TLV:HARL Balance Sheet

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

Millions ILS. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Investments in Debt Securities	8,902	8,955	10,093	11,332	14,475	15,977
Investments in Equity & Preferred Securities	23,330	20,035	15,002	14,143	15,416	19,189
Other Investments	60,294	60,832	58,193	70,925	61,804	62,963
Total Investments	135,266	133,252	131,165	101,710	96,363	103,077
Cash & Equivalents	10,222	12,976	9,858	12,466	8,379	7,637
Reinsurance Recoverable	2,776	2,673	2,671	5,605	5,101	5,242
Other Receivables	10,180	8,969	6,906	12,009	13,023	9,889
Deferred Policy Acquisition Cost	-	-	-	3,114	2,916	2,667
Property, Plant & Equipment	1,388	1,371	1,394	1,391	1,345	1,380
Goodwill	-	1,357	1,337	1,066	1,021	1,013
Other Intangible Assets	2,946	1,479	1,427	1,237	1,157	1,040
Other Current Assets	-	428	462	807	746	444
Long-Term Deferred Tax Assets	25	25	41	20	21	18
Long-Term Deferred Charges	1,058	1,101	932	149	168	191
Other Long-Term Assets	-	-	-	5,232	5,031	5,073
Total Assets	163,861	163,631	156,193	144,806	135,271	137,671
Accounts Payable	-	271	127	218	223	231
Accrued Expenses	-	1,067	1,042	815	859	883
Insurance & Annuity Liabilities	95,154	97,399	94,012	112,896	108,168	112,296
Unearned Premiums	-	-	-	212	199	185
Reinsurance Payable	463	577	464	2,550	2,245	1,948
Current Portion of Leases	-	33	33	76	69	80
Short-Term Debt	3,187	2,797	3,746	1,134	661	906
Current Income Taxes Payable	141	247	26	31	23	46
Long-Term Debt	20,750	19,708	14,614	9,708	6,480	6,164
Long-Term Leases	-	60	58	-	-	-
Long-Term Deferred Tax Liabilities	1,414	1,490	1,472	947	924	1,450
Other Current Liabilities	4,502	3,309	8,166	6,168	6,078	3,381
Other Long-Term Liabilities	25,896	24,336	22,344	835	691	907
Total Liabilities	151,649	151,439	146,243	135,853	126,884	128,778
Common Stock	432	426	392	359	359	359
Retained Earnings	12,280	12,261	9,655	8,298	7,824	7,292
Treasury Stock	-699	-681	-430	-304	-237	-163
Comprehensive Income & Other	177	162	246	540	389	1,373
Total Common Equity	12,190	12,168	9,863	8,893	8,335	8,861
Minority Interest	22	24	87	60	52	32
Shareholders' Equity	12,212	12,192	9,950	8,953	8,387	8,893
Total Liabilities & Equity	163,861	163,631	156,193	144,806	135,271	137,671
Filing Date Shares Outstanding	205.99	205.8	207.39	207.43	211.09	212.89
Total Common Shares Outstanding	205.99	205.8	207.39	207.43	211.09	213.2
Total Debt	23,937	22,598	18,451	10,918	7,210	7,150
Net Cash (Debt)	-13,715	-9,622	-8,593	1,548	1,169	487
Net Cash Growth	-	-	-	32.42%	140.04%	45.81%
Net Cash Per Share	-64.06	-45.00	-41.34	7.37	5.51	2.27
Book Value Per Share	59.18	59.13	47.56	42.87	39.49	41.56
Tangible Book Value	9,244	9,332	7,099	6,590	6,157	6,808
Tangible Book Value Per Share	44.88	45.35	34.23	31.77	29.17	31.93
Land	-	1,280	1,298	1,301	1,256	1,269
Machinery	-	930	904	867	805	785
Leasehold Improvements	-	163	158	170	166	160