Balance Sheet

Cash & Short-Term Investments	194.3m
Insurance Receivable	400k
Deferred Policy Acquisition Cost	57.6m
PP&E	1.8m
Long-Term Investments	2B
Other Assets	124.2m

Insurance Policy Liabilities	2.3B
Long Term Debt	25m
Other Liabilities	108.2m

Currency: USD

	Dec-2015	Dec-2016	Dec-2017	Dec-2018	Dec-2019	Dec-2020	Dec-2021	Dec-2022
Assets
Cash & Cash Equivalents	1	1	1	3	44	152	142	191
Cash Equivalents	1	1	1	3	44	152	142	191
Insurance Receivable	3	2	0	0	0	0	0	0
Deferred Policy Acquisition Cost	3	3	0	0	0	14	25	43
PP&E Net	0	0	0	1	1	1	3	2
PP&E Gross	0	0	0	1	1	1	3	2
Accumulated Depreciation	1	1	1	1	1	1	1	1
Intangible Assets	1	1	1	1	1	1	1	0
Goodwill	1	0	0	0	0	0	0	0
Note Receivable	0	0	0	0	0	0	20	11
Long-Term Investments	24	28	21	17	134	504	949	1 599
Other Long-Term Assets	17	0	3	21	8	4	4	0
Other Assets	15	13	23	24	33	52	77	74
Total Assets	63 N/A	47 -25%	50 +5%	67 +34%	220 +231%	726 +230%	1 220 +68%	1 920 +57%
Liabilities
Insurance Policy Liabilities	40	42	27	27	195	629	1 117	1 799
Accrued Liabilities	0	0	0	1	1	0	2	0
Short-Term Debt	0	0	0	0	0	0	0	0
Current Portion of Long-Term Debt	0	0	0	0	0	0	0	0
Other Current Liabilities	0	0	0	0	0	0	6	9
Total Current Liabilities	0	0	0	1	1	0	8	9
Long-Term Debt	1	1	1	19	0	0	0	25
Minority Interest	0	0	0	0	0	0	15	11
Other Liabilities	16	0	20	22	10	11	9	54
Total Liabilities	56 N/A	43 -23%	47 +10%	69 +46%	206 +198%	640 +211%	1 149 +80%	1 897 +65%
Equity
Common Stock	0	0	0	2	1	0	0	0
Retained Earnings	24	28	30	35	41	54	70	63
Additional Paid In Capital	32	33	33	33	54	134	139	139
Unrealized Security Profit/Loss	0	0	0	0	0	0	3	0
Treasury Stock	0	0	0	0	0	0	0	0
Other Equity	1	1	1	2	1	6	0	51
Total Equity	7 N/A	4 -38%	2 -49%	3 N/A	14 N/A	86 +516%	71 -18%	24 -66%
Total Liabilities & Equity	63 N/A	47 -25%	50 +5%	67 +34%	220 +231%	726 +230%	1 220 +68%	1 920 +57%
Shares Outstanding
Common Shares Outstanding	0	0	0	0	2	4	4	4

Midwest Holdings Inc
NASDAQ:MDWT