Jefferies Financial Group Inc
(NYSE:JEF)

Jefferies Financial Group Inc. engages in the investment banking and capital markets, asset management, and direct investing businesses in the Americas, Europe, the Middle East, Africa, and Asia. It operates through Investment Banking and Capital Markets, Asset Management, Merchant Banking, and Corp...

Website: http://www.jefferies.com

Founded: 1962

Full Time Employees: 4,800

Sector: Financial Services

Industry: Financial Conglomerates

Financial Services

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Unit: USD	2026-05-31	2026-02-28	2025-11-30	2025-08-31	2025-05-31	2024-11-30	2024-08-31	2024-05-31	2024-02-29	2023-11-30	2023-08-31	2023-05-31	2023-02-28	2022-11-30	2022-08-31	2022-05-31	2022-02-28	2021-11-30	2021-08-31	2021-05-31	2021-02-28	2020-11-30	2020-08-31	2020-05-31	2020-02-29	2019-08-31	2019-05-31	2019-02-28	2018-09-30	2018-06-30	2018-03-31	2017-09-30	2017-06-30	2017-03-31	2016-09-30	2016-06-30	2015-09-30	2015-06-30	2014-03-31	2013-12-31	2013-09-30	2013-06-30	2013-03-31	2012-12-31	2012-09-30	2012-06-30	2012-03-31	2011-12-31	2011-09-30	2011-06-30	2011-03-31	2010-12-31	2010-09-30	2010-06-30	2010-03-31	2009-09-30	2009-06-30

