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	917.12	681.93	641	612.71
Investments in Equity & Preferred Securities	25.8	22.22	14.31	96.66	140.97
Other Investments	4,523	3,820	3,266	3,365	2,815
Total Investments	11,544	10,278	9,095	9,769	8,482
Cash & Equivalents	629.34	542.97	457.54	273.97	472.3
Reinsurance Recoverable	4,796	4,795	3,905	4,074	3,776
Other Receivables	722.56	676.45	678.95	683.35	497.74
Deferred Policy Acquisition Cost	513.2	467.33	423.87	417.85	396.45
Property, Plant & Equipment	245.74	239.14	238.34	245.24	240.84
Goodwill	17.51	13.6	13.6	13.6	13.6
Other Intangible Assets	342.38	309.3	254.83	201.78	172.99
Restricted Cash	91.54	141.74	272.52	192.59	238.92
Other Current Assets	133.26	136.41	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	9.24	5.35	12.66	20.16	24.09
Total Assets	19,067	17,676	15,578	16,019	14,454
Accounts Payable	49.29	40.37	24.47	28.49	29.02
Accrued Expenses	191.29	185.45	180.02	138.51	137.77
Insurance & Annuity Liabilities	15,537	14,360	12,804	13,266	11,849
Unearned Premiums	71.47	63.15	18.81	11.16	11.8
Reinsurance Payable	1,180	1,237	882.04	866.34	875.48
Current Portion of Long-Term Debt	6.09	6.75	60.67	0.3	7.92
Current Income Taxes Payable	38.11	4.7	-	-	-
Long-Term Debt	700.48	717.08	699.78	759.29	610.91
Long-Term Leases	33.86	33.78	32.88	34.28	36.97
Long-Term Deferred Tax Liabilities	103.21	83.68	79.09	88.56	68.88
Other Long-Term Liabilities	124.62	117.86	101.26	81.77	71.04
Total Liabilities	18,095	16,906	14,938	15,338	13,754
Common Stock	266.59	225.28	220.67	220.67	220.67
Additional Paid-In Capital	130.86	57.18	3.92	227.65	-
Retained Earnings	573.89	485.78	413.68	230.92	345.68
Comprehensive Income & Other	-	-	-	-	132.45
Total Common Equity	971.34	768.23	638.27	679.24	698.79
Minority Interest	1.4	1.68	1.65	1.61	1.09
Shareholders' Equity	972.74	769.91	639.92	680.85	699.88
Total Liabilities & Equity	19,067	17,676	15,578	16,019	14,454
Filing Date Shares Outstanding	24.96	18.2	18.2	18.2	18.2
Total Common Shares Outstanding	24.96	18.2	18.2	18.2	18.2
Total Debt	740.43	757.6	793.34	793.87	655.79
Net Cash (Debt)	-111.09	-214.63	-335.8	-519.9	-183.49
Net Cash Per Share	-4.21	-8.21	-16.38	-28.57	-10.08
Book Value Per Share	38.92	42.22	35.07	37.33	38.40
Tangible Book Value	611.46	445.34	369.84	463.87	512.2
Tangible Book Value Per Share	24.50	24.47	20.32	25.49	28.15
Land	296.32	288.38	276.94	271.95	258.27
Machinery	144.82	130.97	119.84	115.08	107.71
Leasehold Improvements	21.95	21.79	21.61	21.45	21.15

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