Harel Insurance Investments & Financial Services Ltd (TLV: HARL)

HARL 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	19,644	11,332	14,475	15,977	14,745	14,876
Investments in Equity & Preferred Securities	15,644	14,143	15,416	19,189	14,859	13,109
Other Investments	72,949	70,925	61,804	62,963	54,375	52,414
Total Investments	116,148	101,710	96,363	103,077	88,094	84,423
Cash & Equivalents	9,231	12,466	8,379	7,637	6,373	4,953
Reinsurance Recoverable	5,420	5,605	5,101	5,242	4,340	4,281
Other Receivables	3,595	12,009	13,023	9,889	9,510	9,860
Deferred Policy Acquisition Cost	3,305	3,114	2,916	2,667	2,513	2,495
Property, Plant & Equipment	1,411	1,391	1,345	1,380	1,380	1,399
Goodwill	-	1,066	1,021	1,013	957	967
Other Intangible Assets	2,579	1,237	1,157	1,040	840	696
Other Current Assets	-	807	746	444	371	283
Long-Term Deferred Tax Assets	25	20	21	18	9	12
Long-Term Deferred Charges	-	149	168	191	13	22
Other Long-Term Assets	5,286	5,232	5,031	5,073	5,346	5,326
Total Assets	147,000	144,806	135,271	137,671	119,746	114,717
Accounts Payable	-	218	223	231	208	189
Accrued Expenses	-	815	859	883	692	693
Insurance & Annuity Liabilities	114,164	112,896	108,168	112,296	99,307	95,808
Unearned Premiums	-	212	199	185	193	258
Reinsurance Payable	-	2,550	2,245	1,948	1,481	1,316
Current Portion of Leases	-	76	69	80	74	27
Short-Term Debt	1,138	1,134	661	906	454	530
Current Income Taxes Payable	10	31	23	46	99	45
Long-Term Debt	10,155	9,708	6,480	6,164	5,511	6,109
Long-Term Leases	-	-	-	-	-	57
Long-Term Deferred Tax Liabilities	818	947	924	1,450	1,200	1,182
Other Current Liabilities	6,582	6,168	6,078	3,381	1,834	804
Other Long-Term Liabilities	5,309	835	691	907	674	497
Total Liabilities	138,315	135,853	126,884	128,778	111,992	107,797
Common Stock	361	359	359	359	359	359
Retained Earnings	8,315	8,298	7,824	7,292	6,438	5,709
Treasury Stock	-377	-304	-237	-163	-123	-123
Comprensive Income & Other	304	540	389	1,373	1,061	957
Total Common Equity	8,603	8,893	8,335	8,861	7,735	6,902
Minority Interest	82	60	52	32	19	18
Shareholders' Equity	8,685	8,953	8,387	8,893	7,754	6,920
Total Liabilities & Equity	147,000	144,806	135,271	137,671	119,746	114,717
Filing Date Shares Outstanding	207.46	207.43	211.09	212.89	214.38	214.38
Total Common Shares Outstanding	207.46	207.43	211.09	213.2	214.38	214.38
Total Debt	11,293	10,918	7,210	7,150	6,039	6,723
Net Cash (Debt)	-2,062	1,548	1,169	487	334	-1,770
Net Cash Growth	-	32.42%	140.04%	45.81%	-	-
Net Cash Per Share	-9.90	7.37	5.51	2.27	1.56	-8.26
Book Value Per Share	41.47	42.87	39.49	41.56	36.08	32.20
Tangible Book Value	6,024	6,590	6,157	6,808	5,938	5,239
Tangible Book Value Per Share	29.04	31.77	29.17	31.93	27.70	24.44
Land	-	1,301	1,256	1,269	1,269	1,253
Machinery	-	867	805	785	785	697
Leasehold Improvements	-	170	166	160	160	158

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