revenues
investment banking	1,209,625,000					586,185,750	927,094,000	738,584,000	679,065,000	573,903,000	600,190,000	492,475,000	502,798,000	552,581,000	709,334,000	600,859,000	945,048,000	796,233,000	1,180,620,000	1,000,700,000	1,003,612,000	398,832,500	615,837,000	387,491,000	592,002,000	410,796,000	430,087,000	285,596,000	460,043,000	500,297,000	439,991,000	475,702,000	351,863,000	408,021,000	294,930,000	253,046,000	389,820,000	404,062,000	414,320,000	688,616,000	309,339,000	277,134,000
principal transactions	488,666,000					345,358,000	324,501,000	416,195,000	640,736,000	241,705,000	353,373,000	320,959,000	497,246,000	179,124,000	200,889,000	204,589,000	249,155,000	378,258,500	232,110,000	361,023,000	919,901,000	355,371,250	623,283,000	393,338,000	404,864,000	-20,920,000	240,189,000	246,182,000	116,204,000	53,755,000	145,663,000	95,419,000	226,035,000	416,501,000	299,066,000	262,347,000	-253,145,000	72,238,000	281,054,000	616,066,000	-41,171,000	141,680,000
commissions and other fees	400,614,000					196,992,000	270,643,000	271,782,000	245,543,000	233,371,000	223,712,000	235,312,000	213,270,000	220,075,000	221,397,000	254,706,000	229,316,000	168,439,000	214,363,000	222,624,000	236,769,000	156,608,500	204,032,000	242,972,000	179,430,000	171,000,000	159,685,000	147,134,000	155,417,000	157,704,000	147,902,000
asset management fees and revenues	9,788,000					18,531,500	11,986,000	11,768,000	50,372,000	14,843,000	14,812,000	13,933,000	38,986,000
interest	853,962,000					659,000,500	936,786,000	879,727,000	819,489,000	806,570,000	898,040,000	632,679,000	531,385,000																			27,325,000	27,834,000	27,384,000	23,121,000	22,706,000	28,949,000	30,671,000	28,576,000	67,730,000	17,234,000	21,209,000	21,319,000	71,475,000	21,106,000	21,373,000	28,868,000	84,339,000	27,538,000	27,837,000	28,977,000	7,838,250	31,353,000	31,497,000	31,491,000	31,472,000	32,384,000
other	155,542,000					109,889,000	124,579,000	198,240,000	116,737,000	98,346,000	-49,212,000	-44,176,000	-3,121,000	312,603,000	387,091,000	313,294,000	305,300,000	126,677,250	174,305,000	167,442,000	164,962,000	46,591,750	42,753,000	31,619,000	111,995,000	169,248,000	144,206,000	53,831,000	296,548,000	90,021,000	155,703,000	119,187,000	133,970,000	326,912,000	164,121,000	143,379,000	155,320,000	153,023,000	133,622,000	316,212,000	173,025,000	154,856,000	119,623,000
total revenues	3,118,197,000					1,915,956,750	2,595,589,000	2,516,296,000	2,551,942,000	1,968,738,000	2,040,915,000	1,651,182,000	1,780,564,000	1,751,389,000	1,836,927,000	1,618,147,000	1,942,800,000	1,752,627,750	2,140,594,000	2,166,329,000	2,703,588,000	1,223,823,500	1,825,499,000	1,377,531,000	1,692,264,000	1,223,156,000	1,510,371,000	1,195,012,000	1,458,977,000	1,243,826,000	2,946,469,000	3,141,892,000	2,989,715,000	3,080,369,000	2,883,710,000	2,841,316,000	2,566,023,000	3,055,123,000	3,139,867,000	8,260,687,000	2,742,065,000	2,914,740,000	2,144,036,000
yoy						-2.68%	27.18%	52.39%	43.32%	12.41%	11.10%	2.04%	-8.35%	-0.07%	-14.19%	-25.30%	-28.14%	43.21%	17.26%	57.26%	59.76%	0.05%	20.86%	15.27%	15.99%	-1.66%	-48.74%	-61.97%	-51.20%	-59.62%	2.18%	10.58%	16.51%	0.83%	-8.16%	-65.60%	-6.42%	4.82%	46.45%
qoq						-26.18%	3.15%	-1.40%	29.62%	-3.54%	23.60%	-7.27%	1.67%	-4.66%	13.52%	-16.71%	10.85%	-18.12%	-1.19%	-19.87%	120.91%	-32.96%	32.52%	-18.60%	38.35%	-19.02%	26.39%	-18.09%	17.30%	-57.79%	-6.22%	5.09%	-2.94%	6.82%	1.49%	10.73%	-16.01%	-2.70%	-61.99%	201.26%	-5.92%	35.95%
interest expense	911,746,000					646,406,750	912,037,000	859,851,000	813,739,000	771,532,000	858,806,000	613,572,000	497,072,000	1,141,806,000	10,220,000	9,311,000	9,088,000	14,957,000	19,518,000	19,943,000	20,367,000	16,056,500	21,512,000	21,160,000	21,554,000	23,663,000	23,138,000	23,018,000	28,837,000	24,279,000	23,607,000				207,335,000	215,958,000	199,927,000	215,660,000	196,553,000	396,272,000	176,989,000	209,590,000
net revenues	2,206,451,000					1,269,550,000	1,683,552,000	1,656,445,000	1,738,203,000	1,197,206,000	1,182,109,000	1,037,610,000	1,283,492,000	1,352,951,000	1,524,890,000	1,369,082,000	1,731,915,000	1,808,896,000	1,938,984,000	1,950,507,000	2,486,942,000	1,037,521,750	1,616,170,000	1,147,589,000	1,386,328,000	856,778,000	1,101,657,000	828,443,000	1,150,846,000	911,159,000	2,680,793,000	2,896,522,000	2,732,380,000	2,867,982,000	2,676,375,000	2,625,358,000	2,366,096,000	2,839,463,000	2,943,314,000	7,864,415,000	2,565,076,000	2,705,150,000
non-interest expenses
compensation and benefits	1,188,245,000					669,490,500	889,098,000	861,993,000	926,871,000	612,287,000	644,059,000	575,868,000	703,058,000	662,421,000	558,462,000	578,477,000	789,684,000	701,507,000	802,243,000	831,242,000	1,172,543,000	507,374,250	760,837,000	598,467,000	670,193,000	446,882,000	510,560,000	409,592,000	461,265,000	478,515,000	499,866,000	504,831,000	491,573,000	504,183,000	418,715,000	458,091,000	375,495,000	517,287,000	565,837,000	1,026,212,000	326,448,000	414,140,000	45,936,000
brokerage and clearing fees	147,446,000					80,331,250	101,119,000	110,536,000
underwriting costs	26,858,000					12,763,250	14,017,000	18,552,000	18,484,000	19,829,000	14,877,000	13,169,000	13,207,000
technology and communications	162,860,000					102,425,750	136,953,000	135,238,000	137,512,000	122,128,000	122,579,000	118,936,000	113,385,000
occupancy and equipment rental	34,499,000					21,889,500	30,078,000	29,327,000	28,153,000	26,630,000	27,711,000	24,395,000	27,315,000
business development	89,108,000					48,608,250	68,152,000	68,630,000	57,651,000	55,649,000	41,467,000	43,587,000	36,838,000
professional services	98,707,000					54,491,750	64,630,000	75,493,000	77,844,000	70,875,000	64,897,000	68,514,000	62,161,000
depreciation and amortization	47,328,000					34,781,250	45,977,000	49,946,000	43,202,000	28,311,000	25,288,000	25,310,000	33,292,000	43,471,000	43,187,000	40,307,000	45,937,000	29,221,000	38,677,000	39,440,000	38,767,000	29,839,000	39,520,000	40,366,000	39,470,000	39,880,000	36,786,000	33,934,000	32,295,000	31,905,000	53,679,000	55,424,000	50,717,000	49,510,000	52,691,000	50,769,000	58,466,000	55,240,000	41,487,000	118,145,000	49,280,000	48,201,000	29,796,000	99,751,000	30,372,000	40,855,000	39,496,000	56,812,000	18,668,000	18,579,000	17,762,000	4,953,500	19,814,000	22,209,000	21,804,000	16,315,000	15,457,000
cost of sales	31,253,000					27,383,250	37,400,000	37,462,000	34,671,000	23,287,000	1,618,000	2,362,000	2,168,000	91,281,000	123,436,000	130,449,000	95,671,000	97,729,000	151,510,000	143,847,000	95,559,000	58,967,750	82,657,000	80,771,000	72,443,000	85,773,000	80,415,000	66,921,000	84,876,000	90,690,000	1,752,711,000	1,888,076,000	1,820,551,000	1,533,094,000	1,689,093,000	1,776,370,000	1,937,288,000	2,050,367,000	1,945,675,000	5,665,544,000	1,902,163,000	1,921,651,000	1,830,463,000
other expenses	64,598,000					42,214,500	43,441,000	41,514,000	83,903,000	52,539,000	57,316,000	50,958,000	53,576,000
total non-interest expenses	1,890,902,000					1,094,379,250	1,430,865,000	1,428,691,000	1,517,961,000	1,109,945,000	1,091,038,000	1,019,691,000	1,125,474,000
earnings before income taxes	315,549,000									87,261,000	91,071,000	17,919,000	158,018,000
income tax expense	65,571,000					51,769,250	78,011,000	73,107,000	55,959,000	16,828,000	37,124,000	9,235,000	28,694,000
net earnings	249,978,000					123,029,500	181,039,000	154,687,000	156,392,000	70,433,000	53,947,000	8,684,000	129,324,000
yoy						74.68%	235.59%	1681.29%	20.93%
qoq						-32.04%	17.04%	-1.09%	122.04%	30.56%	521.22%	-93.29%
net income margin %	8.02%	NaN%	NaN%	NaN%	NaN%	6.42%	6.97%	6.15%	6.13%	3.58%	2.64%	0.53%	7.26%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%	NaN%
net losses attributable to noncontrolling interests	-5,440,000					-4,775,500	-6,874,000	-4,790,000	-7,438,000	-3,335,000	-3,772,000		-6,055,000
preferred stock dividends	29,184,000					12,125,250	20,785,000	13,741,000	14,189,000	6,300,000	6,300,000		2,016,000	14,492,000	-2,070,000	-2,071,000	-2,070,000	-1,275,250	-1,849,000	-1,626,000	-1,626,000	-1,057,500	-1,404,000	-1,404,000	-1,422,000	-1,275,000	-1,276,000	-1,276,000	-1,276,000	-1,171,000	-1,172,000	-1,172,000	-1,015,000	-1,016,000	-1,016,000	-1,015,000	-1,016,000	-1,015,000	-1,016,000	-2,370,000	-1,027,000	-1,015,000	-339,000
net earnings attributable to common shareholders	226,234,000					115,679,750	167,128,000	145,736,000	149,641,000
earnings per voting common share
basic	1,050
diluted	1,020
basic weighted-average common shares outstanding	210,269,000
diluted weighted-average common shares outstanding	216,744,000
earnings per non-voting common share
basic	1,710
diluted	1,130
investment banking ....................................................................................................................................................................		1,018,284,000
principal transactions ................................................................................................................................................................		487,498,000
commissions and other fees ....................................................................................................................................................		367,604,000
asset management fees and revenues ...................................................................................................................................		67,362,000
interest .........................................................................................................................................................................................		813,119,000
other .............................................................................................................................................................................................		117,398,000
total revenues ............................................................................................................................................................................		2,871,265,000
interest expense ..........................................................................................................................................................................		854,135,000
net revenues ...............................................................................................................................................................................		2,017,130,000
compensation and benefits ......................................................................................................................................................		1,085,890,000
brokerage and clearing fees .....................................................................................................................................................		133,132,000
underwriting costs ......................................................................................................................................................................		31,383,000
technology and communications ............................................................................................................................................		159,858,000
occupancy and equipment rental .............................................................................................................................................		33,860,000
business development ...............................................................................................................................................................		75,422,000
professional services .................................................................................................................................................................		76,944,000
depreciation and amortization .................................................................................................................................................		56,865,000
cost of sales ................................................................................................................................................................................		29,920,000
other expenses ...........................................................................................................................................................................		121,640,000
total non-interest expenses ....................................................................................................................................................		1,804,914,000
earnings before income taxes ..................................................................................................................................................		212,216,000
income tax expense ...................................................................................................................................................................		52,870,000
net earnings ................................................................................................................................................................................		159,346,000
net losses attributable to noncontrolling interests ...............................................................................................................		-15,858,000
preferred stock dividends ..........................................................................................................................................................		19,504,000
net earnings attributable to common shareholders ............................................................................................................		155,700,000
earnings per common share
basic .............................................................................................................................................................................................		720
diluted ...........................................................................................................................................................................................		700
weighted-average common shares outstanding
investment banking ...............................................................................................			651,744,000	1,088,197,000	789,269,000
principal transactions ............................................................................................			308,157,500	486,893,000	338,507,000
commissions and other fees ...............................................................................			241,677,750	325,178,000	353,233,000
asset management fees and revenues ..............................................................			29,640,750	13,079,000	20,076,000
interest .....................................................................................................................			642,522,500	846,894,000	878,025,000
other .........................................................................................................................			94,970,750	147,433,000	115,205,000
total revenues ........................................................................................................			1,968,713,250	2,907,674,000	2,494,315,000
interest expense .....................................................................................................			649,988,750	860,242,000	859,868,000
net revenues ...........................................................................................................			1,318,724,500	2,047,432,000	1,634,447,000
compensation and benefits .................................................................................			694,869,000	1,083,510,000	854,839,000
brokerage and clearing fees .................................................................................			90,086,250	121,164,000	129,745,000
underwriting costs .................................................................................................			13,175,750	20,332,000	14,525,000
technology and communications .......................................................................			110,711,000	157,171,000	146,198,000
occupancy and equipment rental ........................................................................			23,454,500	32,908,000	30,711,000
business development ..........................................................................................			57,840,000	78,999,000	80,070,000
professional services ............................................................................................			55,890,750	73,329,000	77,768,000
depreciation and amortization .............................................................................			34,117,750	53,230,000	52,253,000
cost of sales ...........................................................................................................			29,739,750	34,430,000	42,961,000
other expenses .......................................................................................................			54,394,500	60,544,000	70,476,000
total non-interest expenses ................................................................................			1,164,279,250	1,715,617,000	1,499,546,000
earnings from continuing operations before income taxes ............................			154,445,250	331,815,000	134,901,000
income tax expense ...............................................................................................			36,758,250	89,311,000	43,506,000
net earnings from continuing operations ...........................................................			117,687,000	242,504,000	91,395,000
net earnings from discontinued operations (including gain on disposal of 0, 2,839, 0, 2,839), net of income tax benefit of 0, 9,145, 0, and 12,321 ........................................................................................
net earnings ...........................................................................................................			117,687,000	242,504,000	91,395,000
net losses attributable to noncontrolling interests ...........................................			-6,173,000	-10,041,000	-7,668,000
preferred stock dividends .....................................................................................			13,882,000	28,559,000	11,046,000
net earnings attributable to common shareholders ........................................			109,978,000	223,986,000	88,017,000
basic from continuing operations .......................................................................			512.5	1,040	410
diluted from continuing operations .....................................................................			495	1,010	400
basic .........................................................................................................................			512.5	1,040	410
diluted ......................................................................................................................			495	1,010	400
weighted-average common shares outstanding .............................................
net earnings from discontinued operations, net of income tax benefit of 0, 173, 0, and 3,176 .....................................................................
earnings from continuing operations before income taxes						175,170,750	252,687,000	227,754,000	220,242,000
net earnings from continuing operations						123,401,500	174,676,000	154,647,000	164,283,000
net earnings from discontinued operations (including gain on disposal of 2,839, —, 2,839, —), net of income tax benefit of 9,145, —, 12,321, and —						-372,000	6,363,000
net losses attributable to redeemable noncontrolling interests												-198,000	-256,000
basic from continuing operations						530	750	660	710
diluted from continuing operations						515	720	640	690
basic						530	780	660	680
diluted						515	750	640	660
weighted-average common share shares outstanding
basic							214,452,000	219,971,000	220,046,000
diluted							221,699,000	226,146,000	225,291,000
net earnings from discontinued operations, net of income tax benefit of 173, 0, 3,176, and 0								40,000
floor brokerage and clearing fees									109,670,000	98,410,000	91,226,000	96,592,000	80,474,000	85,142,000	84,686,000	94,016,000	83,961,000	55,552,000	68,982,000	76,810,000	76,416,000	50,350,750	66,743,000	75,479,000	59,181,000	50,858,000	60,387,000	51,868,000	44,570,000	45,046,000	42,176,000	42,852,000	44,435,000	45,858,000	40,189,000	43,591,000	45,307,000	58,713,000	49,570,000	116,274,000	34,500,000	32,991,000
