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

TLV:MGDL Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Investments in Debt Securities	2,000	42,165	42,094	41,740	39,932	37,865
Investments in Equity & Preferred Securities	5,290	30,102	26,245	25,128	37,320	26,282
Other Investments	100,460	100,488	96,249	89,033	88,341	87,344
Total Investments	179,197	183,261	174,706	165,002	173,587	159,140
Cash & Equivalents	20,522	23,247	19,503	18,747	20,468	12,843
Reinsurance Recoverable	1,145	1,761	1,682	1,506	1,445	1,303
Other Receivables	18,206	5,052	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	1,317	1,323	1,325	1,271	1,206	1,179
Goodwill	-	856.91	850.93	841.72	841.28	847.42
Other Intangible Assets	1,774	865.13	712.03	590.1	469.48	369.31
Other Current Assets	560	753.82	728.6	574.42	525.34	485.07
Long-Term Deferred Tax Assets	608	24.07	16.58	42.94	5.95	4.81
Long-Term Deferred Charges	906	4.83	7.65	10.88	14.1	17.72
Total Assets	224,235	219,637	204,860	196,897	204,159	181,922
Accounts Payable	-	168.99	183.96	194.52	158.29	138.56
Accrued Expenses	-	969.08	860.8	842.89	862.42	795.55
Insurance & Annuity Liabilities	203,606	197,665	184,414	175,466	184,612	165,391
Unearned Premiums	-	173.76	95.28	83.12	126.55	65.95
Reinsurance Payable	204	137.09	130.92	117.67	98.51	92.8
Current Portion of Leases	-	39.98	32.57	26.02	25.77	27.87
Short-Term Debt	1,847	1,633	927.68	911.39	1,398	1,008
Current Income Taxes Payable	151	41.03	5.34	28.07	258.47	5.75
Long-Term Debt	5,849	5,846	5,832	7,074	5,332	4,869
Long-Term Leases	144	107.88	104.95	84.8	65.42	73.76
Long-Term Deferred Tax Liabilities	283	548.97	294	281.65	790.09	617.02
Other Current Liabilities	1,679	1,201	461.98	2,855	160.68	252.45
Other Long-Term Liabilities	1,735	1,346	2,707	628.11	1,481	1,471
Total Liabilities	215,813	210,088	196,261	188,800	195,595	175,041
Common Stock	111	110.63	110.63	110.63	110.63	110.63
Additional Paid-In Capital	274	273.97	273.74	273.74	273.74	273.74
Retained Earnings	7,599	8,858	8,283	7,747	6,967	5,493
Comprehensive Income & Other	427	297.38	-78.78	-42.79	1,206	999.42
Total Common Equity	8,411	9,540	8,589	8,088	8,557	6,877
Minority Interest	11	9.75	9.87	8.35	6.82	5.15
Shareholders' Equity	8,422	9,549	8,599	8,096	8,564	6,882
Total Liabilities & Equity	224,235	219,637	204,860	196,897	204,159	181,922
Filing Date Shares Outstanding	1,054	1,054	1,054	1,054	1,054	1,054
Total Common Shares Outstanding	1,054	1,054	1,054	1,054	1,054	1,054
Total Debt	7,840	7,627	6,898	8,096	6,821	5,979
Net Cash (Debt)	12,682	15,619	12,605	10,650	13,648	6,864
Net Cash Growth	-17.69%	23.91%	18.36%	-21.96%	98.83%	-44.25%
Net Cash Per Share	11.70	14.82	11.96	10.11	12.95	6.51
Book Value Per Share	7.98	9.05	8.15	7.67	8.12	6.52
Tangible Book Value	6,637	7,818	7,026	6,656	7,247	5,660
Tangible Book Value Per Share	6.30	7.42	6.67	6.32	6.88	5.37
Land	-	1,221	1,239	1,206	1,148	1,123
Machinery	-	533.7	510.84	471.61	486.7	467.9
Leasehold Improvements	-	32.57	31.96	25.5	23.18	20.06

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