Ayalon Insurance Company Ltd (TLV:AYAL)

Ayalon Insurance Company Balance Sheet

Financials in millions ILS. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Investments in Debt Securities	916.72	851.26	681.93	641	612.71
Investments in Equity & Preferred Securities	16.53	22.22	14.31	96.66	140.97
Other Investments	9,664	3,296	3,266	3,365	2,815
Total Investments	11,544	9,647	9,095	9,769	8,482
Cash & Equivalents	629.34	410.07	457.54	273.97	472.3
Reinsurance Recoverable	4,498	3,892	3,905	4,074	3,776
Other Receivables	1,154	648.98	678.95	683.35	497.74
Deferred Policy Acquisition Cost	513.2	437.53	423.87	417.85	396.45
Property, Plant & Equipment	245.74	237.76	238.34	245.24	240.84
Goodwill	-	13.6	13.6	13.6	13.6
Other Intangible Assets	369.13	292.72	254.83	201.78	172.99
Restricted Cash	91.54	141.74	272.52	192.59	238.92
Other Current Assets	-	142.51	140.79	119.27	105.68
Long-Term Deferred Tax Assets	23.18	70.92	84.79	8.23	33.85
Other Long-Term Assets	-	5.35	12.66	20.16	24.09
Total Assets	19,067	15,941	15,578	16,019	14,454
Accounts Payable	-	18.84	24.47	28.49	29.02
Accrued Expenses	-	173.96	180.02	138.51	137.77
Insurance & Annuity Liabilities	15,233	13,241	12,804	13,266	11,849
Unearned Premiums	-	18.85	18.81	11.16	11.8
Reinsurance Payable	1,180	798.11	882.04	866.34	875.48
Current Portion of Long-Term Debt	-	6.75	60.67	0.3	7.92
Current Income Taxes Payable	38.11	4.7	-	-	-
Long-Term Debt	740.43	697.08	699.78	759.29	610.91
Long-Term Leases	-	33.66	32.88	34.28	36.97
Long-Term Deferred Tax Liabilities	103.21	81.27	79.09	88.56	68.88
Other Long-Term Liabilities	733.04	107.82	101.26	81.77	71.04
Total Liabilities	18,095	15,236	14,938	15,338	13,754
Common Stock	266.59	220.67	220.67	220.67	220.67
Additional Paid-In Capital	130.86	-	3.92	227.65	-
Retained Earnings	573.89	490.04	413.68	230.92	345.68
Comprehensive Income & Other	-	-7.22	-	-	132.45
Total Common Equity	971.34	703.49	638.27	679.24	698.79
Minority Interest	1.4	1.68	1.65	1.61	1.09
Shareholders' Equity	972.74	705.17	639.92	680.85	699.88
Total Liabilities & Equity	19,067	15,941	15,578	16,019	14,454
Filing Date Shares Outstanding	24.88	18.2	18.2	18.2	18.2
Total Common Shares Outstanding	24.88	18.2	18.2	18.2	18.2
Total Debt	740.43	737.48	793.34	793.87	655.79
Net Cash (Debt)	-111.09	-327.41	-335.8	-519.9	-183.49
Net Cash Per Share	-4.38	-15.20	-18.45	-28.57	-10.08
Book Value Per Share	39.04	38.66	35.07	37.33	38.40
Tangible Book Value	602.21	397.17	369.84	463.87	512.2
Tangible Book Value Per Share	24.20	21.83	20.32	25.49	28.15
Land	-	285.46	276.94	271.95	258.27
Machinery	-	126.67	119.84	115.08	107.71
Leasehold Improvements	-	21.79	21.61	21.45	21.15

Updated Mar 18, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.