net losses from discontinued operations, net of income tax benefit of 3,003									-7,891,000
net earnings attributable to jefferies financial group inc. common shareholders										65,639,000	51,419,000
net earnings per common share:
basic										207.5	220
diluted										205	220
net earnings attributable to noncontrolling interests												-3,513,000
net earnings attributable to jefferies financial group inc.												12,395,000	133,619,000
basic earnings per common share												50	560																																										790
diluted earnings per common share												50	540																																										780
revenues:
interest income														194,224,000	318,216,000	244,699,000	213,981,000	172,805,750	220,278,000	230,448,000	240,497,000	195,735,250	219,843,000	236,732,000	326,366,000	410,467,000	445,967,000	386,844,000	336,736,000	327,314,000	275,290,000	253,974,000	249,598,000	223,630,000	226,648,000	231,593,000	238,468,000	248,715,000	257,660,000	501,379,000	236,401,000	264,718,000	5,709,000
interest expense of jefferies group														192,996,750	312,037,000	249,065,000	210,885,000	158,519,500	201,610,000	215,822,000	216,646,000	186,301,750	209,329,000	229,942,000	305,936,000	366,378,000	408,714,000	366,569,000	308,131,000	332,667,000
expenses:
non-compensation expenses:
selling, general and other expenses														252,940,000	398,222,000	328,281,000	285,257,000	222,689,750	277,262,000																															51,105,000	44,536,000
total non-compensation expenses														358,118,250	536,315,000	471,915,000	424,243,000
total expenses														927,163,000	1,218,213,000	1,180,841,000	1,309,598,000	1,350,182,000	1,358,192,000	1,452,842,000	1,675,589,000	858,755,250	1,208,981,000	1,065,361,000	1,160,679,000	915,798,000	940,348,000	806,439,000	897,021,000	906,997,000	2,606,239,000
income before income taxes and loss related to associated companies														229,308,750	306,677,000	188,241,000	422,317,000			497,665,000	811,353,000
loss related to associated companies														-14,128,000	-4,827,000	-21,700,000	-29,985,000			-23,526,000	-10,568,000
income before income taxes														215,180,750	301,850,000	166,541,000	392,332,000	457,135,000	553,616,000	474,139,000	800,785,000	161,385,750	412,242,000	75,507,000	157,794,000						106,654,000	200,027,000	124,682,000	398,097,000		139,462,000
income tax provision														54,987,250	105,909,000	49,683,000	64,357,000	91,973,000	145,700,000	120,820,000	218,236,000				45,773,000				90,391,000			63,260,000							50,190,000	94,558,000	16,183,000
net income														160,193,500	195,941,000	116,858,000	327,975,000	-1,343,783,993.71	407,916,000	353,319,000	582,549,000	115,101,250	304,839,000	43,545,000	112,021,000	49,394,000	672,276,000	47,015,000	182,301,000	748,944,000	139,149,000	136,767,000	74,062,000	293,923,000	176,206,000	70,612,000	-180,183,000	15,034,000	91,937,000	347,810,000	14,383,000	58,536,000	300,289,000	750,307,000	114,334,000	-187,768,000	487,235,000	316,308,000	-291,352,000	186,458,000	10,786,000	-289,969,992.03	289,970,000	-236,278,000	191,505,000	369,580,000	410,984,000
net loss attributable to the noncontrolling interests														279,000	1,243,000	-1,096,000	969,000	684,000	1,324,000
net loss attributable to the redeemable noncontrolling interests														310,250	345,000	323,000	573,000	-245,000	68,000
net income attributable to jefferies financial group inc. common shareholders														159,230,000	195,459,000	114,014,000	327,447,000	335,622,500	407,459,000	352,596,000	582,435,000	115,584,500	304,409,000	44,919,000	113,010,000	48,477,000	670,764,000	44,811,000	192,635,000	725,529,000
basic earnings per common share attributable to jefferies financial group inc. common shareholders:
diluted earnings per common share attributable to jefferies financial group inc. common shareholders:
manufacturing revenues																		110,214,250	118,918,000	184,092,000	137,847,000	70,684,250	119,751,000	85,379,000	77,607,000	82,565,000	90,237,000	75,425,000	94,029,000	114,735,000
income before income taxes and income related to associated companies																		472,452,500	580,792,000			178,766,500	407,189,000	82,228,000	225,649,000						74,554,000	169,970,000	110,578,000	526,671,000		87,572,000
income related to associated companies																		-33,149,000	-27,176,000			-17,380,750	5,053,000	-6,721,000	-67,855,000	72,283,000	22,170,000	27,313,000	18,867,000	33,353,000	32,100,000	30,057,000	14,104,000	-128,574,000	36,503,000	51,890,000	24,243,000	29,807,000	20,036,000	95,152,000	23,889,000	34,863,000	135,250,000									-15,556,250	-62,225,000			-33,742,000
selling, general and other incomes																				341,560,000	271,937,000	196,167,000	237,712,000	249,118,000	297,838,000	268,742,000	229,062,000	221,106,000	245,178,000	236,562,000	234,200,000	208,044,000	186,692,000	181,282,000	239,160,000	186,259,000	217,019,000	156,529,000	192,424,000	520,025,000	232,934,000	221,510,000	81,272,000	217,179,000	56,688,000	59,941,000	76,254,000	160,263,000	57,592,000			17,281,500	69,126,000	56,899,000	59,265,000	51,243,000	150,738,000
net income attributable to the noncontrolling interests																				669,000	743,000										1,344,000		1,446,000	523,000	1,870,000	760,000
net income attributable to the redeemable noncontrolling interests																				234,000	769,000				282,000		-427,000		-390,000	-22,108,000	-14,796,000	-36,216,000	-16,300,000	-12,022,000					5,932,000
income tax benefit																						46,284,500	107,403,000	31,962,000		-36,131,000	-488,797,000	2,302,000		9,598,000	-32,495,000		50,620,000	104,174,000	73,703,000	68,850,000	-90,273,000	-14,571,000				22,068,000
net (income) loss attributable to the noncontrolling interests																						1,258,250	324,000	2,580,000	2,129,000	116,000	191,000	-1,066,000	12,000,000	-136,000		-28,000					1,238,000	356,000
net (income) loss attributable to the redeemable noncontrolling interests																						282,500	650,000	198,000		242,000		138,000							-22,702,000	-13,068,000	6,788,000	2,031,000					4,531,000
amounts attributable to jefferies financial group inc. common shareholders:
income from continuing operations before income taxes and income related to associated companies																										-59,020,000	161,309,000	22,004,000	253,825,000	4,162,000					213,406,000		-296,428,000	-29,344,000
income from continuing operations before income taxes																										13,263,000	183,479,000	49,317,000	272,692,000	37,515,000					249,909,000		-272,185,000	463,000	139,781,000	445,637,000	26,406,000	80,311,000
income from continuing operations																										49,394,000	672,276,000	47,015,000	182,301,000	27,917,000					176,206,000		-181,912,000	15,034,000	89,591,000	351,079,000	10,223,000	58,243,000	300,770,000	749,360,000	116,945,000	-188,673,000	487,467,000	308,711,000	-292,017,000	183,288,000	12,429,000	1,626,600,000	262,487,000	-245,786,000		345,775,000
income from discontinued operations, net of income tax provision of 0, 0, 0 and 47,045
gain on disposal of discontinued operations, net of income tax provision of 0, 0, 0 and 229,553
income from discontinued operations, net of income tax provision of 0, 31,111, 0 and 47,045
gain on disposal of discontinued operations, net of income tax provision of 0, 229,553, 0 and 229,553
income from discontinued operations, net of income tax provision of 0 and 15,934
income from discontinued operations, net of income tax provision of 0, 53,490, 47,045 and 90,856
gain on disposal of discontinued operations, net of income tax provision of 0, 0, 229,553 and 0
income from discontinued operations, net of income tax provision of 31,111, 24,435, 47,045 and 37,366																														77,106,000
gain on disposal of discontinued operations, net of income tax provision of 229,553, 0, 229,553 and 0																														643,921,000
beef processing services																															1,781,920,000	2,038,821,000	1,874,495,000	1,559,023,000	1,746,841,000	1,797,380,000	1,863,040,000	1,994,484,000	1,885,754,000	5,565,584,000	1,920,748,000	1,920,004,000	1,788,813,000	5,570,048,000	1,909,203,000	1,913,616,000	1,790,555,000
interest expense of jefferies																															265,676,000	245,370,000	257,335,000	212,387,000
net income attributable to leucadia national corporation common shareholders																															124,525,000	99,351,000	58,193,000	281,408,000	154,358,000	57,289,000	-173,173,000	16,406,000					305,103,000														411,023,000
basic earnings per common share attributable to leucadia national corporation common shareholders:
diluted earnings per common share attributable to leucadia national corporation common shareholders:
dividends per common share																															100	100	62.5
commissions																																139,082,000	152,643,000	145,822,000	152,044,000	146,157,000	172,284,000	173,508,000	162,063,000	333,860,000	138,736,000	146,848,000
net realized securities gains																																19,707,000	1,111,000	460,000	60,000	7,414,000	236,000	9,093,000	5,394,000	238,970,000	4,987,000
income from discontinued operations, net of income tax provision of 0, 231, 0 and 231
gain on disposal of discontinued operations, net of income tax provision of 0, 700, 0 and 700
amounts attributable to leucadia national corporation common shareholders:
income from discontinued operations, net of income tax																																					429,000
gain on disposal of discontinued operations, net of income tax provision of 700, 4,407, 700 and 4,407																																					1,300,000
gain from discontinued operations
gain on disposal of discontinued operations
income from continuing operations, net of taxes																																					-174,902,000	16,406,000												183,139,000	12,150,000					346,394,000
gain from discontinued operations, net of taxes																																					429,000
gain on disposal of discontinued operations, net of taxes																																					1,300,000													845,000	79,000
gain on disposal of discontinued operations, net of income tax provision of 0, 0, 0 and 0
income from discontinued operations																																																		10				9,508,000		100
income from discontinued operations, net of taxes																																																		2,325,000						23,805,000
income from continuing operations before income
taxes and income related to associated companies																																							119,745,000													-14,671,250	-58,685,000
benefit of 1,264 and																																							2,346,000
loss on disposal of discontinued operations, net of income tax
benefit of 0 and
net (income) loss attributable to the noncontrolling interest																																							-2,537,000	-63,250	-253,000		622,000	1,088,000	972,000	297,000		-55,000	330,000			-553,750	-2,215,000		-26,000		39,000
net income attributable to leucadia national
corporation common shareholders																																							94,316,000	366,269,000	2,971,000	52,612,000		26,668,500	106,674,000	-197,251,000		-72,755,500	-291,022,000	186,309,000	10,507,000	1,651,557,000	287,755,000	-235,144,000	191,479,000	370,199,000
and income related to associated companies																																								629,250	2,517,000	45,448,000														-32,062,000
benefit of 0, 357,
gain on disposal of discontinued operations, net of income tax
benefit of 2,240,																																								1,040,000	4,160,000
net income attributable to the redeemable
noncontrolling interests																																								-2,533,000	-10,132,000	-5,638,000
realized security gains																																										9,500,000	229,891,000
benefit of																																										-92,000
benefit of 207, 0, 32 and 0																																										385,000
net income attributable to the noncontrolling interest																																										729,000									-279,000			1,134,000		619,000
revenues and other income:
income from continuing operations before income taxes and
income taxes																																											67,602,000	15,302,000	61,208,000	33,945,000	133,517,000	3,508,750	14,035,000	190,108,000	39,053,000	885,000	3,540,000	4,665,000	2,702,000	1,680,000	29,127,000
income from continuing operations before income related to
associated companies																																											67,648,000					4,707,500	18,830,000	519,192,000
income related to associated companies, net of income tax
benefit of (19,595) and 139,369																																											233,122,000
(benefit) of (175) and 0																																											-325,000
manufacturing																																												186,114,000	66,638,000	63,498,000	61,710,000	181,520,000	63,398,000	64,610,000	63,765,000	15,310,000	61,240,000	77,115,000	64,880,000	61,274,000	57,043,000
gaming entertainment																																												89,075,000	30,255,000	29,640,000	32,069,000	88,606,000	28,611,000	30,513,000	30,776,000	7,767,250	31,069,000	28,074,000	27,066,000	26,953,000	26,063,000
investment and other income																																												724,583,000	27,192,000	101,273,000	77,696,000	332,585,000	100,790,000	96,944,000	156,318,000	15,443,250	61,773,000	83,157,000	51,431,000	45,843,000	55,246,000
net securities gains																																												436,374,000	154,207,000	2,526,000	424,936,000	634,201,000	7,275,000	529,637,000	2,303,000	-16,000	-64,000	71,413,000	99,067,000	9,583,000	-3,551,000
cost of sales:
direct operating expenses for gaming entertainment																																												66,047,000	22,080,000
salaries and incentive compensation																																												132,445,000	30,280,000	18,162,000	46,490,000	73,205,000	9,966,000	33,059,000	16,236,000	5,420,250	21,681,000	12,188,000	24,400,000	30,202,000	27,006,000
and income (losses) related to associated companies																																												824,384,000	142,136,000	71,592,000
related to associated companies																																												509,098,000	80,928,000	37,647,000	224,928,000
income (losses) related to associated companies, net of income
tax benefit of 17,682, (161,516), 33,155
and																																												9,004,250	36,017,000	-226,320,000
benefit of 357, 254,																																												503,750	2,015,000
benefit of (2,491), 416, (2,491) and 915																																												-1,156,500	-4,626,000
net (income) attributable to the redeemable noncontrolling interests																																												-3,603,000	-8,632,000	-9,780,000
oil and gas drilling services																																														31,092,000	37,322,000	97,798,000	35,984,000	31,737,000	30,872,000	7,961,750	31,847,000	29,254,000	20,785,000
direct operating expenses:
tax benefit of (123,896), (80,144), 15,473
benefit of 485,																																														905,000
provision of 0, 499, 0 and 499
income (losses) related to associated companies																																															358,445,000	1,198,750	4,795,000		40,477,000			76,136,000
income (losses) related to associated companies, net of income tax
benefit of 139,369 and																																															262,539,000
income from discontinued operations, net of income tax provision
provision of 0 and 0
net (income) attributable to the noncontrolling interest																																															-202,000
net income attributable to the redeemable noncontrolling interest																																															3,844,000
net income attributable to leucadia national corporation
common shareholders																																															490,877,000
manufacturing cost of sales																																																160,064,000	55,899,000	57,952,000	54,253,000	13,295,750	53,183,000
income from continuing operations before
income taxes and income (losses) related to
income (losses) related to associated companies, net of
income tax benefit of 161,516, 3,382,
257,784 and 8,079																																																-74,203,000	-296,812,000
income from discontinued operations, net of income
tax benefit of (58), 29, (1,192) and 0																																																-27,000	-108,000
gain on disposal of discontinued operations, net of
income tax provision of 416, 0, 915 and 0																																																193,250	773,000
income taxes and losses related to
losses related to associated companies																																																		329,084,000
losses related to associated companies, net of
income tax benefit of 80,144, 10,609,
96,268 and 4,697																																																		-145,796,000
tax benefit of 271, 0, 1,134 and 0																																																		2,325,000
income tax provision of 499, 0, 499 and 0																																																		845,000
net loss attributable to the noncontrolling interest																																																		-149,000
basic earnings per common share attributable
to leucadia national corporation common shareholders:
diluted earnings per common share attributable
amounts attributable to leucadia national corporation
common shareholders:
taxes and income (losses) related to associated companies																																																			79,530,000
income tax provision of (16,124) and 5,912																																																			-28,048,000
loss from discontinued operations, net of income tax
provision of (863) and 0																																																			-1,722,000
income tax provision of 0 and 0																																																			79,000
loss from discontinued operations																																																			-10
loss from discontinued operations, net of taxes																																																			-1,722,000
income related to associated companies, net of
income tax benefit of (3,382), 12,941,
(8,079) and 25,678																																																				81,178,000	324,712,000
provision of 29, 339, 0 and 693																																																				-3,099,750	-12,399,000
gain on disposal of discontinued operations, net of income
tax provision of 0, 0, 0 and 0																																																				9,970,500	39,882,000
telecommunications																																																						92,860,000	89,125,000	98,533,000	114,226,000
property management and service fees																																																						30,604,000	22,088,000	38,615,000	35,296,000
property management and services																																																						21,647,000	19,224,000	25,736,000	26,256,000
taxes and income (losses) related to associated
companies																																																						80,801,000
income tax benefit of (10,609), 47,997,
(4,697) and 12,737																																																						-321,922,000
income before income taxes and income (losses) related
to associated companies																																																							43,013,000
income before income (losses) related to associated companies																																																							40,311,000		-159,656,000
benefit of 5,912 and																																																							151,194,000
earnings per common share attributable to
leucadia national corporation common shareholders:
income related to associated companies, net of taxes																																																								379,517,000
amounts attributable to leucadia national corporation common
shareholders:
income before income taxes and income (losses) related to associated companies																																																									-130,529,000
income (losses) related to associated companies, net of taxes																																																									570,640,000
basic net earnings per common share attributable to leucadia national corporation common shareholders																																																									1,700
diluted net earnings per common share attributable to leucadia national corporation common shareholders																																																									1,670

