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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Investments in Debt Securities	2,084	42,165	42,094	41,740	39,932	37,865
Investments in Equity & Preferred Securities	5,213	30,102	26,245	25,128	37,320	26,282
Other Investments	105,724	100,488	96,249	89,033	88,341	87,344
Total Investments	187,178	183,261	174,706	165,002	173,587	159,140
Cash & Equivalents	28,701	23,247	19,503	18,747	20,468	12,843
Reinsurance Recoverable	1,106	1,761	1,682	1,506	1,445	1,303
Other Receivables	17,139	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	1,301	1,323	1,325	1,271	1,206	1,179
Goodwill	-	856.91	850.93	841.72	841.28	847.42
Other Intangible Assets	1,850	865.13	712.03	590.1	469.48	369.31
Other Current Assets	2,915	753.82	728.6	574.42	525.34	485.07
Long-Term Deferred Tax Assets	431	24.07	16.58	42.94	5.95	4.81
Long-Term Deferred Charges	1,072	4.83	7.65	10.88	14.1	17.72
Total Assets	241,693	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	218,384	197,665	184,414	175,466	184,612	165,391
Unearned Premiums	-	173.76	95.28	83.12	126.55	65.95
Reinsurance Payable	169	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	1,273	1,633	927.68	911.39	1,398	1,008
Current Income Taxes Payable	259	41.03	5.34	28.07	258.47	5.75
Long-Term Debt	6,400	5,846	5,832	7,074	5,332	4,869
Long-Term Leases	128	107.88	104.95	84.8	65.42	73.76
Long-Term Deferred Tax Liabilities	276	548.97	294	281.65	790.09	617.02
Other Current Liabilities	930	1,201	461.98	2,855	160.68	252.45
Other Long-Term Liabilities	4,041	1,346	2,707	628.11	1,481	1,471
Total Liabilities	232,162	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	8,710	8,858	8,283	7,747	6,967	5,493
Comprehensive Income & Other	424	297.38	-78.78	-42.79	1,206	999.42
Total Common Equity	9,519	9,540	8,589	8,088	8,557	6,877
Minority Interest	12	9.75	9.87	8.35	6.82	5.15
Shareholders' Equity	9,531	9,549	8,599	8,096	8,564	6,882
Total Liabilities & Equity	241,693	219,637	204,860	196,897	204,159	181,922
Filing Date Shares Outstanding	1,049	1,054	1,054	1,054	1,054	1,054
Total Common Shares Outstanding	1,049	1,054	1,054	1,054	1,054	1,054
Total Debt	7,801	7,627	6,898	8,096	6,821	5,979
Net Cash (Debt)	20,900	15,619	12,605	10,650	13,648	6,864
Net Cash Growth	49.60%	23.91%	18.36%	-21.96%	98.83%	-44.25%
Net Cash Per Share	19.69	14.82	11.96	10.11	12.95	6.51
Book Value Per Share	9.07	9.05	8.15	7.67	8.12	6.52
Tangible Book Value	7,669	7,818	7,026	6,656	7,247	5,660
Tangible Book Value Per Share	7.31	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 Sep 30, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.