I.D.I. Insurance Company Ltd. (TLV: IDIN)

I.D.I. Insurance Company 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	3,019	2,494	1,993	1,868	1,949	2,132
Total Interest & Dividend Income	158.38	111.76	130.03	104.62	57.41	58.65
Gain (Loss) on Sale of Investments	43.77	43.77	-40.3	56.91	11.9	45.22
Other Revenue	74.52	75.3	80.44	85.77	100.52	96.19
Total Revenue	3,298	2,727	2,166	2,118	2,124	2,337
Revenue Growth (YoY)	28.62%	25.89%	2.27%	-0.27%	-9.12%	-3.03%
Policy Benefits	2,290	1,885	1,493	1,280	1,211	1,480
Policy Acquisition & Underwriting Costs	468.08	438.68	400.12	391.38	404.26	395.97
Selling, General & Administrative	188.6	182.41	169.51	167.49	168.09	161.69
Other Operating Expenses	0.08	0.02	1.58	0.35	0.87	0.72
Total Operating Expenses	2,947	2,506	2,064	1,839	1,784	2,038
Operating Income	351.42	221	102.3	279.32	340.05	298.95
Interest Expense	-19.63	-19.06	-22.44	-22.16	-24.85	-24.54
Currency Exchange Gain (Loss)	0.21	0.21	3.57	2.52	0.42	-3.74
EBT Excluding Unusual Items	332	202.14	83.43	259.69	315.61	270.67
Asset Writedown	1.01	1.01	29.38	41.48	-1.14	29.43
Other Unusual Items	-	-	-	-0.04	-0.2	-0.34
Pretax Income	333.01	203.15	112.81	301.12	314.27	299.76
Income Tax Expense	110.49	63.95	28.37	99.93	106.95	95.23
Net Income	222.51	139.21	84.44	201.2	207.32	204.53
Net Income to Common	222.51	139.21	84.44	201.2	207.32	204.53
Net Income Growth	47.25%	64.85%	-58.03%	-2.95%	1.37%	10.71%
Shares Outstanding (Basic)	15	15	15	15	15	15
Shares Outstanding (Diluted)	15	15	15	15	15	15
Shares Change (YoY)	0.17%	0.01%	-0.14%	0.17%	-	-
EPS (Basic)	15.16	9.49	5.75	13.71	14.13	13.94
EPS (Diluted)	15.12	9.48	5.75	13.69	14.13	13.94
EPS Growth	47.03%	64.87%	-58.00%	-3.10%	1.37%	10.71%
Free Cash Flow	217.01	183.89	-137.31	445.26	119.58	117.2
Free Cash Flow Per Share	14.75	12.53	-9.35	30.29	8.15	7.99
Dividend Per Share	13.432	7.152	2.726	7.507	7.496	7.500
Dividend Growth	146.38%	162.39%	-63.69%	0.15%	-0.06%	-
Operating Margin	10.65%	8.10%	4.72%	13.19%	16.01%	12.79%
Profit Margin	6.75%	5.10%	3.90%	9.50%	9.76%	8.75%
Free Cash Flow Margin	6.58%	6.74%	-6.34%	21.02%	5.63%	5.01%
EBITDA	363.98	232.03	115.45	347.09	402.29	353.36
EBITDA Margin	11.03%	8.51%	5.33%	16.39%	18.94%	15.12%
D&A For EBITDA	12.56	11.03	13.15	67.77	62.24	54.4
EBIT	351.42	221	102.3	279.32	340.05	298.95
EBIT Margin	10.65%	8.10%	4.72%	13.19%	16.01%	12.79%
Effective Tax Rate	33.18%	31.48%	25.15%	33.18%	34.03%	31.77%
Revenue as Reported	3,300	2,728	2,199	2,162	2,123	2,363

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