Balance Sheets:

Quarterly

Annual

Unit: USD	2026-05-31	2026-02-28	2025-11-30	2025-08-31	2025-05-31	2025-02-28	2024-11-30	2024-08-31	2024-05-31	2024-02-29	2023-11-30	2023-08-31	2023-05-31	2023-02-28	2022-11-30	2022-08-31	2022-05-31	2022-02-28	2021-11-30	2021-08-31	2021-05-31	2021-02-28	2020-11-30	2020-08-31	2020-05-31	2020-02-29	2019-08-31	2019-05-31	2019-02-28	2018-09-30	2018-06-30	2018-03-31	2017-09-30	2017-06-30	2017-03-31	2016-09-30	2016-06-30	2012-12-31	2012-09-30	2012-06-30	2012-03-31	2011-12-31	2011-09-30	2011-06-30	2011-03-31	2010-12-31	2010-09-30	2010-06-30	2010-03-31	2009-09-30	2009-06-30

assets
cash and cash equivalents	14,314,804,000							10,573,471,000	10,841,622,000	7,615,691,000	8,526,363,000	8,817,357,000	8,004,880,000	7,508,508,000	9,703,109,000	9,477,540,000	8,523,117,000	8,500,782,000	8,810,427,000	9,480,914,000	8,443,206,000	8,648,961,000	7,102,004,101,092,127,000,000,000,000	8,426,832,000	6,883,881,000	6,710,659,000	6,011,350,000	5,393,737,000	5,517,121,000	4,895,788,000	4,741,057,000	5,144,625,000	5,016,932,000	4,661,937,000	4,261,427,000	3,278,975,000	283,882,916,916,445,060,000,000,000,000	145,960,000	772,144,000	186,665,000	205,291,000	168,490,000	306,270,000	539,092,000	313,932,000	441,340,000	323,284,000	248,237,000	218,983,000	232,652,000	156,164,000
cash and securities segregated and on deposit for regulatory purposes or deposited with clearing and depository organizations	1,135,859,000							1,360,324,000	1,097,400,000	1,195,346,000	1,414,593,000	872,434,000	1,068,011,000	1,014,931,000	957,302,000	984,252,000	962,590,000	838,092,000	1,015,107,000	514,519,000	901,381,000	615,115,000	604,321,000	986,117,000	668,925,000	742,134,000	658,335,000	543,429,000	763,213,000	913,456,000	709,646,000	802,693,000	903,744,000	919,011,000	705,313,000	1,026,865,000	836,871,000
financial instruments owned, at fair value	28,038,115,000							24,038,659,000	22,786,676,000	23,211,546,000	21,747,473,000	22,805,191,000	21,001,864,000	21,083,010,000	18,666,296,000	20,249,284,000	20,247,955,000	21,632,936,000	17,059,950,000	19,735,103,000	19,937,830,000	19,097,153,000	152,496,862,534,860,340,000,000	17,986,721,000	18,542,477,000	18,396,981,000
investments in and loans to related parties	1,555,117,000							1,349,629,000	1,307,387,000	1,267,570,000	1,239,345,000	1,380,503,000	1,412,537,000	1,369,113,000	1,426,817,000
securities borrowed	9,729,918,000							7,056,550,000	7,141,857,000	6,789,055,000	7,192,091,000	6,680,672,000	7,157,146,000	7,620,107,000	5,831,148,000	6,607,954,000	6,312,320,000	7,110,757,000	6,409,420,000	6,212,491,000	6,720,683,000	7,150,657,000	6,934,762,000	7,268,413,000	6,457,035,000	6,708,788,000	7,895,149,000	7,713,886,000	7,231,073,000	7,369,908,000	7,599,043,000	7,300,171,000	7,758,532,000	7,900,395,000	6,886,436,000	8,460,736,000	7,577,394,000
securities purchased under agreements to resell	9,407,203,000							6,993,024,000	6,744,567,000	7,546,785,000	5,950,549,000	5,331,792,000	5,440,912,000	3,379,650,000	4,546,691,000	4,107,389,000	4,744,979,000	6,557,213,000	7,618,652,000	8,011,550,000	6,917,225,000	6,680,284,000	5,096,769,000	5,327,391,000	4,284,062,000	4,907,031,000	4,499,995,000	4,027,332,000	3,496,570,000	3,659,059,000	3,822,232,000	2,983,945,000	3,371,435,000	4,345,461,000	4,468,494,000	4,038,194,000	3,238,189,000
securities received as collateral, at fair value	310,813,000							272,619,000	106,229,000	110,897,000	8,800,000	18,757,000	9,486,000	67,380,000	100,362,000	149,586,000	1,322,000	973,000	7,289,000	9,853,000			7,517,000	4,413,000	9,909,000
receivables:
brokers, dealers and clearing organizations	3,269,022,000							2,583,719,000	3,101,851,000	3,008,327,000	2,380,732,000	1,848,014,000	1,667,463,000	1,783,612,000	1,792,937,000
customers	4,187,519,000							2,060,450,000	2,298,491,000	1,860,124,000	1,705,425,000	1,547,417,000	1,184,204,000	1,453,409,000	1,225,137,000
fees, interest and other	848,830,000							661,038,000	714,025,000	612,296,000	630,142,000	521,195,000	520,384,000	510,872,000	568,921,000
premises and equipment	1,190,750,000	1,198,511,000	1,246,470,000	1,255,000,000	1,235,343,000	1,217,202,000	1,194,720,000	1,229,028,000	1,206,489,000	1,103,490,000	1,065,680,000	929,903,000	907,234,000	904,064,000	906,864,000
goodwill	1,725,481,000							1,832,958,000	1,822,809,000	1,824,037,000	1,847,856,000	1,739,468,000	1,738,190,000	1,735,865,000	1,736,114,000
assets held for sale	295,156,000								617,971,000	1,571,981,000	1,545,472,000																				249,825,000
other assets	3,531,359,000							3,263,629,000	3,213,156,000	3,215,855,000	2,650,640,000	3,551,856,000	3,627,699,000	3,602,422,000	3,595,985,000	2,414,580,000	2,525,295,000	2,512,638,000	731,887,000	2,440,663,000	2,383,096,000	2,306,520,000	80,584,886,171,235,600,000,000,000	2,375,171,000	2,509,748,000	2,654,158,000	2,398,251,000	1,985,328,000	2,001,708,000	1,506,986,000	1,527,227,000	1,806,203,000	1,727,012,000	1,807,490,000	1,836,389,000	1,699,448,000	93,645,329,512,212,430,000,000,000,000,000	287,305,000	248,083,000	395,341,000	404,144,000	420,157,000	428,254,000	434,110,000	463,012,000	452,321,000	534,560,000	515,797,000	516,822,000	528,704,000	534,373,000
total assets	79,539,946,000							63,275,098,000	63,000,530,000	60,933,000,000	57,905,161,000	56,044,559,000	53,740,010,000	52,032,943,000	51,057,683,000	55,229,811,000	57,213,810,000	60,036,451,000	51,974,318,000	58,037,399,000	57,978,969,000	56,868,919,000	44,835,126,323,105,930,000,000,000,000,000	51,773,988,000	50,283,215,000	51,778,123,000	49,263,208,000	48,523,940,000	48,959,345,000	48,948,669,000	49,401,798,000	49,001,494,000	47,666,944,000	48,376,102,000	45,979,997,000	46,106,015,000	371,747,351,526,117,250,000,000,000,000,000,000,000
liabilities and equity
short-term borrowings	1,603,482,000							1,725,864,000	1,625,310,000	1,254,310,000	989,715,000	924,892,000	846,900,000	477,764,000	528,392,000	564,239,000	354,181,000	467,853,000		307,297,000	475,834,000	882,941,000		805,381,000	656,855,000	623,156,000	518,914,000	510,435,000	530,484,000	382,006,000	506,218,000	468,046,000	417,122,000	439,140,000	422,924,000	432,235,000
financial instruments sold, not yet purchased, at fair value	14,547,022,000							12,307,086,000	11,926,366,000	12,043,950,000	11,251,154,000	11,829,876,000	11,735,054,000	11,038,096,000	11,056,477,000	11,548,070,000	13,665,037,000	14,713,872,000		12,748,802,000	11,971,970,000	12,370,254,000		10,994,556,000	9,646,023,000	9,879,387,000
securities loaned	3,104,614,000							2,550,101,000	2,244,127,000	2,709,170,000	1,840,518,000	1,416,483,000	1,221,523,000	1,551,147,000	1,366,025,000	1,315,409,000	1,876,434,000	1,808,896,000		1,764,488,000	2,277,423,000	2,519,077,000		1,929,737,000	1,941,468,000	1,891,912,000	2,182,865,000	2,327,805,000	2,234,700,000	2,531,504,000	2,555,701,000	2,372,473,000	2,763,253,000	3,446,853,000	2,522,846,000	2,930,376,000
securities sold under agreements to repurchase	11,318,047,000							9,603,530,000	11,037,113,000	11,596,778,000	10,920,606,000	10,472,246,000	9,511,505,000	8,933,931,000	7,452,342,000	7,564,342,000	8,163,890,000	8,933,643,000		7,571,813,000	7,079,322,000	7,207,636,000		7,258,972,000	8,631,143,000	8,406,022,000	8,236,981,000	8,861,457,000	9,307,283,000	9,864,483,000	8,773,506,000	8,250,339,000	8,473,419,000	8,621,427,000	7,315,459,000	8,130,434,000		391,705,000	394,289,000	371,320,000	403,461,000	417,479,000	500,047,000	659,539,000	545,621,000	401,121,000	410,338,000
other secured financings	2,310,736,000							1,739,323,000	1,545,936,000	1,429,753,000	1,430,199,000	2,320,619,000	1,785,441,000	2,031,670,000	2,037,843,000	2,154,491,000	2,666,022,000	3,553,232,000		4,341,348,000	4,131,597,000	4,508,425,000		3,376,257,000	2,746,593,000	2,920,709,000	2,508,589,000	1,799,569,000	1,527,393,000	1,440,678,000	1,464,571,000	1,254,893,000	892,692,000	763,043,000	837,204,000	907,257,000
obligation to return securities received as collateral, at fair value	310,813,000							272,619,000	106,229,000	110,897,000	8,800,000	18,757,000	9,486,000	67,380,000	100,362,000	149,586,000	1,322,000	973,000		9,853,000				4,413,000	9,909,000
payables:
lease liabilities	550,928,000							642,527,000	634,786,000	533,761,000	544,650,000	534,636,000	519,728,000	523,039,000	533,708,000	542,028,000	516,444,000	543,090,000		562,122,000	570,341,000	580,129,000		598,363,000	597,557,000	607,535,000
liabilities held for sale	299,760,000								256,808,000	1,146,802,000	1,173,648,000
accrued expenses and other liabilities	3,337,495,000							3,076,747,000	2,826,275,000	2,172,485,000	2,546,211,000	2,127,085,000	2,005,387,000	1,763,243,000	2,573,927,000
long-term debt	18,040,982,000							12,922,012,000	12,666,600,000	9,917,278,000	9,698,752,000	9,462,491,000	8,785,540,000	8,625,552,000	8,774,086,000	8,635,466,000	8,882,095,000	8,896,032,000	6,955,658,000	8,670,728,000	8,823,245,000	8,243,150,000	6,218,797,676,883,464,000,000,000,000	8,419,837,000	8,020,436,000	8,451,504,000	7,968,785,000	7,860,984,000	7,685,908,000	7,777,425,000	7,714,970,000	8,499,724,000	8,092,642,000	8,084,886,000	8,198,419,000	7,232,261,000	540,662,438,183,731,700,000,000,000,000,000	918,126,000	911,832,000	1,370,845,000	1,425,187,000	1,875,571,000	1,471,294,000	1,471,239,000	1,506,237,000	1,548,469,000	1,608,376,000	1,625,086,000	1,657,428,000	1,665,429,000	1,674,945,000
total liabilities	68,932,155,000							53,159,331,000	53,047,938,000	51,065,125,000	48,102,620,000	46,279,021,000	43,974,354,000	42,219,712,000	40,630,743,000	44,731,057,000	46,701,830,000	49,348,505,000	45,538,162,000	47,473,437,000	47,724,094,000	46,934,582,000	38,971,537,243,525,610,000,000,000,000,000	42,180,264,000	40,774,840,000	42,242,459,000	39,063,363,000	38,502,641,000	38,858,023,000	38,155,533,000	38,695,105,000	38,173,551,000	36,511,795,000	37,262,994,000	34,920,677,000	35,397,459,000	317,812,845,954,617,160,000,000,000,000,000,000	2,339,834,000	2,310,939,000	2,261,593,000	2,323,732,000	2,849,019,000	2,186,651,000	2,386,702,000	2,316,274,000	2,386,917,000	2,517,836,000	2,445,827,000	2,408,538,000	2,354,612,000	2,349,477,000
mezzanine equity
redeemable noncontrolling interests	406,000							406,000	406,000	406,000	406,000	406,000	406,000	1,802,000	6,461,000	13,378,000	18,841,000	14,027,000		38,249,000	34,511,000	30,979,000		24,273,000	22,262,000	24,759,000	27,064,000	18,938,000	20,189,000	21,385,000	14,252,000	414,815,000	388,572,000	307,943,000	342,574,000	346,079,000
equity
series b preferred shares, par value of 1 per share, authorized 70,000 shares; 55,125 shares issued and outstanding	55,000	55,000	55,000
voting common shares, par value 1 per share, authorized 552,264,500 and 565,000,000 shares; 194,145,489 and 206,296,167 shares issued and outstanding, after deducting 126,972,581 and 114,821,903 shares held in treasury	194,145,000
non-voting common shares, par value 1 per share, authorized 47,735,500 and 35,000,000, shares; 9,247,081 and 0 shares issued and outstanding	9,247,000
additional paid-in capital	1,915,162,000							2,086,227,000	2,051,149,000	2,026,584,000	2,044,859,000	2,034,106,000	1,965,530,000	2,012,206,000	1,967,781,000	2,063,460,000	2,156,366,000	2,390,787,000		2,812,811,000	2,849,487,000	2,804,243,000		3,083,137,000	3,191,893,000	3,329,633,000	3,731,712,000	3,559,156,000	3,681,085,000	4,329,661,000	4,366,631,000	4,711,218,000	4,731,811,000	4,843,966,000	4,819,281,000	4,807,989,000		1,577,528,000	1,581,646,000	1,565,645,000	1,573,932,000	1,570,684,000	1,566,263,000	1,561,970,000	1,542,860,000	1,542,964,000	1,533,047,000	1,532,356,000	1,531,327,000	1,520,901,000	1,531,310,000
accumulated other comprehensive loss	-356,043,000							-369,965,000	-410,734,000	-396,438,000	-395,545,000	-398,250,000	-370,052,000	-421,105,000	-379,419,000
retained earnings	8,804,430,000							8,124,134,000	8,022,546,000	7,937,908,000	7,849,844,000	7,852,522,000	7,868,766,000	7,930,615,000	8,418,354,000	8,350,634,000	8,228,467,000	8,189,652,000		7,681,488,000	7,340,113,000	7,041,460,000		6,264,689,000	6,002,078,000	6,000,613,000	6,255,314,000	6,246,852,000	5,614,935,000	5,672,363,000	5,523,277,000	4,833,329,000	5,000,423,000	4,938,254,000	4,903,424,000	4,531,329,000		4,240,028,000	3,847,008,000	3,740,334,000	3,937,585,000	3,446,708,000	3,388,417,000	3,679,439,000	3,493,130,000	3,482,623,000	1,848,353,000	1,560,598,000	1,795,742,000	1,695,198,000	1,324,999,000
total jefferies financial group inc. shareholders' equity	10,566,996,000															10,292,531,000	10,300,177,000	10,490,300,000	6,435,419,000	10,381,883,000	10,072,634,000	9,745,862,000	58,628,777,791,261,940,000,000,000,000	9,410,665,000	9,326,554,000
noncontrolling interests	40,389,000							69,415,000	77,130,000	87,372,000	92,308,000	66,284,000	69,595,000	56,185,000	62,633,000	67,845,000	67,962,000	58,619,000	737,000	18,830,000	22,730,000	32,496,000	7,121,667,717,243,000	33,786,000	34,559,000	36,950,000	27,339,000	23,490,000	23,181,000	25,566,000	29,249,000	29,048,000	189,667,000	188,858,000	193,588,000	177,807,000	5,201,000
total equity	10,607,385,000							10,115,361,000	9,952,186,000	9,867,469,000	9,802,135,000	9,765,132,000	9,765,250,000	9,811,429,000	10,295,479,000	10,360,376,000	10,368,139,000	10,548,919,000		10,400,713,000	10,095,364,000	9,778,358,000		9,444,451,000	9,361,113,000	9,385,905,000	10,047,781,000	9,877,361,000	9,956,133,000	10,646,751,000	10,567,441,000	10,288,128,000	10,641,577,000	10,680,165,000	10,591,746,000	10,237,477,000		6,767,635,000	6,193,108,000	6,095,139,000	6,430,196,000	6,178,261,000	6,028,403,000	6,805,479,000	6,908,111,000	6,963,381,000	4,789,499,000	3,984,874,000	4,579,524,000	4,266,813,000	3,704,132,000
total liabilities and equity	79,539,946,000							63,275,098,000	63,000,530,000	60,933,000,000	57,905,161,000	56,044,559,000	53,740,010,000	52,032,943,000	51,057,683,000
cash and cash equivalents ...............................................................................................................................................................		11,963,165,000	14,043,889,000	11,458,472,000	11,260,403,000
cash and securities segregated and on deposit for regulatory purposes or deposited with clearing and depository organizations .................................................................................................................................................................................		1,752,549,000
financial instruments owned, at fair value (includes securities pledged of 18,129,409 and 17,419,373) .......................		28,079,458,000
investments in and loans to related parties ...................................................................................................................................		1,560,602,000	1,496,125,000	1,458,250,000	1,436,583,000
securities borrowed ...........................................................................................................................................................................		7,675,862,000	8,295,161,000	8,175,141,000	7,844,835,000
securities purchased under agreements to resell ........................................................................................................................		7,784,070,000	8,449,107,000	7,917,487,000	7,485,007,000	8,125,231,000	6,179,653,000
securities received as collateral, at fair value ................................................................................................................................		393,867,000	200,495,000	54,155,000	50,968,000
brokers, dealers and clearing organizations ...............................................................................................................................		3,762,461,000	4,310,143,000	2,878,285,000	2,766,535,000
customers ........................................................................................................................................................................................		3,984,448,000	3,439,921,000	3,028,443,000	2,652,808,000
fees, interest and other ..................................................................................................................................................................		761,369,000	806,324,000	720,912,000	805,846,000
goodwill ...............................................................................................................................................................................................		1,725,876,000	1,837,570,000	1,840,432,000	1,842,114,000
assets held for sale ...........................................................................................................................................................................		269,707,000			39,128,000	51,885,000
other assets (includes assets pledged of 646,883 and 627,259) ..........................................................................................		3,468,545,000
total assets ........................................................................................................................................................................................		74,380,490,000	76,012,347,000	69,319,709,000	67,285,344,000	70,218,891,000	64,360,309,000
short-term borrowings ......................................................................................................................................................................		1,917,492,000	1,767,206,000	1,231,328,000	1,315,103,000	1,172,806,000	443,160,000
financial instruments sold, not yet purchased, at fair value .......................................................................................................		14,459,138,000	13,320,152,000	12,356,852,000	11,775,135,000	13,997,227,000	11,007,328,000
