Clal Insurance Enterprises Holdings Ltd. (TLV: CLIS)

TLV: CLIS Income Statement

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
Premiums & Annuity Revenue	8,922	9,495	9,844	9,012	8,028	8,401
Total Interest & Dividend Income	7,909	3,660	2,757	2,088	1,140	1,429
Gain (Loss) on Sale of Investments	6,065	5,571	-6,948	11,766	3,983	8,283
Non-Insurance Activities Revenue	1,474	1,083	-	-	-	-
Other Revenue	432	390	384	339	311.91	283.97
Total Revenue	26,087	21,458	7,235	24,980	14,709	19,806
Revenue Growth (YoY)	33.62%	196.59%	-71.04%	69.83%	-25.74%	75.77%
Policy Benefits	18,950	15,391	3,741	20,273	11,016	16,800
Policy Acquisition & Underwriting Costs	2,301	2,084	1,970	1,799	1,744	1,802
Selling, General & Administrative	1,675	1,604	1,152	1,160	1,121	1,090
Provision for Bad Debts	217	411	-	-	-	-
Non-Insurance Activities Expense	1,185	905	-	-	-	-
Other Operating Expenses	49	40	18	9	9.06	9.63
Total Operating Expenses	24,394	20,452	6,896	23,265	13,890	19,701
Operating Income	1,693	1,006	339	1,715	819.08	105.58
Interest Expense	-736	-584	-213	-219	-160.67	-176.89
Earnings From Equity Investments	11	8	3	29	-4.19	-7.13
Currency Exchange Gain (Loss)	12	12	27	-9	-48.13	-29.47
Other Non Operating Income (Expenses)	-68	-69	-	-	-0.39	-0.99
EBT Excluding Unusual Items	912	373	156	1,516	605.7	-108.89
Asset Writedown	-26	-26	39	82	-19.76	-11.78
Other Unusual Items	-	-	-	-17	-	-65.15
Pretax Income	886	347	195	1,581	585.94	-185.82
Income Tax Expense	317	124	68	494	143.27	-58.9
Earnings From Continuing Ops.	569	223	127	1,087	442.66	-126.93
Net Income to Company	569	223	127	1,087	442.66	-126.93
Minority Interest in Earnings	-6	-3	-6	-5	-3.99	-3.27
Net Income	563	220	121	1,082	438.68	-130.2
Net Income to Common	563	220	121	1,082	438.68	-130.2
Net Income Growth	621.79%	81.82%	-88.82%	146.65%	-	-
Shares Outstanding (Basic)	79	78	74	68	68	56
Shares Outstanding (Diluted)	79	79	74	68	68	56
Shares Change (YoY)	1.71%	6.33%	9.72%	0.14%	20.70%	0.84%
EPS (Basic)	7.12	2.83	1.64	16.00	6.48	-2.32
EPS (Diluted)	7.12	2.79	1.62	15.97	6.48	-2.32
EPS Growth	616.79%	72.22%	-89.86%	146.45%	-	-
Free Cash Flow	1,684	-4,344	-2,609	7,061	-1,276	3,091
Free Cash Flow Per Share	21.28	-54.96	-35.10	104.23	-18.86	55.16
Operating Margin	6.49%	4.69%	4.69%	6.87%	5.57%	0.53%
Profit Margin	2.16%	1.03%	1.67%	4.33%	2.98%	-0.66%
Free Cash Flow Margin	6.46%	-20.24%	-36.06%	28.27%	-8.68%	15.61%
EBITDA	1,786	1,065	374	2,040	1,139	427.98
EBITDA Margin	6.85%	4.96%	5.17%	8.17%	7.74%	2.16%
D&A For EBITDA	93	59	35	325	319.86	322.4
EBIT	1,693	1,006	339	1,715	819.08	105.58
EBIT Margin	6.49%	4.69%	4.69%	6.87%	5.57%	0.53%
Effective Tax Rate	35.78%	35.73%	34.87%	31.25%	24.45%	-
Revenue as Reported	26,093	21,464	7,329	25,057	14,637	19,776

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