaluation reserve Accumulated profit Share Premium Equity Total Statement of equity for 2025: Equity as at 1 January 2025 57,175 37,279 578,765 289,260 962,479 Comprehensive income for the period Profit for the period 0 0 18,624 0 18,624 Fair value adjustment of domicile 0 -32 0 0 -32 Tax on other comprehensive income 0 7 0 0 7 Other comprehensive income during the financial year 0 -25 0 0 -25 Comprehensive income for the period 0 -25 18,624 0 18,599 Transactions with owners Capital reduction -13,794 0 0 13,794 0 Total transactions with owners -13,794 0 0 13,794 0 Other adjustments Revaluation reserve transfer for domicile sold property Increase/decrease through transfer of depreciation on revalued value of domicile property 0 0 0 -602 0 602 0 0 0 0 Total other adjustments 0 -602 602 0 0 Equity as at 31 December 2025 43,381 36,652 597,991 303,054 981,078
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Park Street | Interim Financial Report 1st Half 2026 Page 11 of 16 Statement of cash flows 1st half of 1st half of Full year Note Amounts in DKK 1000s 2026 2025 2025 Operating profit (EBIT) 39,478 44,749 90,213 Adjustment for illiquid operating items, etc. 436 146 1,063 Change in other operating capital -847 -11,129 -23,271 Cash flows concerning primary operations 39,067 33,766 68,005 Financial expenses paid -20,532 -32,070 -81,341 Financial income received 414 1,036 2,673 Paid Corporate Tax 0 0 -650 Total cash flow from operating activities 18,949 2,731 -11,313 Cash flow from investing activities Improvements to investment properties -10,179 -5,916 -17,443 Sales of investment properties 17,800 28,000 64,000 Purchases of other property, plant and equipment 0 0 -2,137 Purchase of intangible assets 0 0 -670 Total cash flow from investing activities 7,621 22,084 43,750 Cash flow from financing activities Proceeds from assumption of liabilities to credit institutions 0 0 692,372 Repayment of liabilities to credit institutions -30,378 -30,119 -785,240 Total cash flow from financing activities -30,378 -30,119 -92,868 Total cash flow for the period -3,809 -5,303 -60,431 Liquid assets as at 1 January 24,607 85,038 85,038 Liquid assets at the end of the period 20,798 79,735 24,607 Liquid assets at the end of the period Cash and short term deposit 20,798 79,735 24,607 Liquid assets at the end of the period 20,798 79,735 24,607
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Park Street | Interim Financial Report 1st Half 2026 Page 12 of 16 Notes Note 1 - Accounting policies, accounting estimates and risks, etc. Accounting policies The interim report was submitted in accordance with IAS 34 'Interim Financial Reporting', as adopted by the EU, and Danish disclosure requirements for interim reports for listed companies. No interim financial statements were prepared for the Parent. The interim report is presented in Danish kroner (DKK), which is the functional currency of the Parent. The accounting policies are unchanged in relation to the Annual report for 2025. Reference is made to note 31 to the consolidated financial statements in Park Street Annual report for 2025 for a full description of the accounting policies used. Changes to accounting policies Park Street has implemented the changes on IFRS standards and interpretative contributions that enter into force for 2026. None of these changes affected recognition and measurement in 2026. Accounting assessments and estimates No significant new accounting assessments or changes to accounting estimates have been made in the interim report for the 1st half of 2026 in relation to the Annual report for 2025. For a description of significant accounting assessments and estimates, see note 1 to the consolidated financial statements in the Annual report for 2025. Note 2 - Seasons As in previous years, the Group's activities were not affected by seasonal or cyclical fluctuations in the interim period. Note 3 - Net sales 1st half of 1st half of Full year Amounts in DKK 1000s 2026 2025 2025 Rental income 57,580 58,333 133,331 Sales of other services 14,081 15,343 18,569 Total sales of services 71,661 73,676 151,900 71,661 73,676 151,900
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Park Street | Interim Financial Report 1st Half 2026 Page 13 of 16 Note 4 - Operating expenses 1st half of 1st half of Full year Amounts in DKK 1000s 2026 2025 2025 Operating expenses, investment properties 15,760 15,744 28,730 Operating expenses, other services 6,716 4,617 8,233 22,477 20,361 43,828 Note 5 – Financial expenses 1st half of 1st half of Full year Amounts in DKK 1000s 2026 2025 2025 Interest expenses, liabilities to credit institutions measured at amortized cost 20,426 32,031 57,280 Other interest costs and fees 106 39 0 Loss on derecognition of loan 0 0 24,061 20,532 32,070 81,341 Financial income 1st half of 1st half of Full year Amounts in DKK 1000s 2026 2025 2025 Financial income 414 1,036 2,673 414 1,036 2,673 Note 6 - Adjustment to fair value, net 1st half of 1st half of Full year Amounts in DKK 1000s 2026 2025 2025 Fair value adjustment, investment properties -738 4,916 20,088 -738 4,916 20,088 Note 7 - Realized gains on the sales of investment properties 1st half of 1st half of Full year Amounts in DKK 1000s 2026 2025 2025 Sales totals, investment properties 17,800 28,000 64,000 Book value of properties when sold, etc. -17,971 -27,850 -61,485 -171 150 2,515 Note 8 - Tax The tax expense recognised in the income statement for the accounting period was calculated based on the net profit before tax and an estimated effective tax rate for the Group for 2026.