securities loaned ................................................................................................................................................................................		2,690,387,000	2,540,759,000	2,498,013,000	2,041,795,000
securities sold under agreements to repurchase .........................................................................................................................		10,380,281,000	12,156,737,000	12,090,567,000	12,157,620,000	13,664,290,000	12,337,935,000
other secured financings (includes 424,023 and 425,964 at fair value) ...............................................................................		2,285,995,000
obligation to return securities received as collateral, at fair value .............................................................................................		393,867,000	200,495,000	54,155,000	50,968,000
lease liabilities ...................................................................................................................................................................................		573,096,000	594,097,000	603,445,000	616,494,000
liabilities held for sale ......................................................................................................................................................................		257,888,000
accrued expenses and other liabilities ...........................................................................................................................................		2,533,907,000	3,836,709,000	3,158,589,000	2,775,449,000	2,301,325,000	3,510,831,000
long-term debt (includes 3,686,758 and 3,734,843 at fair value) ..........................................................................................		17,229,419,000
total liabilities ....................................................................................................................................................................................		63,718,356,000	65,369,738,000	58,818,393,000	56,902,764,000
redeemable noncontrolling interests .............................................................................................................................................		406,000	406,000	406,000	406,000	406,000	406,000
common shares, par value 1 per share, authorized 565,000,000 shares; 204,422,673 and 206,296,167 shares issued and outstanding, after deducting 116,695,397 and 114,821,903 shares held in treasury ..................................................		204,423,000
non-voting common shares, par value 1 per share, authorized 35,000,000, shares; no shares issued and outstanding ....................................................................................................................................................................................
additional paid-in capital ..................................................................................................................................................................		2,075,065,000	2,177,954,000	2,145,409,000	2,129,358,000	2,094,138,000	2,104,199,000
accumulated other comprehensive loss ........................................................................................................................................		-315,023,000	-384,434,000	-374,927,000	-339,695,000
retained earnings ..............................................................................................................................................................................		8,646,325,000	8,574,825,000	8,461,907,000	8,309,035,000	8,311,857,000	8,270,145,000
total jefferies financial group inc. shareholders' equity ..........................................................................................................		10,610,845,000	10,574,696,000	10,438,724,000	10,305,025,000
noncontrolling interests ...................................................................................................................................................................		50,883,000	67,507,000	62,186,000	77,149,000	64,211,000	68,215,000
total equity .........................................................................................................................................................................................		10,661,728,000	10,642,203,000	10,500,910,000	10,382,174,000
total liabilities and equity ................................................................................................................................................................		74,380,490,000	76,012,347,000	69,319,709,000	67,285,344,000
cash and securities segregated and on deposit for regulatory purposes or deposited with clearing and depository organizations (includes 120,414 of securities at fair value at november 30, 2024) .........................................................			917,697,000	1,111,620,000	1,051,304,000
financial instruments owned, at fair value (includes securities pledged of 17,419,373 and 18,441,751) .......................			27,722,739,000
other assets (includes assets pledged of 627,259 and 429,347) ..........................................................................................			3,246,706,000
other secured financings (includes 425,964 and 24,848 at fair value) .................................................................................			2,885,878,000
long-term debt (includes 3,734,843 and 2,351,346 at fair value) ..........................................................................................			15,895,891,000
common shares, par value 1 per share, authorized 565,000,000 shares; 206,296,167 and 205,504,272 shares issued and outstanding, after deducting 114,821,903 and 115,613,798 shares held in treasury ..................................................			206,296,000
financial instruments owned, at fair value (includes securities pledged of 18,135,984 and 18,441,751) .......................				26,117,064,000
other assets (includes assets pledged of 545,419 and 429,347) ..........................................................................................				3,304,448,000
other secured financings (includes 611,903 and 24,848 at fair value) .................................................................................				2,683,269,000
long-term debt (includes 3,564,534 and 2,351,346 at fair value) ..........................................................................................				16,013,634,000
preferred shares, par value of 1 per share, authorized 70,000 shares; 55,125 shares issued and outstanding; liquidation preference of 17,500 per share .............................................................................................................................				55,000	55,000	55,000
common shares, par value 1 per share, authorized 565,000,000 shares; 206,280,296 and 205,504,272 shares issued and outstanding, after deducting 114,837,774 and 115,613,798 shares held in treasury ..................................................				206,280,000
financial instruments owned, at fair value (includes securities pledged of 18,404,776 and 18,441,751) .......................					25,570,194,000
other assets (includes assets pledged of 532,703 and 429,347) ..........................................................................................					3,244,276,000
other secured financings (includes 429,289 and 24,848 at fair value) .................................................................................					2,741,561,000
long-term debt (includes 3,304,517 and 2,351,346 at fair value) ..........................................................................................					15,351,967,000
common shares, par value 1 per share, authorized 565,000,000 shares; 206,271,769 and 205,504,272 shares issued and outstanding, after deducting 114,846,301 and 115,613,798 shares held in treasury ..................................................					206,272,000
cash and cash equivalents ..............................................................................................................................................................						11,176,343,000	12,153,414,000
cash and securities segregated and on deposit for regulatory purposes or deposited with clearing and depository organizations (includes 381,467 and 120,414 of securities at fair value) .......................................................................						1,665,894,000
financial instruments owned, at fair value (includes securities pledged of 19,399,604 and 18,441,751) ......................						26,087,291,000
investments in and loans to related parties ..................................................................................................................................						1,383,293,000	1,385,658,000
securities borrowed ..........................................................................................................................................................................						8,402,198,000	7,213,421,000
securities received as collateral, at fair value ...............................................................................................................................						287,078,000	185,588,000
brokers, dealers and clearing organizations ..............................................................................................................................						3,534,080,000	2,666,591,000
customers .......................................................................................................................................................................................						2,462,027,000	2,494,717,000
fees, interest and other .................................................................................................................................................................						707,151,000	663,536,000
goodwill ..............................................................................................................................................................................................						1,824,647,000	1,827,938,000
other assets (includes assets pledged of 472,953 and 429,347) .........................................................................................						3,294,571,000
securities loaned ...............................................................................................................................................................................						2,501,643,000	2,540,861,000
other secured financings (includes 22,231 and 24,848 at fair value) ...................................................................................						2,280,003,000
obligation to return securities received as collateral, at fair value ............................................................................................						287,078,000	185,588,000
lease liabilities ..................................................................................................................................................................................						616,031,000	635,306,000
long-term debt (includes 3,075,403 and 2,351,346 at fair value) ..........................................................................................						14,785,553,000
total liabilities ...................................................................................................................................................................................						59,950,046,000	54,134,916,000
common shares, par value 1 per share, authorized 565,000,000 shares; 206,249,504 and 205,504,272 shares issued and outstanding, after deducting 114,868,566 and 115,613,798 shares held in treasury .....................................						206,250,000
accumulated other comprehensive loss .......................................................................................................................................						-408,072,000	-423,131,000
total jefferies financial group inc. shareholders' equity .........................................................................................................						10,204,228,000	10,156,772,000
total equity ........................................................................................................................................................................................						10,268,439,000	10,224,987,000
total liabilities and equity ...............................................................................................................................................................						70,218,891,000	64,360,309,000
cash and securities segregated and on deposit for regulatory purposes or deposited with clearing and depository organizations (includes 120,414 and 110,198 of securities at fair value) .......................................................................							1,132,612,000
financial instruments owned, at fair value (includes securities pledged of 18,441,751 and 17,158,747) ......................							24,138,274,000
assets held for sale (includes pledged assets of 181,900 at fair value at november 30, 2023) ........................................							51,885,000
other assets (includes assets pledged of 429,347 and 244,604) .........................................................................................							3,072,302,000
other secured financings (includes 24,848 and 3,898 at fair value) .....................................................................................							2,183,000,000
long-term debt (includes 2,351,346 and 1,708,443 at fair value) ..........................................................................................							13,530,565,000
preferred shares, par value of 1 per share, authorized 70,000 shares; 55,125 and 42,000 shares issued and outstanding; liquidation preference of 17,500 per share ......................................................................................................							55,000
common shares, par value 1 per share, authorized 565,000,000 shares; 205,504,272 and 210,626,642 shares issued and outstanding, after deducting 115,613,798 and 110,491,428 shares held in treasury .....................................							205,504,000
preferred shares, par value of 1 per share, authorized 70,000 shares; 55,125 and 42,000 shares issued and outstanding; liquidation preference of 17,500 per share								55,000
common shares, par value 1 per share, authorized 565,000,000 shares; 205,495,338 and 210,626,642 shares issued and outstanding, after deducting 115,622,732 and 110,491,428 shares held in treasury								205,495,000
non-voting common shares, par value 1 per share, authorized 35,000,000 shares; no shares issued and outstanding
total jefferies financial group inc. shareholders’ equity								10,045,946,000	9,875,056,000	9,780,097,000	9,709,827,000	9,698,848,000														9,348,955,000	10,020,442,000	9,853,871,000	9,932,952,000	10,621,185,000	10,538,192,000
preferred shares, par value of 1 per share, authorized 70,000 shares; 42,000 shares issued and outstanding; liquidation preference of 17,500 per share									42,000	42,000	42,000	42,000
common shares, par value 1 per share, authorized 565,000,000 shares; 212,053,183 and 210,626,642 shares issued and outstanding, after deducting 109,064,887 and 110,491,428 shares held in treasury									212,053,000
common shares, par value 1 per share, authorized 565,000,000 and 565,000,000 shares; 212,000,515 and 210,626,642 shares issued and outstanding, after deducting 109,122,708 and 110,491,428 shares held in treasury										212,001,000
mandatorily redeemable convertible preferred shares															125,000,000	125,000,000	125,000,000	125,000,000		125,000,000	125,000,000	125,000,000		125,000,000	125,000,000	125,000,000	125,000,000	125,000,000	125,000,000	125,000,000	125,000,000	125,000,000	125,000,000	125,000,000	125,000,000	125,000,000
common shares, par value 1 per share, authorized 565,000,000 and 600,000,000 shares; 210,626,642 and 226,129,626 shares issued and outstanding, after deducting 110,491,428 and 90,334,082 shares held in treasury											210,627,000
common shares, par value 1 per share, authorized 565,000,000 and 600,000,000 shares; 210,427,746 and 226,129,626 shares issued and outstanding, after deducting 110,690,324 and 90,334,082 shares held in treasury												210,428,000
preferred shares, par value of 1 per share, authorized 70,000 shares; no shares issued and outstanding; liquidation preference of 1,225,000
common shares, par value 1 per share, authorized 600,000,000 shares; 231,410,945 and 226,129,626 shares issued and outstanding, after deducting 89,707,125 and 90,334,082 shares held in treasury													231,411,000
total jefferies financial group inc. common shareholders’ equity													9,695,655,000	9,755,244,000	10,232,846,000
common shares, par value 1 per share, authorized 600,000,000 shares; 233,527,703 and 226,129,626 shares issued and outstanding, after deducting 87,590,367 and 90,334,082 shares held in treasury														233,528,000
common shares, par value 1 per share, authorized 600,000,000 shares; 226,129,626 and 243,541,431 shares issued and outstanding, after deducting 90,334,082 and 72,922,277 shares held in treasury															226,130,000
loans to and investments in associated companies																1,753,323,000	1,803,542,000	1,803,397,000	1,150,782,000	1,744,965,000	1,728,115,000	1,689,048,000	995,730,148,005,542,800,000	1,539,356,000	1,559,793,000	1,562,628,000	2,346,297,000	2,415,894,000	2,381,026,000	2,450,901,000	2,522,944,000	2,233,070,000	2,350,980,000	2,239,423,000	2,122,479,000	2,105,088,000	636,697,000
