Menora Mivtachim Holdings Ltd. (TLV:MMHD)

Menora Mivtachim Holdings 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	3,881	22,566	23,009	22,776	20,526	20,975
Investments in Equity & Preferred Securities	1,549	11,392	10,461	9,237	9,281	7,704
Other Investments	35,313	23,391	21,012	20,008	21,654	20,322
Total Investments	52,945	59,248	56,176	53,619	54,122	50,475
Cash & Equivalents	4,840	3,983	3,405	3,884	4,496	4,054
Reinsurance Recoverable	3,468	4,028	3,778	3,515	3,012	2,518
Other Receivables	13,056	1,407	1,390	1,673	1,134	971.94
Deferred Policy Acquisition Cost	819.13	2,395	2,188	2,003	1,758	1,653
Property, Plant & Equipment	1,006	1,054	1,017	988.09	916.59	909.35
Goodwill	-	831.96	811.92	803.71	447.43	445.39
Other Intangible Assets	1,875	1,011	983.15	932.36	740.68	702.4
Other Current Assets	644.62	207.11	203.77	128.51	202.33	186.49
Long-Term Deferred Tax Assets	2.78	10.41	24.35	32.98	1.85	4.53
Total Assets	78,656	74,176	69,977	67,580	66,831	61,920
Accounts Payable	-	165.17	192.72	227.26	173.87	164.36
Accrued Expenses	-	633.77	661.49	661.93	590.85	560.93
Insurance & Annuity Liabilities	48,849	59,167	55,952	54,286	56,972	52,640
Unearned Premiums	-	98.69	114.27	90.38	86.7	93.94
Reinsurance Payable	96.99	866.26	881.08	855.36	728.66	611.01
Current Portion of Leases	-	29.93	27.3	24.47	20.1	12.83
Current Income Taxes Payable	745.69	76.64	8.5	7.13	13.57	9.37
Long-Term Debt	5,394	3,500	3,644	3,357	1,752	2,102
Long-Term Leases	70	35.39	44.37	46.55	45	44.97
Long-Term Deferred Tax Liabilities	688.9	634.03	466.4	357.81	407.89	248.82
Other Current Liabilities	84.75	480.55	440.32	691.73	48.79	87.51
Other Long-Term Liabilities	13,801	937.77	800	767.64	278.5	344.33
Total Liabilities	69,865	66,763	63,359	61,500	61,260	57,064
Common Stock	99.43	99.43	99.43	99.43	99.43	99.43
Additional Paid-In Capital	316.52	326.46	332.99	332.99	332.99	332.99
Retained Earnings	7,851	5,914	5,295	4,930	4,334	3,969
Treasury Stock	-64.64	-84.02	-100.2	-100.2	-	-
Comprehensive Income & Other	332.05	958.53	804.05	635.16	735.24	445.16
Total Common Equity	8,535	7,214	6,431	5,897	5,502	4,846
Minority Interest	256.7	198.87	187.17	182.14	69.9	9.75
Shareholders' Equity	8,791	7,413	6,618	6,079	5,572	4,856
Total Liabilities & Equity	78,656	74,176	69,977	67,580	66,831	61,920
Filing Date Shares Outstanding	62.39	62.03	61.88	62.59	63.27	63.27
Total Common Shares Outstanding	62.39	62.03	61.88	62.59	63.27	63.27
Total Debt	5,464	3,565	3,716	3,428	1,817	2,159
Net Cash (Debt)	-624.03	418.11	-310.86	456.54	2,678	1,894
Net Cash Growth	-	-	-	-82.95%	41.38%	268.21%
Net Cash Per Share	-9.82	6.60	-4.88	7.29	42.33	29.94
Book Value Per Share	136.80	116.31	103.92	95.26	86.95	76.60
Tangible Book Value	6,660	5,371	4,636	4,161	4,314	3,699
Tangible Book Value Per Share	106.75	86.60	74.91	67.22	68.17	58.46
Land	-	952.1	908.63	870.56	791.53	771.7
Machinery	-	726	679.07	639.33	594.92	558.86
Leasehold Improvements	-	46.19	45.77	42.87	40.56	38.5

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