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

MGDL Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Investments in Debt Securities	25,526	42,094	41,740	39,932	37,865	37,185
Investments in Equity & Preferred Securities	260.18	26,245	25,128	37,320	26,282	19,306
Other Investments	22,220	96,249	89,033	88,341	87,344	79,782
Total Investments	174,881	174,706	165,002	173,587	159,140	143,975
Cash & Equivalents	21,989	19,503	18,747	20,468	12,843	17,298
Reinsurance Recoverable	1,558	1,682	1,506	1,445	1,303	1,097
Other Receivables	4,901	3,123	6,191	3,572	3,780	4,338
Deferred Policy Acquisition Cost	2,348	2,205	2,120	2,024	1,952	2,047
Property, Plant & Equipment	1,303	1,325	1,271	1,206	1,179	1,179
Goodwill	-	850.93	841.72	841.28	847.42	850.72
Other Intangible Assets	1,635	712.03	590.1	469.48	369.31	303.31
Other Current Assets	-	728.6	574.42	525.34	485.07	264.58
Long-Term Deferred Tax Assets	109.69	16.58	42.94	5.95	4.81	5.95
Long-Term Deferred Charges	-	7.65	10.88	14.1	17.72	21.99
Total Assets	208,724	204,860	196,897	204,159	181,922	171,380
Accounts Payable	-	183.96	194.52	158.29	138.56	115.4
Accrued Expenses	-	860.8	842.89	862.42	795.55	760.83
Insurance & Annuity Liabilities	189,134	184,414	175,466	184,612	165,391	157,672
Unearned Premiums	-	95.28	83.12	126.55	65.95	107.97
Reinsurance Payable	-	130.92	117.67	98.51	92.8	119.15
Current Portion of Leases	-	32.57	26.02	25.77	27.87	28.79
Short-Term Debt	838.57	927.68	911.39	1,398	1,008	-
Current Income Taxes Payable	14.17	5.34	28.07	258.47	5.75	38.41
Long-Term Debt	5,851	5,832	7,074	5,332	4,869	4,865
Long-Term Leases	135.35	104.95	84.8	65.42	73.76	92.44
Long-Term Deferred Tax Liabilities	290.47	294	281.65	790.09	617.02	523.07
Other Current Liabilities	1,173	461.98	2,855	160.68	252.45	196.22
Other Long-Term Liabilities	2,184	2,707	628.11	1,481	1,471	276.14
Total Liabilities	199,938	196,261	188,800	195,595	175,041	165,035
Common Stock	110.63	110.63	110.63	110.63	110.63	110.63
Additional Paid-In Capital	273.74	273.74	273.74	273.74	273.74	273.74
Retained Earnings	8,817	8,283	7,747	6,967	5,493	5,134
Comprensive Income & Other	-427.03	-78.78	-42.79	1,206	999.42	821.26
Total Common Equity	8,775	8,589	8,088	8,557	6,877	6,339
Minority Interest	10.57	9.87	8.35	6.82	5.15	5.96
Shareholders' Equity	8,785	8,599	8,096	8,564	6,882	6,345
Total Liabilities & Equity	208,724	204,860	196,897	204,159	181,922	171,380
Filing Date Shares Outstanding	1,070	1,054	1,054	1,054	1,054	1,054
Total Common Shares Outstanding	1,070	1,054	1,054	1,054	1,054	1,054
Total Debt	6,825	6,898	8,096	6,821	5,979	4,986
Net Cash (Debt)	15,164	12,605	10,650	13,648	6,864	12,313
Net Cash Growth	11.28%	18.36%	-21.96%	98.83%	-44.25%	51.53%
Net Cash Per Share	14.07	11.96	10.11	12.95	6.51	11.68
Book Value Per Share	8.20	8.15	7.67	8.12	6.52	6.01
Tangible Book Value	7,140	7,026	6,656	7,247	5,660	5,185
Tangible Book Value Per Share	6.68	6.67	6.32	6.88	5.37	4.92
Land	-	1,239	1,206	1,148	1,123	1,125
Machinery	-	510.84	471.61	486.7	467.9	497.58
Leasehold Improvements	-	31.96	25.5	23.18	20.06	20.13

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