receivables																6,698,626,000	9,316,521,000	8,275,377,000	6,602,549,000	7,067,641,000	8,131,943,000	7,870,542,000	547,010,437,803,776,200,000,000	5,029,136,000	6,539,495,000	7,234,029,000	5,826,350,000	6,911,314,000	7,228,766,000	5,864,815,000	5,876,389,000	6,710,631,000	5,507,847,000	5,874,580,000	5,553,667,000	4,169,139,000	33,556,482,205,317,056,000,000,000,000,000
property, equipment and leasehold improvements																912,842,000	891,126,000	909,565,000	860,448,000	914,537,000	903,010,000	896,317,000	84,710,881,213,067,020,000,000	915,896,000	917,686,000	928,643,000				346,896,000	353,553,000	754,668,000	727,685,000	728,409,000	718,439,000	715,198,000	251,891,369,958,108,780,000,000,000,000	857,360,000	856,213,000	1,013,283,000	1,043,313,000	1,053,689,000	595,112,000	604,261,000	570,623,000	587,371,000	601,518,000	687,216,000	701,104,000	512,557,000	518,847,000
intangible assets, net and goodwill																1,874,435,000	1,885,043,000	1,894,721,000	1,707,807,000	1,905,163,000	1,912,480,000	1,914,322,000	172,127,714,331,048,900,000	1,914,542,000	1,910,204,000	1,918,068,000	1,921,793,000	1,882,930,000	1,890,948,000	1,894,898,000	1,901,352,000	2,450,957,000	2,473,292,000	2,488,543,000	2,499,103,000	2,594,329,000	19,268,656,228,491,234,000,000,000	854,026,000	862,376,000	852,435,000	865,864,000	876,589,000	60,037,000	62,665,000	41,098,000	42,636,000	44,272,000	69,632,000	72,379,000	78,561,000	81,042,000
liabilities
payables, expense accruals and other liabilities																12,257,426,000	10,576,405,000	10,430,914,000		11,496,986,000	12,394,362,000	10,622,970,000		8,792,748,000	8,524,856,000	9,447,230,000	7,350,914,000	7,029,001,000	7,293,843,000	6,680,224,000	7,496,897,000	7,336,062,000	7,104,957,000	6,785,079,000	6,859,832,000	7,765,740,000
commitments and contingencies
common shares, par value 1 per share, authorized 600,000,000 shares; 228,807,229 and 243,541,431 shares issued and outstanding, after deducting 87,656,479 and 72,922,277 shares held in treasury																228,807,000
accumulated other comprehensive income																-350,370,000	-316,977,000	-330,308,000		-357,973,000	-363,998,000	-346,544,000		-196,407,000	-134,528,000	-258,400,000	-266,452,000	-242,824,000	338,619,000	287,745,000	314,973,000	357,317,000	363,486,000	350,442,000	315,637,000	360,681,000		705,129,000	518,705,000	541,721,000	671,579,000	912,421,000	824,179,000	1,314,743,000	1,622,305,000	1,687,363,000	1,158,674,000	638,481,000	997,543,000	791,354,000	586,319,000
total																55,229,811,000	57,213,810,000	60,036,451,000		58,037,399,000	57,978,969,000	56,868,919,000		51,773,988,000	50,283,215,000	51,778,123,000	49,263,208,000	48,523,940,000	48,959,345,000	48,948,669,000	49,401,798,000	49,001,494,000	47,666,944,000	48,376,102,000	45,979,997,000	46,106,015,000		9,349,118,000	8,740,184,000	8,603,278,000	8,986,637,000	9,263,189,000	8,215,054,000	9,192,181,000	9,224,385,000	9,350,298,000	7,307,335,000	6,430,701,000	6,988,062,000	6,621,425,000	6,053,609,000
common shares, par value 1 per share, authorized 600,000,000 shares; 232,321,354 and 243,541,431 shares issued and outstanding, after deducting 84,142,354 and 72,922,277 shares held in treasury																	232,321,000
common shares, par value 1 per share, authorized 600,000,000 shares; 240,168,818 and 243,541,431 shares issued and outstanding, after deducting 76,294,890 and 72,922,277 shares held in treasury																		240,169,000
other liabilities																			38,582,504,000				327,527,401,758,373,800,000,000,000,000														2,637,466,021,362,439,600,000,000,000,000,000
common shares, par value 1 per share, authorized 600,000,000 shares; 245,557,193 and 249,750,542 shares issued and outstanding, after deducting 70,906,515 and 66,712,070 shares held in treasury																				245,557,000
common shares, par value 1 per share, authorized 600,000,000 shares; 247,031,705 and 249,750,542 shares issued and outstanding, after deducting 69,432,003 and 66,712,070 shares held in treasury																					247,032,000
common shares, par value 1 per share, authorized 600,000,000 shares; 246,703,277 and 249,750,542 shares issued and outstanding, after deducting 69,759,335 and 66,712,070 shares held in treasury																						246,703,000
common shares, par value 1 per share, authorized 600,000,000 shares; 259,245,885 and 291,644,153 shares issued and outstanding, after deducting 57,216,727 and 24,818,459 shares held in treasury																								259,246,000
common shares, par value 1 per share, authorized 600,000,000 shares; 267,111,111 and 291,644,153 shares issued and outstanding, after deducting 49,351,501 and 24,818,459 shares held in treasury																									267,111,000
securities received as collateral																										15,004,000
obligation to return securities received as collateral																										15,004,000
common shares, par value 1 per share, authorized 600,000,000 shares; 277,109,287 and 291,644,153 shares issued and outstanding, after deducting 39,353,325 and 24,818,459 shares held in treasury																										277,109,000
trading assets, at fair value																											17,195,916,000	17,178,584,000	17,925,044,000	17,709,245,000	18,318,992,000	17,346,648,000	15,505,065,000	15,249,061,000	14,606,439,000	15,597,243,000
available for sale securities																													24,049,000	1,868,420,000	1,242,475,000	690,745,000	520,497,000	336,055,000	462,503,000	350,666,000
total financial instruments owned																											17,195,916,000	17,178,584,000	17,949,093,000	19,577,665,000	19,561,467,000	18,037,393,000	16,025,562,000	15,585,116,000	15,068,942,000	15,947,909,000
deferred tax asset																											509,772,000	471,506,000	499,827,000	468,297,000	537,063,000	777,138,000	1,262,648,000	1,322,443,000	1,360,779,000	1,513,163,000	273,323,000	1,196,543,000	1,492,671,000	1,550,212,000	1,411,758,000	1,440,605,000	1,686,058,000	1,261,069,000	1,193,623,000	1,175,558,000					7,583,000
trading liabilities, at fair value																											10,296,315,000	10,113,390,000	10,278,412,000	9,479,213,000	10,183,242,000	9,992,014,000	8,767,710,000	9,122,566,000	8,763,993,000	7,999,156,000
common shares, par value 1 per share, authorized 600,000,000 shares; 299,867,942 and 307,515,472 shares issued and outstanding, after deducting 17,178,934 and 109,460,774 shares held in treasury																											299,868,000
common shares, par value 1 per share, authorized 600,000,000 shares; 290,686,834 and 307,515,472 shares issued and outstanding, after deducting 26,360,042 and 109,460,774 shares held in treasury																												290,687,000
common shares, par value 1 per share, authorized 600,000,000 shares; 298,312,821 and 307,515,472 shares issued and outstanding, after deducting 18,663,425 and 109,460,774 shares held in treasury																													298,313,000
financial instruments owned, including securities pledged of 12,868,364 and 10,842,051:
common shares, par value 1 per share, authorized 600,000,000 shares; 331,415,732 and 356,227,038 shares issued and outstanding, after deducting 85,560,514 and 60,165,980 shares held in treasury																														331,416,000
financial instruments owned, including securities pledged of 11,079,600 and 10,842,051:
common shares, par value 1 per share, authorized 600,000,000 shares; 333,310,944 and 356,227,038 shares issued and outstanding, after deducting 83,558,159 and 60,165,980 shares held in treasury																															333,311,000
financial instruments owned, including securities pledged of 10,861,294 and 10,842,051:
common shares, par value 1 per share, authorized 600,000,000 shares; 357,215,901 and 356,227,038 shares issued and outstanding, after deducting 59,577,117 and 60,165,980 shares held in treasury																																357,216,000
total leucadia national corporation shareholders’ equity																																10,259,080,000	10,451,910,000	10,491,307,000	10,398,158,000	10,059,670,000		6,767,268,000	6,191,942,000	6,092,283,000	6,427,679,000	6,174,396,000	6,023,442,000	6,800,725,000	6,902,674,000	6,956,758,000	4,783,391,000	3,974,752,000	4,567,912,000	4,250,583,000	3,686,324,000
financial instruments owned, including securities pledged of 10,257,188 and 9,706,881:
investments in managed funds																																	541,275,000	503,294,000	498,529,000	556,971,000	183,149,000
common shares, par value 1 per share, authorized 600,000,000 shares; 356,189,758 and 359,425,061 shares issued and outstanding, after deducting 60,203,260 and 56,947,654 shares held in treasury																																	356,190,000
financial instruments owned, including securities pledged of 10,705,731 and 9,706,881:
common shares, par value 1 per share, authorized 600,000,000 shares; 358,644,711 and 359,425,061 shares issued and outstanding, after deducting 57,748,307 and 56,947,654 shares held in treasury																																		358,645,000
financial instruments owned, including securities pledged of 10,184,574 and 9,706,881:
common shares, par value 1 per share, authorized 600,000,000 shares; 359,815,689 and 359,425,061 shares issued and outstanding, after deducting 56,575,299 and 56,947,654 shares held in treasury																																			359,816,000
financial instruments owned, including securities pledged of 10,458,629 and 12,207,123:
common shares, par value 1 per share, authorized 600,000,000 shares; 359,671,338 and 362,617,423 shares issued and outstanding, after deducting 56,701,377 and 53,755,292 shares held in treasury																																				359,671,000
financial instruments owned																																					15,119,426,741,530,395,000,000,000,000,000
total leucadia national corporation shareholders' equity																																					538,825,069,901,615,250,000,000,000,000,000,000
reconciliation to tangible capital
less: intangible assets, net and goodwill																																					-1,926,865,000
tangible capital																																					34,613,857,616,715,190,000,000,000,000,000,000
current assets:
investments																																						1,672,602,000	390,378,000	193,742,000	125,480,000	150,135,000	810,972,000	620,868,000	231,842,000	264,572,000	110,166,000	111,075,000	99,174,000	277,380,000	379,851,000
trade, notes and other receivables																																						259,031,000	315,030,000	407,285,000	332,170,000	369,123,000	171,451,000	193,429,000	116,138,000	150,328,000	101,725,000	276,840,000	227,022,000	201,455,000	85,034,000
inventory																																						383,492,000	354,487,000	340,437,000	355,736,000	354,578,000
current deferred tax asset																																						18,072,000	77,870,000	78,276,000	44,046,000	144,281,000
prepaids and other current assets																																						42,109,000	191,507,000	79,236,000	62,707,000	66,872,000	130,720,000	134,463,000	105,760,000	129,350,000	93,292,000	128,364,000	116,845,000	105,759,000	124,337,000
current assets of discontinued operations																																							38,065,000								55,310,000
total current assets																																						2,521,266,000	2,139,481,000	1,285,641,000	1,125,430,000	1,253,479,000	1,419,413,000	1,487,852,000	767,672,000	985,590,000	683,777,000	764,516,000	662,024,000	817,246,000	745,386,000
non-current investments																																						1,747,972,000	1,446,303,000			2,226,875,000				3,832,659,000		1,835,774,000	2,114,684,000	1,871,630,000	1,644,136,000
investments in associated companies (1,077,172 and 1,198,029 measured
using fair value option method)																																						1,884,646,000
non-current assets of discontinued operations																																							134,728,000								31,393,000
current liabilities:
trade payables and expense accruals																																						413,642,000	412,692,000	345,696,000	315,333,000	386,544,000	142,307,000	144,559,000	126,286,000	176,592,000	153,291,000	220,438,000	201,011,000	176,392,000	183,561,000
other current liabilities																																						34,563,000	36,008,000	37,588,000	44,116,000	42,976,000	15,842,000	21,234,000	14,893,000	27,468,000	19,988,000	37,935,000	32,271,000	11,609,000	11,459,000
debt due within one year																																						440,569,000	445,409,000	39,777,000	39,257,000	30,133,000	1,103,000	1,040,000	33,550,000	142,659,000	134,924,000	380,725,000	324,266,000	310,266,000	276,184,000
current liabilities of discontinued operations																																							14,325,000								101,957,000
total current liabilities																																						1,280,479,000	1,302,723,000	794,381,000	802,167,000	877,132,000	659,299,000	826,372,000	720,350,000	747,840,000	820,498,000	729,732,000	638,671,000	572,607,000	567,760,000
other non-current liabilities																																						141,229,000	95,676,000	96,367,000	96,378,000	96,316,000	56,058,000	89,091,000	89,687,000	90,608,000	85,612,000	91,009,000	112,439,000	116,576,000	106,772,000
non-current liabilities of discontinued operations																																							708,000								3,350,000
redeemable noncontrolling interests in subsidiary																																						241,649,000	236,137,000	246,546,000	232,709,000	235,909,000
common shares, par value 1 per share, authorized 600,000,000 shares;
244,582,588 shares issued and outstanding,
after deducting 47,006,711 shares held in treasury																																						244,583,000		244,583,000	244,583,000
noncontrolling interest																																						367,000	1,166,000	2,856,000	2,517,000	3,865,000	4,961,000	4,754,000	5,437,000	6,623,000	6,108,000	10,122,000	11,612,000	16,230,000	17,808,000
investments in associated companies (794,102 and 1,198,029 measured
using fair value option)																																							1,560,329,000	1,964,167,000	2,376,701,000	1,991,795,000	1,767,283,000	1,825,176,000	2,207,688,000	2,274,163,000	2,817,684,000	2,549,770,000	2,913,727,000	2,805,819,000
244,582,588 shares issued and outstanding, after deducting
47,006,711 shares held in treasury																																							244,583,000
non-current investments (385,492 and 432,768 collateralizing repurchase
agreements)																																								1,542,199,000	1,759,427,000		2,258,897,000	3,517,048,000	3,980,669,000		2,585,700,000
investments in associated companies (1,197,407 and 1,198,029 measured
common shares, par value 1 per share, authorized 600,000,000
shares; 244,582,588 shares issued and outstanding,
non-current investments (416,771 and 432,768 collateralizing repurchase
investments in associated companies (1,566,553 and 1,198,029 measured
investments in associated companies (1,198,029 and 1,314,227 measured
shares; 244,582,588 and 243,808,147 shares issued and
outstanding, after deducting 47,006,711 and 47,525,707 shares
held in treasury																																										244,583,000				243,808,000
non-current investments (485,647 and 413,858 collateralizing repurchase
investments in associated companies (1,103,458 and 1,314,227 measured
shares; 244,582,588 and 243,808,147 shares issued and outstanding,
after deducting 47,006,711 and 47,525,707 shares held in treasury																																											244,583,000	244,573,000
non-current investments (683,344 and 413,858 collateralizing repurchase
investments in associated companies (1,111,923 and 1,314,227 measured
shares; 244,572,588 and 243,808,147 shares issued and outstanding,
non-current investments (561,931 and 413,858 collateralizing repurchase
investments in associated companies (1,230,824 and 1,314,227 measured
shares; 244,379,732 and 243,808,147 shares issued and outstanding,
after deducting 47,002,509 and 47,525,707 shares held in treasury																																													244,379,000
investments in associated companies (1,314,227 and 1,792,683 measured
shares; 243,808,147 and 243,288,154 shares issued and
outstanding, after deducting 47,525,707 and 47,524,960 shares
non-current investments (424,651 and 210,364 collateralizing repurchase
notes and other receivables																																															8,431,000	7,996,000	7,322,000	6,908,000	78,779,000
investments in associated companies (1,931,607 and 1,792,683 measured
shares; 243,317,407 and 243,288,154 shares issued and outstanding,
after deducting 47,525,707 and 47,524,960 shares held in treasury																																															243,317,000
investments in associated companies (1,641,846 and 1,792,683 measured
deferred revenue																																																90,634,000	81,123,000	74,340,000	96,556,000
shares; 243,317,407 and 243,288,154 shares issued and
outstanding, after deducting 47,525,707 and 47,524,960 shares held in treasury																																																243,317,000
investments in associated companies (1,955,490 and 1,792,683 measured
shares; 243,300,154 and 243,288,154 shares issued and
outstanding, after deducting 47,524,960 shares held in treasury																																																	243,300,000
investments in associated companies (1,849,426 and 933,057 measured
243,130,170 and 238,498,598 shares issued and outstanding, after
deducting 47,524,960 and 46,888,660 shares held in treasury																																																		243,130,000
investments in associated companies																																																			2,443,463,000
common shares, par value 1 per share, authorized 600,000,000 shares; 243,695,655 and 238,498,598 shares issued and outstanding, after deducting 46,888,660 shares held in treasury																																																			243,696,000

