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	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Investments in Debt Securities	927.95	851.26	681.93	641	612.71	652.95
Investments in Equity & Preferred Securities	21.8	22.22	14.31	96.66	140.97	140.38
Other Investments	4,317	3,296	3,266	3,365	2,815	2,938
Total Investments	11,108	9,647	9,095	9,769	8,482	8,528
Cash & Equivalents	714.74	410.07	457.54	273.97	472.3	285.39
Reinsurance Recoverable	4,606	3,892	3,905	4,074	3,776	3,064
Other Receivables	1,418	648.98	678.95	683.35	497.74	583.62
Deferred Policy Acquisition Cost	539.59	437.53	423.87	417.85	396.45	402.1
Property, Plant & Equipment	236.58	237.76	238.34	245.24	240.84	256.28
Goodwill	-	13.6	13.6	13.6	13.6	13.6
Other Intangible Assets	353.79	292.72	254.83	201.78	172.99	132.09
Restricted Cash	90.66	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	45.01	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	19,114	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	15,158	13,241	12,804	13,266	11,849	11,082
Unearned Premiums	-	18.85	18.81	11.16	11.8	14.28
Reinsurance Payable	1,186	798.11	882.04	866.34	875.48	747.51
Current Portion of Long-Term Debt	23.12	6.75	60.67	0.3	7.92	0.33
Current Income Taxes Payable	28.6	4.7	-	-	-	-
Long-Term Debt	700.88	697.08	699.78	759.29	610.91	604.91
Long-Term Leases	30.66	33.66	32.88	34.28	36.97	55.2
Long-Term Deferred Tax Liabilities	88.04	81.27	79.09	88.56	68.88	59.4
Other Long-Term Liabilities	878.7	107.82	101.26	81.77	71.04	83.47
Total Liabilities	18,162	15,236	14,938	15,338	13,754	12,847
Common Stock	266.59	220.67	220.67	220.67	220.67	220.67
Additional Paid-In Capital	78.4	-	3.92	227.65	-	-
Retained Earnings	605.26	490.04	413.68	230.92	345.68	408.79
Comprehensive Income & Other	-	-7.22	-	-	132.45	114.08
Total Common Equity	950.25	703.49	638.27	679.24	698.79	743.55
Minority Interest	1.72	1.68	1.65	1.61	1.09	1.06
Shareholders' Equity	951.97	705.17	639.92	680.85	699.88	744.61
Total Liabilities & Equity	19,114	15,941	15,578	16,019	14,454	13,592
Filing Date Shares Outstanding	24.96	18.2	18.2	18.2	18.2	18.2
Total Common Shares Outstanding	24.96	18.2	18.2	18.2	18.2	18.2
Total Debt	754.65	737.48	793.34	793.87	655.79	660.44
Net Cash (Debt)	-39.91	-327.41	-335.8	-519.9	-183.49	-375.05
Net Cash Per Share	-1.75	-15.20	-18.45	-28.57	-10.08	-20.61
Book Value Per Share	38.07	38.66	35.07	37.33	38.40	40.86
Tangible Book Value	596.46	397.17	369.84	463.87	512.2	597.86
Tangible Book Value Per Share	23.90	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.