Momentum Group Limited (JSE: MTM)

Momentum Group Balance Sheet

Financials in millions ZAR. Fiscal year is July - June.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Dec 31, 2023	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021	Jun 30, 2020	Jun 30, 2019
Investments in Debt Securities	-	305	481	512	479	-
Investments in Equity & Preferred Securities	1,430	1,907	1,447	1,156	905	792
Policy Loans	-	1,004	1,004	1,057	1,125	-
Other Investments	5,373	810	1,221	782	509	17,073
Total Investments	592,688	562,248	502,715	483,807	439,977	448,201
Cash & Equivalents	36,687	35,013	28,720	36,822	31,596	27,061
Reinsurance Recoverable	9,555	13,125	16,150	7,760	6,397	5,912
Other Receivables	12,941	11,661	11,192	10,162	10,469	5,470
Deferred Policy Acquisition Cost	-	2,251	2,206	2,196	2,214	-
Property, Plant & Equipment	3,571	3,699	3,656	3,600	4,107	4,271
Goodwill	-	1,364	1,775	2,489	2,288	-
Other Intangible Assets	4,736	1,565	1,732	1,993	2,174	9,633
Other Current Assets	-	1,693	1,329	1,411	1,303	989
Long-Term Deferred Tax Assets	731	984	880	756	862	599
Other Long-Term Assets	419	3,196	3,494	3,958	4,315	469
Total Assets	661,328	636,799	573,849	554,954	505,702	502,605
Accrued Expenses	-	863	821	866	1,225	-
Insurance & Annuity Liabilities	528,043	137,423	129,200	131,769	117,110	129,869
Unpaid Claims	23,322	12,301	17,113	8,942	7,312	-
Unearned Premiums	-	10,260	8,921	7,842	6,366	-
Reinsurance Payable	12,536	4,680	3,726	3,435	3,282	1,912
Current Portion of Long-Term Debt	-	1,163	755	631	600	-
Current Portion of Leases	-	64	63	69	138	-
Short-Term Debt	-	2,081	2,058	2,754	2,641	-
Current Income Taxes Payable	685	1,172	216	170	238	459
Long-Term Debt	8,658	7,338	9,990	9,269	8,264	3,007
Long-Term Leases	-	135	125	151	180	-
Long-Term Deferred Tax Liabilities	2,611	2,531	2,601	2,729	2,926	3,222
Other Current Liabilities	15,309	385,430	324,622	183,178	173,704	747
Other Long-Term Liabilities	39,473	42,269	46,886	179,827	157,317	338,504
Total Liabilities	631,940	609,648	548,907	533,031	482,699	479,059
Total Preferred Equity	940	940	940	940	940	940
Common Stock	9	9	9	9	9	9
Additional Paid-In Capital	13,184	12,819	12,760	12,728	13,161	13,331
Retained Earnings	13,896	11,936	10,399	7,369	7,108	7,959
Comprensive Income & Other	947	1,060	469	529	1,375	781
Total Common Equity	28,036	25,824	23,637	20,635	21,653	22,080
Minority Interest	412	387	365	348	410	526
Shareholders' Equity	29,388	27,151	24,942	21,923	23,003	23,546
Total Liabilities & Equity	661,328	636,799	573,849	554,954	505,702	502,605
Filing Date Shares Outstanding	1,370	1,355	1,424	1,422	1,447	1,457
Total Common Shares Outstanding	1,370	1,355	1,424	1,422	1,447	1,457
Total Debt	8,658	10,781	12,991	12,874	11,823	3,007
Net Cash (Debt)	28,029	24,232	15,729	23,948	19,773	24,054
Net Cash Growth	10.43%	54.06%	-34.32%	21.11%	-17.80%	41.88%
Net Cash Per Share	20.05	17.02	10.78	16.64	13.62	16.03
Book Value Per Share	20.46	19.06	16.59	14.51	14.96	15.15
Tangible Book Value	23,300	22,895	20,130	16,153	17,191	12,447
Tangible Book Value Per Share	17.01	16.90	14.13	11.36	11.88	8.54

Source: S&P Capital IQ. Insurance template. Financial Sources.