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

TLV: 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	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Investments in Debt Securities	19,651	11,332	14,475	15,977	14,745	14,876
Investments in Equity & Preferred Securities	16,070	14,143	15,416	19,189	14,859	13,109
Other Investments	79,165	70,925	61,804	62,963	54,375	52,414
Total Investments	122,980	101,710	96,363	103,077	88,094	84,423
Cash & Equivalents	8,989	12,466	8,379	7,637	6,373	4,953
Reinsurance Recoverable	5,400	5,605	5,101	5,242	4,340	4,281
Other Receivables	3,529	12,009	13,023	9,889	9,510	9,860
Deferred Policy Acquisition Cost	3,358	3,114	2,916	2,667	2,513	2,495
Property, Plant & Equipment	1,404	1,391	1,345	1,380	1,380	1,399
Goodwill	-	1,066	1,021	1,013	957	967
Other Intangible Assets	2,612	1,237	1,157	1,040	840	696
Other Current Assets	-	807	746	444	371	283
Long-Term Deferred Tax Assets	30	20	21	18	9	12
Long-Term Deferred Charges	-	149	168	191	13	22
Other Long-Term Assets	5,352	5,232	5,031	5,073	5,346	5,326
Total Assets	153,654	144,806	135,271	137,671	119,746	114,717
Accounts Payable	5,861	218	223	231	208	189
Accrued Expenses	-	815	859	883	692	693
Insurance & Annuity Liabilities	115,466	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	1,190	1,134	661	906	454	530
Current Income Taxes Payable	117	31	23	46	99	45
Long-Term Debt	13,120	9,708	6,480	6,164	5,511	6,109
Long-Term Leases	-	-	-	-	-	57
Long-Term Deferred Tax Liabilities	931	947	924	1,450	1,200	1,182
Other Current Liabilities	7,788	6,168	6,078	3,381	1,834	804
Other Long-Term Liabilities	39	835	691	907	674	497
Total Liabilities	144,657	135,853	126,884	128,778	111,992	107,797
Common Stock	363	359	359	359	359	359
Retained Earnings	8,494	8,298	7,824	7,292	6,438	5,709
Treasury Stock	-419	-304	-237	-163	-123	-123
Comprehensive Income & Other	475	540	389	1,373	1,061	957
Total Common Equity	8,913	8,893	8,335	8,861	7,735	6,902
Minority Interest	84	60	52	32	19	18
Shareholders' Equity	8,997	8,953	8,387	8,893	7,754	6,920
Total Liabilities & Equity	153,654	144,806	135,271	137,671	119,746	114,717
Filing Date Shares Outstanding	207.14	207.43	211.09	212.89	214.38	214.38
Total Common Shares Outstanding	207.14	207.43	211.09	213.2	214.38	214.38
Total Debt	14,310	10,918	7,210	7,150	6,039	6,723
Net Cash (Debt)	-5,321	1,548	1,169	487	334	-1,770
Net Cash Growth	-	32.42%	140.04%	45.81%	-	-
Net Cash Per Share	-25.56	7.37	5.51	2.27	1.56	-8.26
Book Value Per Share	43.03	42.87	39.49	41.56	36.08	32.20
Tangible Book Value	6,301	6,590	6,157	6,808	5,938	5,239
Tangible Book Value Per Share	30.42	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.