{"url_path":"/sec/forty/10-k/2026/item-18","section_key":"item-18","section_title":"Item 18 FINANCIAL STATEMENTS**","topic":"sec","document":{"doc_type":"20-F","doc_date":"2026-05-13","source_url":"https://www.sec.gov/Archives/edgar/data/1045986/0001213900-26-055948-index.html","accession_number":"0001213900-26-055948","cik":"0001045986","ticker":"FORTY","issuer_name":"FORMULA SYSTEMS (1985) LTD","edgar_url":"https://www.sec.gov/Archives/edgar/data/1045986/0001213900-26-055948-index.html","primary_entity_key":"0001045986","primary_entity_name":"FORMULA SYSTEMS (1985) LTD"},"word_count":106,"has_tables":true,"body_markdown":"**ITEM 18. FINANCIAL STATEMENTS**\n\n \n\nOur consolidated financial\nstatements and the report of our independent registered public accounting firm in connection therewith are filed as part of this annual\nreport, as noted on the pages below:\n\n \n\n[Reports of Independent Registered Public Accounting Firm (PCAOB ID 1185)](#f_001)   F-2 - F-5\n\n[Reports of Independent Registered Public Accounting Firm (PCAOB ID 1281)](#f_002)   F-6\n\n[Consolidated Statements of Financial Position](#f_003)   F-7 - F-8\n\n[Consolidated Statements of Profit or Loss](#f_004)   F-9\n\n[Consolidated Statements of Comprehensive Income](#f_005)   F-10\n\n[Consolidated Statements of Changes in Equity](#f_006)   F-11 - F-14\n\n[Consolidated Statements of Cash Flows](#f_007)   F-15 - F-18\n\n[Notes to Consolidated Financial Statements](#f_008)   F-19 - F-122\n\n \n\n179"}