Ayalon Insurance Company Ltd (TLV: AYAL)

Ayalon Insurance Company Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Investments in Debt Securities	868.52	851.26	681.93	641	612.71	652.95
Investments in Equity & Preferred Securities	21.31	22.22	14.31	96.66	140.97	140.38
Other Investments	3,442	3,296	3,266	3,365	2,815	2,938
Total Investments	10,036	9,647	9,095	9,769	8,482	8,528
Cash & Equivalents	510.91	410.07	457.54	273.97	472.3	285.39
Reinsurance Recoverable	3,534	3,892	3,905	4,074	3,776	3,064
Other Receivables	1,148	648.98	678.95	683.35	497.74	583.62
Deferred Policy Acquisition Cost	494.35	437.53	423.87	417.85	396.45	402.1
Property, Plant & Equipment	237.83	237.76	238.34	245.24	240.84	256.28
Goodwill	-	13.6	13.6	13.6	13.6	13.6
Other Intangible Assets	333.18	292.72	254.83	201.78	172.99	132.09
Restricted Cash	100.35	141.74	272.52	192.59	238.92	183.51
Other Current Assets	-	142.51	140.79	119.27	105.68	98.21
Long-Term Deferred Tax Assets	66.35	70.92	84.79	8.23	33.85	16.47
Other Long-Term Assets	-	5.35	12.66	20.16	24.09	28.25
Total Assets	16,462	15,941	15,578	16,019	14,454	13,592
Accounts Payable	-	18.84	24.47	28.49	29.02	21.02
Accrued Expenses	-	173.96	180.02	138.51	137.77	125.3
Insurance & Annuity Liabilities	13,378	13,241	12,804	13,266	11,849	11,082
Unearned Premiums	-	18.85	18.81	11.16	11.8	14.28
Reinsurance Payable	777.38	798.11	882.04	866.34	875.48	747.51
Current Portion of Long-Term Debt	64.13	6.75	60.67	0.3	7.92	0.33
Current Income Taxes Payable	20.93	4.7	-	-	-	-
Long-Term Debt	697.5	697.08	699.78	759.29	610.91	604.91
Long-Term Leases	30.81	33.66	32.88	34.28	36.97	55.2
Long-Term Deferred Tax Liabilities	82.09	81.27	79.09	88.56	68.88	59.4
Other Long-Term Liabilities	568.21	107.82	101.26	81.77	71.04	83.47
Total Liabilities	15,680	15,236	14,938	15,338	13,754	12,847
Common Stock	220.67	220.67	220.67	220.67	220.67	220.67
Additional Paid-In Capital	-	-	3.92	227.65	-	-
Retained Earnings	581.35	490.04	413.68	230.92	345.68	408.79
Comprensive Income & Other	-21.65	-7.22	-	-	132.45	114.08
Total Common Equity	780.37	703.49	638.27	679.24	698.79	743.55
Minority Interest	1.7	1.68	1.65	1.61	1.09	1.06
Shareholders' Equity	782.07	705.17	639.92	680.85	699.88	744.61
Total Liabilities & Equity	16,462	15,941	15,578	16,019	14,454	13,592
Filing Date Shares Outstanding	22.8	18.2	18.2	18.2	18.2	18.2
Total Common Shares Outstanding	18.2	18.2	18.2	18.2	18.2	18.2
Total Debt	792.44	737.48	793.34	793.87	655.79	660.44
Net Cash (Debt)	-281.54	-327.41	-335.8	-519.9	-183.49	-375.05
Net Cash Per Share	-12.30	-15.20	-18.45	-28.57	-10.08	-20.61
Book Value Per Share	42.88	38.66	35.07	37.33	38.40	40.86
Tangible Book Value	447.19	397.17	369.84	463.87	512.2	597.86
Tangible Book Value Per Share	24.57	21.83	20.32	25.49	28.15	32.85
Land	-	285.46	276.94	271.95	258.27	262.57
Machinery	-	126.67	119.84	115.08	107.71	100.1
Leasehold Improvements	-	21.79	21.61	21.45	21.15	24.63

Source: S&P Capital IQ. Insurance template. Financial Sources.