Cashflow Statements:

Quarterly

Annual

Unit: USD	2026-05-31	2026-02-28	2025-11-30	2025-08-31	2025-05-31	2025-02-28	2024-11-30	2024-08-31	2024-05-31	2024-02-29	2023-11-30	2023-08-31	2023-05-31	2023-02-28	2022-11-30	2022-08-31	2022-05-31	2022-02-28	2021-11-30	2021-08-31	2021-05-31	2021-02-28	2020-11-30	2020-08-31	2020-05-31	2020-02-29	2011-06-30	2011-03-31

cash flows from operating activities:
net earnings								181,039,000	154,687,000	156,392,000	70,433,000	53,947,000	8,684,000	129,324,000
adjustments to reconcile net earnings to net cash from operating activities:
depreciation and amortization								47,862,000	49,523,000	44,199,000	28,582,000	25,440,000	25,866,000	33,585,000	56,262,000	44,111,000	41,566,000	47,404,000
impairment of assets
share-based compensation								13,377,000	14,357,000	20,215,000	9,884,000	11,258,000	10,492,000	13,726,000	10,959,000	9,961,000	13,253,000	9,746,000									14,460,000	1,024,000
net bad debt expense								1,712,000	6,881,000	39,712,000	21,601,000	16,816,000	16,909,000	11,683,000
income on investments in and loans to related parties
distributions received on investments in related parties								35,174,000	19,000	855,000	24,363,000	32,676,000	186,000	1,111,000
other adjustments								60,842,000	72,440,000	75,411,000	-40,793,000	-120,537,000	83,388,000	-21,842,000
net change in assets and liabilities:
receivables:
brokers, dealers and clearing organizations								533,839,000	-93,151,000	-629,142,000	-380,817,000	-182,532,000	116,711,000	10,609,000
customers								238,022,000	-438,368,000	-155,699,000	-158,208,000	-363,196,000	269,200,000	-228,283,000
fees, interest and other								54,741,000	-103,080,000	-11,191,000	-150,156,000	31,575,000	-6,197,000	20,908,000
securities borrowed								109,657,000	-352,596,000	401,010,000	-457,372,000	473,467,000	463,696,000	-1,786,916,000	774,612,000	-310,195,000	786,111,000	-701,961,000
financial instruments owned								-1,208,402,000	555,074,000	-1,492,492,000	1,298,956,000	-1,814,420,000	84,811,000	-2,412,901,000
securities purchased under agreements to resell								-176,171,000	805,479,000	-1,604,900,000	-477,638,000	103,168,000	-2,059,044,000	1,170,236,000	-442,798,000	614,989,000	1,790,896,000	1,084,266,000
other assets								117,438,000	-34,413,000	-504,938,000	27,516,000	208,982,000	-97,828,000	-690,596,000	-151,966,000	76,140,000	-8,756,000	-146,140,000
payables:
securities loaned								286,482,000	-465,648,000	870,714,000	380,803,000	196,880,000	-330,147,000	183,887,000	51,906,000	-551,615,000	76,554,000	283,598,000
financial instruments sold, not yet purchased								304,334,000	-120,216,000	801,138,000	-786,217,000	103,954,000	693,830,000	-20,461,000
securities sold under agreements to repurchase								-1,510,232,000	-562,681,000	684,917,000	304,039,000	966,312,000	575,536,000	1,478,595,000	-109,082,000	-581,370,000	-750,588,000	488,456,000
lease liabilities								-17,630,000	-10,883,000	-27,895,000	794,000	-35,231,000	-7,252,000	-10,440,000	-30,012,000	-18,779,000	-19,499,000	-21,399,000
accrued expenses and other liabilities								165,375,000	657,020,000	-371,040,000	45,936,000	108,080,000	291,035,000	-763,849,000
net cash from operating activities											-43,651,000	-488,305,000	417,178,000	-1,818,848,000	357,657,000	1,437,774,000	1,224,746,000	-1,215,328,000	1,486,473,000	1,068,131,000	514,352,000	-1,495,938,000	768,090,000	1,146,898,000	1,079,043,000	-918,083,000	1,924,000	-17,775,000
capital expenditures											0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
free cash flows											-43,651,000	-488,305,000	417,178,000	-1,818,848,000	357,657,000	1,437,774,000	1,224,746,000	-1,215,328,000	1,486,473,000	1,068,131,000	514,352,000	-1,495,938,000	768,090,000	1,146,898,000	1,079,043,000	-918,083,000	1,924,000	-17,775,000
cash flows from investing activities:
contributions to investments in and loans to related parties								-45,941,000	-14,792,000	-47,751,000	-121,306,000	-74,909,000	-44,859,000	-10,677,000
capital distributions from investments and repayments of loans from related parties								-6,535,000	2,964,000	4,977,000	96,119,000	2,843,000	733,000	17,055,000
net payments on premises and equipment								-35,797,000	-48,616,000	-96,241,000		-29,996,000	-25,062,000	-25,152,000
net cash from investing activities											243,834,000	-138,741,000	-81,204,000	-36,093,000	45,571,000	127,366,000	-128,398,000	-105,078,000	-143,927,000	-127,854,000	-96,472,000	-32,340,000	2,212,000	-24,986,000	-114,108,000	-49,310,000	-22,484,000	-179,521,000
cash flows from financing activities:
proceeds from short-term borrowings								1,713,125,000	1,266,633,000	847,000,000	535,000,000	2,378,000,000	1,559,000,000	941,000,000
payments on short-term borrowings								-1,562,679,000	-927,057,000	-568,739,000	-529,068,000	-2,298,000,000	-1,190,800,000	-993,000,000
proceeds from issuance of long-term debt, net of issuance costs								1,119,984,000	3,167,629,000	359,380,000	662,765,000	1,252,044,000	169,683,000	125,180,000
repayment of long-term debt								-1,037,553,000	-408,225,000	-317,794,000	-410,724,000	-584,405,000	-51,474,000	-235,766,000
purchase of common shares for treasury								-332,000	-946,000	-43,033,000	-4,130,000	-280,000	-114,129,000	-50,863,000	-121,021,000	-116,349,000	-284,165,000	-338,058,000
dividends paid to common and preferred shareholders								-81,569,000	-69,914,000	-69,909,000	-69,978,000
net proceeds from (payments on) other secured financings									116,183,000	124,715,000	-193,703,000
net change in bank overdrafts								-51,549,000	31,363,000	-13,609,000	51,754,000	-2,008,000	936,000	1,372,000	-9,331,000	5,058,000	-56,286,000	45,990,000
proceeds from contributions of noncontrolling interests								105,000	5,000	9,316,000				5,000
payments on distributions to noncontrolling interests								-1,876,000	-3,563,000	-7,126,000
other								887,000	6,280,000	704,000					611,422,000	-147,342,000	-310,250,000	-145,189,000									-513,000	-554,000
net cash from financing activities											42,242,000	1,242,392,000	57,128,000	-281,638,000	-213,489,000	-573,597,000	-972,759,000	-1,083,380,000	418,446,000	-200,139,000	-293,666,000	1,069,653,000	-501,806,000	747,701,000	-653,255,000	-316,165,000	118,312,000	69,888,000
effect of exchange rate changes on cash, cash equivalents, and restricted cash
change in cash, cash equivalents, and restricted cash reclassified from (to) assets held for sale
net increase in cash, cash equivalents, and restricted cash
cash, cash equivalents, and restricted cash at beginning of period
cash, cash equivalents, and restricted cash at end of period
net earnings ...................................................................................................................................................................		159,346,000
depreciation and amortization .................................................................................................................................		41,335,000
impairment of assets ................................................................................................................................................		65,413,000
share-based compensation ......................................................................................................................................		50,672,000
net bad debt expense ...............................................................................................................................................		14,427,000
income on investments in and loans to related parties .......................................................................................		-24,474,000
distributions received on investments in related parties .....................................................................................		21,173,000
other adjustments .....................................................................................................................................................		118,761,000
brokers, dealers and clearing organizations .......................................................................................................		547,515,000
customers ................................................................................................................................................................		-544,527,000
fees, interest and other ..........................................................................................................................................		7,851,000
securities borrowed ...................................................................................................................................................		619,155,000
financial instruments owned ...................................................................................................................................		-357,809,000
securities purchased under agreements to resell ................................................................................................		664,567,000
other assets ................................................................................................................................................................		-305,830,000
securities loaned ........................................................................................................................................................		149,785,000
financial instruments sold, not yet purchased ......................................................................................................		1,139,710,000
securities sold under agreements to repurchase .................................................................................................		-1,776,125,000
lease liabilities ...........................................................................................................................................................		-17,783,000
accrued expenses and other liabilities ...................................................................................................................		-1,135,709,000
net cash from operating activities ........................................................................................................................		-1,737,291,000
contributions to investments in and loans to related parties .............................................................................		-64,830,000
capital distributions from investments and repayments of loans from related parties .................................		426,000
net payments on premises and equipment ...........................................................................................................		-64,861,000
net cash from investing activities ........................................................................................................................		-129,265,000
proceeds from short-term borrowings ...................................................................................................................		2,081,271,000
payments on short-term borrowings ......................................................................................................................		-1,916,779,000
proceeds from issuance of long-term debt, net of issuance costs ....................................................................		2,570,746,000
repayment of long-term debt ..................................................................................................................................		-1,239,142,000
purchase of common shares for treasury..............................................................................................................		-174,303,000
dividends paid to common and preferred shareholders ......................................................................................		-92,791,000
net proceeds from (payments on) other secured financings .............................................................................		-600,057,000
net change in bank overdrafts .................................................................................................................................		-8,400,000
proceeds from contributions of noncontrolling interests ....................................................................................		119,000
payments on distributions to noncontrolling interests ........................................................................................		-1,518,000
other ............................................................................................................................................................................		7,956,000
net cash from financing activities ................................................................................................................		627,102,000
effect of exchange rate changes on cash, cash equivalents, and restricted cash ...........................................		-152,000
change in cash, cash equivalents, and restricted cash reclassified from (to) assets held for sale .................		-6,266,000
net decrease in cash, cash equivalents, and restricted cash ................................................................................		-1,239,606,000
cash, cash equivalents, and restricted cash at beginning of period .....................................................................		14,961,586,000
cash, cash equivalents, and restricted cash at end of period ..............................................................................		13,715,714,000
net earnings ..........................................................................................................................................................
deferred income taxes .........................................................................................................................................
share-based compensation ................................................................................................................................
amortization ..........................................................................................................................................................
undistributed earnings of subsidiaries ..............................................................................................................
losses on investments in and loans to related parties ...................................................................
other adjustments ................................................................................................................................................
financial instruments owned ..............................................................................................................................
other assets ..........................................................................................................................................................
financial instruments sold, not yet purchased .................................................................................................
income taxes receivable/payable, net ...............................................................................................................
accrued expenses and other liabilities ..............................................................................................................
net cash from operating activities from continuing operations ......................................
contributions to investments in and loans to related parties ........................................................................
capital distributions from investments and repayments of loans from related parties ............................
distribution (to) from subsidiaries, net ..............................................................................................................
net cash from investing activities from continuing operations .......................................
net cash from investing activities from discontinued operations ..................................
proceeds from short-term borrowings ..............................................................................................................
payments on short-term borrowings .................................................................................................................
proceeds from issuance of long-term debt, net of issuance costs ..............................................................
repayments of long-term debt ...........................................................................................................................
advances (to) from subsidiaries, net .................................................................................................................
purchase of common shares for treasury ........................................................................................................
proceeds from conversion of common to preferred shares ..........................................................................
dividends paid .......................................................................................................................................................
net cash from financing activities from continuing operations ......................................
net increase in cash and cash equivalents and restricted cash ...............................................
cash, cash equivalents and restricted cash at beginning of period .............................................................
cash, cash equivalents and restricted cash at end of period .......................................................................
supplemental disclosures of cash flow information:
cash paid during the period for
interest ...................................................................................................................................................................
income taxes, net ..................................................................................................................................................
net earnings ......................................................................................................................................................................................				242,504,000	91,395,000	136,849,000
depreciation and amortization ....................................................................................................................................................				55,980,000	55,459,000	32,995,000
share-based compensation .........................................................................................................................................................				13,980,000	18,193,000	35,637,000
net bad debt expense ...................................................................................................................................................................				3,468,000	5,970,000	7,493,000
income on investments in and loans to related parties ...........................................................................................................				-39,108,000	-8,110,000	-7,052,000
distributions received on investments in related parties ........................................................................................................				42,775,000	12,451,000	16,142,000
gain on sale of subsidiaries and investments in related parties ............................................................................................
loss on assets held for sale ........................................................................................................................................................
