Momentum Group Limited (JSE: MTM)

Momentum Group Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2024	Jun 30, 2024	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021	Jun 30, 2020
Investments in Debt Securities	262	262	305	481	512	479
Investments in Equity & Preferred Securities	1,700	1,700	1,732	1,447	1,156	905
Policy Loans	29	29	31	1,004	1,057	1,125
Other Investments	685	685	810	1,221	782	509
Total Investments	633,316	633,316	563,408	502,715	483,807	439,977
Cash & Equivalents	33,898	33,898	32,958	28,720	36,822	31,596
Reinsurance Recoverable	9,246	9,246	10,813	16,150	7,760	6,397
Other Receivables	19,462	19,462	18,264	11,192	10,162	10,469
Deferred Policy Acquisition Cost	1,866	1,866	1,948	2,206	2,196	2,214
Property, Plant & Equipment	3,586	3,586	3,699	3,656	3,600	4,107
Goodwill	1,325	1,325	1,305	1,775	2,489	2,288
Other Intangible Assets	1,492	1,492	1,565	1,732	1,993	2,174
Other Current Assets	845	845	527	1,329	1,411	1,303
Long-Term Deferred Tax Assets	1,168	1,168	1,088	880	756	862
Other Long-Term Assets	431	431	400	3,494	3,958	4,315
Total Assets	706,635	706,635	635,975	573,849	554,954	505,702
Accrued Expenses	1,282	1,282	863	821	866	1,225
Insurance & Annuity Liabilities	167,731	167,731	152,631	129,200	131,769	117,110
Unpaid Claims	313	313	308	17,113	8,942	7,312
Unearned Premiums	-	-	-	8,921	7,842	6,366
Reinsurance Payable	14,617	14,617	13,197	3,726	3,435	3,282
Current Portion of Long-Term Debt	2,517	2,517	1,163	755	631	600
Current Portion of Leases	66	66	64	63	69	138
Short-Term Debt	1,739	1,739	2,081	2,058	2,754	2,641
Current Income Taxes Payable	329	329	1,172	216	170	238
Long-Term Debt	5,915	5,915	7,282	9,990	9,269	8,264
Long-Term Leases	138	138	135	125	151	180
Long-Term Deferred Tax Liabilities	3,226	3,226	2,775	2,601	2,729	2,926
Other Current Liabilities	411,996	411,996	366,351	324,622	183,178	173,704
Other Long-Term Liabilities	65,082	65,082	57,380	46,886	179,827	157,317
Total Liabilities	676,578	676,578	607,105	548,907	533,031	482,699
Total Preferred Equity	-	-	940	940	940	940
Common Stock	9	9	9	9	9	9
Additional Paid-In Capital	13,448	13,448	13,183	12,760	12,728	13,161
Retained Earnings	15,425	15,425	13,337	10,399	7,369	7,108
Comprehensive Income & Other	842	842	1,111	469	529	1,375
Total Common Equity	29,724	29,724	27,640	23,637	20,635	21,653
Minority Interest	333	333	290	365	348	410
Shareholders' Equity	30,057	30,057	28,870	24,942	21,923	23,003
Total Liabilities & Equity	706,635	706,635	635,975	573,849	554,954	505,702
Filing Date Shares Outstanding	1,360	1,360	1,355	1,424	1,422	1,447
Total Common Shares Outstanding	1,360	1,360	1,355	1,424	1,422	1,447
Total Debt	10,375	10,375	10,725	12,991	12,874	11,823
Net Cash (Debt)	23,523	23,523	22,233	15,729	23,948	19,773
Net Cash Growth	5.80%	5.80%	41.35%	-34.32%	21.11%	-17.80%
Net Cash Per Share	16.72	16.72	15.31	10.78	16.64	13.62
Book Value Per Share	21.85	21.85	20.40	16.59	14.51	14.96
Tangible Book Value	26,907	26,907	24,770	20,130	16,153	17,191
Tangible Book Value Per Share	19.78	19.78	18.28	14.13	11.36	11.88

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