Madison Financial Services Plc (LUSE:MAFS)

LUSE:MAFS Balance Sheet

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

Fiscal Year	TTM	FY 2018	FY 2017	FY 2016	FY 2015	FY 2014
Period Ending	Jun 30, 2025	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016	Dec 31, 2015	Dec 31, 2014
Investments in Debt Securities	-	98.88	63.53	35.61	29.75	23.19
Investments in Equity & Preferred Securities	-	28.66	1.18	8.45	11.02	10.61
Other Investments	-	120.29	175.8	175.26	87.48	49.62
Total Investments	-	446.45	434.42	367.75	257.7	200.63
Cash & Equivalents	-	149.54	142.03	83.97	153.82	139.11
Reinsurance Recoverable	-	-	-	7.93	10.54	8.5
Other Receivables	-	464.16	416.15	366.78	345.9	254.48
Deferred Policy Acquisition Cost	-	7.93	6.05	-	-	-
Property, Plant & Equipment	-	125.82	120.14	124.64	102.09	83.34
Goodwill	-	4.11	4.11	4.11	4.11	4.11
Other Intangible Assets	-	20.85	21.75	22.4	11.26	8.37
Other Current Assets	1,113	45.96	37.78	37.57	30.58	13.86
Long-Term Deferred Tax Assets	-	18.17	9.28	19.92	15.76	4.47
Total Assets	2,033	1,283	1,192	1,035	931.76	716.85
Accounts Payable	-	12.89	8.8	34.65	41.21	31.84
Accrued Expenses	-	8.51	7.32	-	-	5.27
Insurance & Annuity Liabilities	-	432.89	373.43	305.09	277.42	227.67
Current Portion of Long-Term Debt	-	67.95	53.49	22.09	30.28	50.76
Current Portion of Leases	-	0.18	0.04	1.78	1.21	0.56
Short-Term Debt	-	0.03	0.74	12.22	24.11	27.69
Current Income Taxes Payable	-	-	-	-	-	0.33
Long-Term Debt	-	88.53	141.63	172.46	160.49	89.32
Long-Term Leases	-	0.32	0.7	1.79	4.37	2.68
Long-Term Deferred Tax Liabilities	-	17.51	11.88	12.19	13.82	6.04
Other Current Liabilities	1,725	577.41	476.32	331.68	245.8	139.43
Other Long-Term Liabilities	346.57	5.97	5.81	-	-	-
Total Liabilities	2,072	1,217	1,084	895.23	799.94	581.6
Common Stock	-37.46	0.5	0.5	0.5	0.5	0.5
Additional Paid-In Capital	-	13.66	13.66	13.66	13.66	13.66
Retained Earnings	-	18.2	56.76	93.8	88.43	93.08
Comprehensive Income & Other	-	26.39	26.46	21.35	17.71	6.1
Total Common Equity	-37.46	58.75	97.38	129.31	120.29	113.33
Minority Interest	-1.57	7.73	10.07	10.53	11.53	21.92
Shareholders' Equity	-39.02	66.48	107.45	139.84	131.82	135.25
Total Liabilities & Equity	2,033	1,283	1,192	1,035	931.76	716.85
Filing Date Shares Outstanding	49.24	50	50	50	50	50
Total Common Shares Outstanding	49.24	50	50	50	50	50
Total Debt	-	157	196.6	210.34	220.46	171.01
Net Cash (Debt)	-	-7.46	-54.57	-126.37	-66.64	-31.91
Net Cash Per Share	-	-0.15	-1.09	-2.53	-1.33	-0.64
Book Value Per Share	-0.76	1.17	1.95	2.59	2.41	2.27
Tangible Book Value	-37.46	33.79	71.52	102.8	104.93	100.86
Tangible Book Value Per Share	-0.76	0.68	1.43	2.06	2.10	2.02
Buildings	-	115.58	110.28	107.13	83.95	66.49
Machinery	-	62.94	57.86	55.99	50.5	44.09
Construction In Progress	-	2.06	0.4	0.94	0.31	-

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.