Menora Mivtachim Holdings Balance Sheet

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

Millions ILS. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Investments in Debt Securities	6,473	6,677	7,242	23,009	22,776	20,526
Investments in Equity & Preferred Securities	13,141	12,467	10,592	10,461	9,237	9,281
Other Investments	36,470	36,436	32,939	21,012	20,008	21,654
Total Investments	57,875	57,455	52,469	56,176	53,619	54,122
Cash & Equivalents	4,168	5,385	3,983	3,405	3,884	4,496
Reinsurance Recoverable	3,658	3,622	3,373	3,778	3,515	3,012
Other Receivables	10,576	10,536	8,953	1,390	1,673	1,134
Deferred Policy Acquisition Cost	909.23	858.69	748.18	2,188	2,003	1,758
Property, Plant & Equipment	1,032	1,008	1,054	1,017	988.09	916.59
Goodwill	-	831.96	831.96	811.92	803.71	447.43
Other Intangible Assets	1,891	1,049	1,010	983.15	932.36	740.68
Other Current Assets	586.74	759.43	79.34	203.77	128.51	202.33
Long-Term Deferred Tax Assets	1.17	0.91	10.41	24.35	32.98	1.85
Total Assets	80,698	81,506	72,512	69,977	67,580	66,831
Accounts Payable	-	89.26	85.43	192.72	227.26	173.87
Accrued Expenses	-	715.48	603.61	661.49	661.93	590.85
Insurance & Annuity Liabilities	56,226	49,800	47,417	55,952	54,286	56,972
Unearned Premiums	-	-	-	114.27	90.38	86.7
Reinsurance Payable	99.47	97.63	99.07	881.08	855.36	728.66
Current Portion of Leases	-	30.3	29.93	27.3	24.47	20.1
Short-Term Debt	500.89	500.92	200.38	-	-	-
Current Income Taxes Payable	160.56	959.24	79.68	8.5	7.13	13.57
Long-Term Debt	5,471	5,059	3,285	3,644	3,357	1,752
Long-Term Leases	71.58	40.51	35.39	44.37	46.55	45
Long-Term Deferred Tax Liabilities	698.45	761.39	746.16	466.4	357.81	407.89
Other Current Liabilities	-	78.58	294.72	440.32	691.73	48.79
Other Long-Term Liabilities	8,224	13,774	11,876	800	767.64	278.5
Total Liabilities	71,585	72,057	64,881	63,359	61,500	61,260
Common Stock	99.43	99.43	99.43	99.43	99.43	99.43
Additional Paid-In Capital	317.04	316.52	326.46	332.99	332.99	332.99
Retained Earnings	8,459	8,495	6,743	5,295	4,930	4,334
Treasury Stock	-58.01	-64.64	-84.02	-100.2	-100.2	-
Comprehensive Income & Other	76.59	340.22	347.25	804.05	635.16	735.24
Total Common Equity	8,894	9,187	7,432	6,431	5,897	5,502
Minority Interest	218.79	262.43	198.87	187.17	182.14	69.9
Shareholders' Equity	9,113	9,449	7,631	6,618	6,079	5,572
Total Liabilities & Equity	80,698	81,506	72,512	69,977	67,580	66,831
Filing Date Shares Outstanding	62.43	62.39	62.08	61.88	62.59	63.27
Total Common Shares Outstanding	62.43	62.39	62.08	61.88	62.59	63.27
Total Debt	6,043	5,630	3,550	3,716	3,428	1,817
Net Cash (Debt)	-1,875	-245.61	432.92	-310.86	456.54	2,678
Net Cash Growth	-	-	-	-	-82.95%	41.38%
Net Cash Per Share	-29.70	-3.90	6.84	-4.88	7.29	42.33
Book Value Per Share	142.46	147.25	119.72	103.92	95.26	86.95
Tangible Book Value	7,003	7,305	5,590	4,636	4,161	4,314
Tangible Book Value Per Share	112.17	117.10	90.05	74.91	67.22	68.17
Land	-	-	-	908.63	870.56	791.53
Machinery	-	-	-	679.07	639.33	594.92
Leasehold Improvements	-	-	-	45.77	42.87	40.56