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Park Street | Interim Financial Report 1st Half 2026 Page 14 of 16 Note 9 – Domiciles Property Amounts in DKK 1000s 30 June 2026 31 December 2025 Cost at 1 of January 135,912 135,944 Revaluation of value 0 -32 Costs incurred for improvements 0 0 Sale of property 0 0 Cost / Revaluated Value 135,912 135,912 Depreciation and amortization at 1 January -7,246 -6,644 Depreciation -346 -602 Depreciation of sold property 0 0 Depreciation and amortization -7,592 -7,246 Balance 128,320 128,666 Note 10 - Investment properties 30 June 31 December Amounts in DKK 1000s 2026 2025 Book value as at 1 January 2,226,537 2,248,267 Cost incurred for improvements 10,163 17,443 Adjustment to fair value, net -738 20,088 Retirement on sale -17,885 -59,261 2,218,078 2,226,537 Note 11 – Receivable 30 June 31 December Amounts in DKK 1000s 2026 2025 Receivables from tenants 25,927 24,752 Other receivable 10,241 10,242 36,168 34,994 Note 12 – Share Capital 30 June 31 December Amounts in DKK 1000s 2026 2025 Share capital opening period 43,381 57,175 Share capital decrease 0 -13,794 Share capital closing period 43,381 43,381
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Park Street | Interim Financial Report 1st Half 2026 Page 15 of 16 The share capital consists of 43,381,248 shares of DKK 1 (31 December 2025: 43,381,248 shares of DKK 1). 13,794,324 shares have been cancelled in year 2025. No shares have special rights. The shares are fully paid. Park Street Asset Management Ltd. owns a total of 94.61% (and a corresponding percentage of the votes) of the total nominal share capital of the Company. The shares are held by Park Street Asset Management Ltd. Note 13 – Treasury shares Number of shares Nominal value Share of share capital (Amount in DKK 1000) 30 June 2026 31 December 2025 30 June 2026 31 Decem- ber 2025 30 June 2026 31 Decem- ber 2025 As at 1 January 0 13,794,324 0 13,794 0% 31.80% Additions during the year 0 0 0 0 0% 0% Correction 0 0 0 0 0% 0% Cancelation of shares 0 -13,794,324 0 -13,794 0% -31.80% As at 30 June 0 0 0 0 0% 0% All treasury shares are owned by Park Street A/S. In 2025, Park Street A/S cancelled 1,629,459 Class A shares and 12,164,865 Class B shares, all held in treasury. These treasury shares had been acquired under the share buy-back programmes launched on 14 September 2022 and 28 February 2024. The cancellations were approved at the Annual General Meeting held on 28 April 2025. Following the December 2025 cancellation, the Company’s share capital amounts to DKK 43,381,248, divided into DKK 11,198,178 Class A shares of DKK 1.00 each or multiples thereof, and DKK 32,183,070 Class B shares of DKK 1.00 each or multiples thereof. The share capital is fully paid up. Note 14 - Contingent liabilities and assets There have been no significant changes in contingent liabilities or assets since the Annual report for 2025, to which reference is made.
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Park Street | Interim Financial Report 1st Half 2026 Page 16 of 16 Note 15 – Credit Institutions The evolution of the long and short-term liabilities with credit institutions is specified as follows: 30 June 31 December 2026 2025 Amounts in DKK 1000s Non-current financial liabilities with credit institutions 1,123,247 682,293 Current financial liabilities with credit institutions 30,046 563,868 Financial liabilities with credit institutions at 1 January 1,153,293 1,246,161 Repayment of liabilities to credit institutions -30,292 -785,240 Proceeds from assumption of liabilities to credit institutions 0 692,372 Financial liabilities with credit institutions end of period 1,123,001 1,153,293 Non-current financial liabilities with credit institutions 1,090,394 1,123,247 Current financial liabilities with credit institutions 32,607 30,046 Total financial liabilities with credit institutions end of period 1,123,001 1,153,293 Note 16 – Subsequent Events Since the half-year reporting date, the Group has completed the sale of Prøvestensvej 20, Helsingør.