other adjustments .........................................................................................................................................................................				249,748,000	228,781,000	-44,419,000
brokers, dealers and clearing organizations ..........................................................................................................................				-103,290,000	787,281,000	-877,505,000
customers ...................................................................................................................................................................................				-375,640,000	-190,793,000	32,699,000
fees, interest and other .............................................................................................................................................................				83,554,000	-96,027,000	-47,567,000
securities borrowed ......................................................................................................................................................................				-322,840,000	575,796,000	-1,198,188,000
financial instruments owned .......................................................................................................................................................				-471,142,000	1,030,374,000	-2,271,617,000
securities purchased under agreements to resell ....................................................................................................................				-398,330,000	710,110,000	-1,976,348,000
other assets ...................................................................................................................................................................................				-61,185,000	31,205,000	-236,583,000
securities loaned ...........................................................................................................................................................................				446,872,000	-479,715,000	-30,136,000
financial instruments sold, not yet purchased .........................................................................................................................				533,805,000	-2,300,359,000	3,027,469,000
securities sold under agreements to repurchase .....................................................................................................................				-94,899,000	-1,576,806,000	1,359,656,000
lease liabilities ..............................................................................................................................................................................				-15,040,000	-11,811,000	-21,429,000
accrued expenses and other liabilities ......................................................................................................................................				337,358,000	427,613,000	-1,197,694,000
net cash from operating activities from continuing operations .........................................................................................				184,188,000	-978,332,000	-2,665,165,000
net cash from operating activities from discontinued operations .....................................................................................
contributions to investments in and loans to related parties .................................................................................................				-355,251,000	-89,138,000	-21,949,000
capital distributions from investments and repayments of loans from related parties .....................................................				332,003,000	33,438,000	13,752,000
originations and purchases of automobile loans, notes and other receivables ..................................................................
principal collections of automobile loans, notes and other receivables ...............................................................................
net payments on premises and equipment ..............................................................................................................................				-58,178,000	-43,669,000	-49,578,000
proceeds from assets held for sale ............................................................................................................................................
proceeds from sales of subsidiary and investment in related parties, net of cash of operations sold ...........................
net cash from investing activities from continuing operations .................................................................
in thousands				0				0
net cash from investing activities from continuing operations ..........................................................................................					-99,369,000	-57,775,000
proceeds from short-term borrowings .......................................................................................................................................
payments on short-term borrowings ..........................................................................................................................................
proceeds from issuance of long-term debt, net of issuance costs .......................................................................................
repayment of long-term debt ......................................................................................................................................................
purchase of common shares for treasury .................................................................................................................................
dividends paid to common and preferred shareholders .........................................................................................................
net proceeds from other secured financings ...........................................................................................................................
net change in bank overdrafts ....................................................................................................................................................
proceeds from contributions of noncontrolling interests .......................................................................................................
payments on distributions to noncontrolling interests ............................................................................................................
other ................................................................................................................................................................................................
net cash from financing activities from continuing operations ..................................................................................
net cash from financing activities from discontinued operations ..............................................................................
effect of exchange rate changes on cash, cash equivalents, and restricted cash ...............................................................
change in cash, cash equivalents, and restricted cash reclassified from (to) assets held for sale ....................................
net increase in cash, cash equivalents, and restricted cash .................................................................................
cash, cash equivalents, and restricted cash at beginning of period ........................................................................................
cash, cash equivalents, and restricted cash at end of period ..................................................................................................
cash paid during the period for:
interest ............................................................................................................................................................................................
income taxes, net ..........................................................................................................................................................................
net cash from operating activities from discontinued operations ............................................................
loss on investments in and loans to related parties .......................................................................
net cash from investing activities from continuing operations .......................................................
net cash from investing activities from discontinued operations ...................................................
issuances of common shares ............................................................................................................................
net cash from financing activities from continuing operations ...............................................................
loss on investments and loans to related parties								-24,985,000	-28,510,000	-8,692,000		78,129,000	87,801,000	63,987,000
gain on sale of subsidiary and investment in related parties								-2,278,000
securities deposited with clearing and depository organizations											49,427,000	-4,117,000
net cash from operating activities from continuing operations								-670,045,000	77,574,000	-1,257,621,000
net cash from operating activities from discontinued operations								21,385,000	-44,892,000	-45,282,000
originations and purchases of automobile loans, notes and other receivables								0	0	-89,540,000	-108,797,000	-126,724,000	-106,935,000	-99,127,000
principal collections of automobile loans, notes and other receivables								0	0	83,268,000	83,576,000	90,045,000	94,919,000	81,808,000
proceeds from sales of subsidiary and investment in related parties, net of cash of operations sold								515,567,000
net cash from investing activities from continuing operations								427,294,000	34,832,000	-145,287,000
proceeds from conversion of common to preferred shares											0
net proceeds from other secured financings
net cash from financing activities from continuing operations								301,774,000	3,178,388,000	320,905,000
net cash from financing activities from discontinued operations								-175,015,000	7,681,000	-3,297,000
effect of exchange rate changes on cash, cash equivalents and restricted cash								20,414,000	170,000	-1,683,000	55,127,000	-2,873,000	975,000	1,682,000
net increase in cash, cash equivalents and restricted cash								-74,193,000							187,777,000
net decrease in cash, cash equivalents and restricted cash classified within assets held for sale								0	572,000	-13,796,000
cash, cash equivalents and restricted cash at beginning of period								0	0	9,830,758,000	0	0	0	10,707,244,000	0	0	0	11,828,304,000	0	0	0	9,664,972,000	0	0	0	8,480,435,000
cash, cash equivalents and restricted cash at end of period								-74,193,000	3,254,325,000	8,684,697,000	251,861,000	612,473,000	394,077,000	8,572,347,000	187,777,000	981,155,000	114,261,000	9,424,051,000	1,755,901,000	737,087,000	125,083,000	9,210,233,000	267,079,000	1,902,883,000	301,060,000	7,193,950,000
interest								956,133,000	739,983,000	839,475,000	682,368,000	824,121,000	348,568,000	493,004,000													58,235,000	55,472,000
income taxes								78,808,000	63,061,000	25,927,000	8,036,000	28,013,000	113,775,000	9,535,000
net decrease in cash, cash equivalents and restricted cash										-1,132,265,000		612,473,000	394,077,000	-2,134,897,000			114,261,000	-2,404,253,000
deferred income taxes
losses on investments in and loans to related parties
gain on sale of subsidiaries and investments in related parties
net payments on premises and equipment, and other assets
net cash acquired in business acquisitions
proceeds from sales of subsidiaries and investments in related parties, net of expenses and cash of operations sold
deconsolidation of asset management entity															-1,886,000	0
proceeds from sales and maturities of investments and loan receivables
change in cash and cash equivalents and restricted cash reclassified from (to) assets held for sale
supplemental disclosures of cash flow information
gain on sale of subsidiaries
proceeds from sales of subsidiaries, net of expenses and cash of operations sold
dividends paid													-69,929,000	-68,769,000	-68,330,000	-69,255,000	-70,188,000	-72,331,000
net payments on other secured financings													-246,229,000	-6,173,000
bad debt expense
(income) loss on investments in and loans to related parties
net cash flows from operating activities:
net income																195,941,000	116,858,000	327,975,000									197,244,000	10,786,000
adjustments to reconcile net income to net cash from operations:
deferred income tax benefit																32,958,000
provision for doubtful accounts																12,820,000											254,000	233,000
loss related to associated companies
distributions from associated companies																32,924,000	30,985,000	9,496,000									32,441,000	13,150,000
net change in:
financial instruments owned, at fair value																-80,736,000	1,339,147,000	-1,725,630,000
receivables from brokers, dealers and clearing organizations																2,027,376,000	-853,751,000	-199,295,000
receivables from customers of securities operations																626,523,000	-196,952,000	-280,577,000
other receivables																-58,768,000	22,681,000	45,477,000
financial instruments sold, not yet purchased, at fair value																-2,076,727,000	-1,010,021,000	3,016,048,000
payables to brokers, dealers and clearing organizations																1,538,471,000	157,709,000	-1,179,607,000
payables to customers of securities operations																-48,648,000	-303,148,000	-440,484,000
trade payables, expense accruals and other liabilities																187,486,000	314,083,000	-1,601,209,000
net cash flows from investing activities:
acquisitions of property, equipment and leasehold improvements, and other assets																-47,231,000	-57,133,000	-27,630,000
proceeds from sale of subsidiaries, net of expenses and cash of operations sold
advances on notes, loans and other receivables																-130,613,000	-148,025,000	-134,852,000
collections on notes, loans and other receivables																135,980,000	108,921,000	99,306,000									10,112,000	4,957,000
loans to and investments in associated companies																-47,463,000	-22,140,000	-301,062,000
capital distributions and loan repayments from associated companies																7,408,000	-910,000	259,153,000
net cash flows from financing activities:
issuance of debt, net of issuance costs																1,466,657,000	1,408,280,000	917,921,000									258,984,000	145,066,000
repayment of debt																-1,349,882,000	-1,113,235,000	-737,645,000
net change in other secured financings																-511,531,000	-887,210,000	-933,992,000
distributions to noncontrolling interests
contributions from noncontrolling interests																1,127,000	29,468,000	33,703,000
effect of foreign exchange rate changes on cash, cash equivalents and restricted cash																-10,388,000	-9,328,000	-467,000	-5,091,000	-3,051,000	869,000	3,886,000	-1,417,000	33,270,000	-10,620,000	-2,927,000
income related to associated companies																	-8,867,000	-28,033,000
deferred income tax provision																		-67,271,000									121,608,000	18,072,000
benefit from doubtful accounts																		9,001,000
depreciation and amortization of property, equipment and leasehold improvements																											33,146,000	16,735,000
other amortization																											13,962,000	6,333,000
excess tax benefit from exercise of stock options																											-237,000	-15,000
net securities gains																											-531,940,000	-2,303,000
losses related to associated companies																											270,112,000	44,172,000
net gains related to real estate, property and equipment, and other assets																											-89,351,000	-85,699,000
income related to fortescue’s pilbara project, net of proceeds received																											-28,798,000	43,587,000
loss on buyback of debt																											6,352,000	2,898,000
gain on disposal of discontinued operations																											-1,423,000	-79,000
change in estimated litigation reserve																											-2,241,000	-2,241,000
restricted cash																											1,368,000	47,000
trade, notes and other receivables																											-7,810,000	-13,363,000
prepaids and other assets																											1,593,000	-2,039,000
trade payables and expense accruals																											-22,266,000	-55,936,000
other liabilities																											-3,622,000	-4,034,000
deferred revenue																											-482,000	-348,000
income taxes payable																											-1,933,000	-8,201,000
acquisition of property, equipment and leasehold improvements																											-21,264,000	-4,052,000
acquisitions of and capital expenditures for real estate investments																											-6,190,000	-4,452,000
proceeds from disposals of real estate, property and equipment, and other assets																											23,326,000	15,811,000
net change in restricted cash																											5,426,000
settlement of lawsuit
proceeds from sales of discontinued operations																											1,702,000	951,000
acquisitions, net of cash acquired																											-86,306,000
advances on notes and other receivables																											-3,171,000	-2,366,000
investments in associated companies																											-126,073,000	-890,000
capital distributions and loan repayment from associated companies																											271,076,000
purchases of investments																											-1,232,513,000	-395,591,000
proceeds from maturities of investments																											268,806,000	145,151,000
proceeds from sales of investments																											869,087,000	54,223,000
reduction of debt																											-143,836,000	-73,156,000
issuance of common shares																											6,853,000	1,340,000
net increase in cash and cash equivalents																											97,752,000	-127,408,000
cash and cash equivalents at january 1, including cash classified as
current assets of discontinued operations																											441,340,000	441,340,000
cash and cash equivalents at june 30, including cash classified as
cash paid during the year for:
income tax payments																											13,042,000	12,214,000
capital distributions from associated companies																												4,858,000
cash and cash equivalents at march 31, including cash classified as
cash flows from operating activities
adjustments to reconcile net income to net cash
provided by operating activities:
benefit from loan losses
stock based compensation expense
amortization of warrant costs
non-cash interest charges on convertible debt
accretion and amortization of loan fees
gain on retirement of debt
changes in assets and liabilities, net of assets and liabilities acquired:
income tax receivable
accrued taxes and expenses
cash flows from investing activities
purchases of receivables
principal collections and recoveries on receivables
purchases of property and equipment
change in restricted cash – securitization notes payable
change in restricted cash – credit facilities
change in other assets
proceeds from money market fund
investment in money market fund
cash flows from financing activities
net change in credit facilities
issuance of securitization notes payable
payments on securitization notes payable
debt issuance costs
net proceeds from issuance of common stock
retirement of debt
other net changes
net cash used by financing activities
effect of canadian exchange rate changes on cash and cash equivalents
cash and cash equivalents at beginning of year
cash and cash equivalents at end of year

Jefferies Financial Group Inc(NYSE:JEF)

Jefferies Financial Group Inc
(NYSE:JEF)