Trade receivables (net of allowances for doubtful accounts of $ 2,316 and $ 1,739 as of December 31, 2014 and 2015, respectively)
Other accounts receivable and prepaid expenses (Note 18a)
Inventories
Total current assets
Deferred taxes (Note 17e)
Prepaid expenses and other accounts receivable
Total long-term receivables
INVESTMENTS IN AFFILIATED COMPANIES (Note 6)
SEVERANCE PAY FUND
PROPERTY, AND EQUIPMENT, NET (Note 7)
INTANGIBLE ASSETS, NET (Note 9)
GOODWILL (Note 8)
Total assets
Liabilities to banks and other financial institutions (Note 18b)
Debentures (Note 11)
Trade payables
Deferred revenue
Dividend payable
Employees and payroll accrual
Other accounts payable (Note 18c)
Liabilities in respect of business combinations
Total current liabilities
Liabilities to banks and other financial institutions (Note 10)
Debentures, net of current maturities (Note 11)
Other long term liabilities
Deferred revenues
Liability in respect of business combinations
Liability in respect of capital lease
Accrued severance pay
Total long-term liabilities
TOTAL LIABILITIES
REDEEMABLE NON-CONTROLLING INTEREST (Note 2d)
Formula Systems (1985) equity: Share capital: Ordinary shares of NIS 1 par value -Authorized: 25,000,000 shares at December 31, 2014 and 2015 Issued: 15,287,402 at December 31, 2014 and 2015 Outstanding: 14,728,782 at December 31, 2014 and 2015
Additional paid-in capital
Accumulated earnings
Accumulated other comprehensive loss
Treasury shares (568,620 shares as of December 31, 2014 and 2015)
Total equity attributable to Formula Systems (1985) shareholders'
Non-controlling interests
Total equity
CURRENT ASSETS:
Cash and cash equivalents
Short-term deposits
Short-term investments
Trade receivables, (net from expected credit losses of $14,942 and $18,106 as of December 31, 2025 and 2024, respectively)
Prepaid expenses and other accounts receivable
Inventories
Total current assets
NON-CURRENT ASSETS:
Marketable Securities
Long-term investments and receivables
Financial assets measured at fair value through profit or loss
Investments in companies accounted for at equity
Property, plant and equipment, net
Right-of-use assets
Prepaid expenses, other accounts receivable and other investments
Total long-term assets
Deferred taxes
Intangible assets, net
Goodwill
Total non-current assets
Total assets
CURRENT LIABILITIES:
Loans from banks and others
Debentures
Current maturities of lease liabilities
Trade payables
Deferred revenues
Employees and payroll accrual
Other accounts payable
Dividend payable
Liabilities in respect of business combinations
Put options of non-controlling interests
Total current liabilities
LONG-TERM LIABILITIES:
Loans from banks and others
Debentures
Lease liabilities
Other long-term liabilities
Deferred taxes
Deferred revenues
Liabilities in respect of business combinations
Put options of non-controlling interests
Employee benefit liabilities
Total long-term liabilities
EQUITY
Ordinary shares of NIS 1 par value - Authorized: 25,000,000 shares as of December 31, 2025 and 2024; Issued: 15,901,287 shares as of December 31, 2025 and 2024; Outstanding: 15,332,667 shares as of December 31, 2025 and 2024.
Additional paid-in capital
Retained earnings
Accumulated other comprehensive income
Treasury shares (568,620 shares as of December 31, 2025 and 2024)
Total equity attributable to Formula Systems (1985) Ltd. shareholders
