Migdal Insurance and Financial Holdings Ltd. (TLV:MGDL)

TLV:MGDL Balance Sheet

Financials in millions ILS. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Investments in Debt Securities	28,057	42,094	41,740	39,932	37,865
Investments in Equity & Preferred Securities	47.41	26,245	25,128	37,320	26,282
Other Investments	140,092	96,249	89,033	88,341	87,344
Total Investments	178,682	174,706	165,002	173,587	159,140
Cash & Equivalents	23,247	19,503	18,747	20,468	12,843
Reinsurance Recoverable	1,659	1,682	1,506	1,445	1,303
Other Receivables	3,394	3,123	6,191	3,572	3,780
Deferred Policy Acquisition Cost	2,489	2,205	2,120	2,024	1,952
Property, Plant & Equipment	1,323	1,325	1,271	1,206	1,179
Goodwill	-	850.93	841.72	841.28	847.42
Other Intangible Assets	1,727	712.03	590.1	469.48	369.31
Other Current Assets	-	728.6	574.42	525.34	485.07
Long-Term Deferred Tax Assets	24.07	16.58	42.94	5.95	4.81
Long-Term Deferred Charges	-	7.65	10.88	14.1	17.72
Other Long-Term Assets	7,094	-	-	-	-
Total Assets	219,637	204,860	196,897	204,159	181,922
Accounts Payable	-	183.96	194.52	158.29	138.56
Accrued Expenses	-	860.8	842.89	862.42	795.55
Insurance & Annuity Liabilities	197,013	184,414	175,466	184,612	165,391
Unearned Premiums	-	95.28	83.12	126.55	65.95
Reinsurance Payable	-	130.92	117.67	98.51	92.8
Current Portion of Leases	-	32.57	26.02	25.77	27.87
Short-Term Debt	-	927.68	911.39	1,398	1,008
Current Income Taxes Payable	41.03	5.34	28.07	258.47	5.75
Long-Term Debt	-	5,832	7,074	5,332	4,869
Long-Term Leases	-	104.95	84.8	65.42	73.76
Long-Term Deferred Tax Liabilities	548.97	294	281.65	790.09	617.02
Other Current Liabilities	-	461.98	2,855	160.68	252.45
Other Long-Term Liabilities	12,176	2,707	628.11	1,481	1,471
Total Liabilities	210,088	196,261	188,800	195,595	175,041
Common Stock	110.63	110.63	110.63	110.63	110.63
Additional Paid-In Capital	273.97	273.74	273.74	273.74	273.74
Retained Earnings	8,858	8,283	7,747	6,967	5,493
Comprehensive Income & Other	297.38	-78.78	-42.79	1,206	999.42
Total Common Equity	9,540	8,589	8,088	8,557	6,877
Minority Interest	9.75	9.87	8.35	6.82	5.15
Shareholders' Equity	9,549	8,599	8,096	8,564	6,882
Total Liabilities & Equity	219,637	204,860	196,897	204,159	181,922
Filing Date Shares Outstanding	1,057	1,054	1,054	1,054	1,054
Total Common Shares Outstanding	1,057	1,054	1,054	1,054	1,054
Total Debt	-	6,898	8,096	6,821	5,979
Net Cash (Debt)	23,247	12,605	10,650	13,648	6,864
Net Cash Growth	84.42%	18.36%	-21.96%	98.83%	-44.25%
Net Cash Per Share	22.17	11.96	10.11	12.95	6.51
Book Value Per Share	9.02	8.15	7.67	8.12	6.52
Tangible Book Value	7,813	7,026	6,656	7,247	5,660
Tangible Book Value Per Share	7.39	6.67	6.32	6.88	5.37
Land	-	1,239	1,206	1,148	1,123
Machinery	-	510.84	471.61	486.7	467.9
Leasehold Improvements	-	31.96	25.5	23.18	20.06

Updated Mar 19, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.