Libra Insurance Company Ltd (TLV: LBRA)

Libra Insurance Company 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	140.13	118.63	75.67	51.63	32.37	-
Investments in Equity & Preferred Securities	0.37	0.04	0.53	-	-	-
Other Investments	209.97	91.39	72.92	8.45	10	10.5
Total Investments	350.47	210.06	149.12	60.08	42.38	10.5
Cash & Equivalents	152.45	136.61	67.15	85.38	25.85	11.34
Reinsurance Recoverable	461.95	449.17	438.72	268.41	125.95	51.86
Other Receivables	211.81	188.79	127.89	84.54	52.37	36.24
Deferred Policy Acquisition Cost	52.54	42.08	29.39	24.53	17.92	8.93
Property, Plant & Equipment	8.64	4.78	5.35	4.85	4.28	5.11
Other Intangible Assets	13.99	13.83	10.14	7.66	7	5.9
Other Current Assets	-	12.07	10.42	8.22	6	2.46
Long-Term Deferred Tax Assets	-	-	1.47	0.82	1.87	3.03
Total Assets	1,252	1,057	839.65	544.48	283.61	135.38
Accounts Payable	-	16.33	12.73	12.15	5.52	3.83
Accrued Expenses	-	4.83	3.59	3.06	4.92	1.14
Insurance & Annuity Liabilities	876.46	145.69	78.56	42.84	16.77	6.02
Unpaid Claims	-	0.25	-	-	-	-
Unearned Premiums	-	238.76	128.33	90.62	57.82	31.01
Reinsurance Payable	-	544	525.08	308.33	143.42	59.79
Current Income Taxes Payable	11.56	-	-	-	0.68	-
Long-Term Debt	40.14	20	-	-	-	-
Long-Term Leases	7.64	3.94	4.47	3.71	3.17	3.7
Long-Term Deferred Tax Liabilities	0.91	0.82	-	-	-	-
Other Current Liabilities	-	3.81	3.41	3.08	0.82	0.51
Other Long-Term Liabilities	221.33	9.63	23.3	17.32	14.81	7.46
Total Liabilities	1,158	988.11	779.52	481.3	248.02	113.52
Common Stock	68.85	68.85	68.85	68.21	43.83	-
Additional Paid-In Capital	2	2	2	2	-	33.4
Retained Earnings	22.9	-1.57	-10.72	-7.03	-10.24	-13.53
Comprehensive Income & Other	-	-	-	-	2	2
Shareholders' Equity	93.75	69.28	60.13	63.18	35.59	21.87
Total Liabilities & Equity	1,252	1,057	839.65	544.48	283.61	135.38
Filing Date Shares Outstanding	47.17	45.27	45.27	45.22	42.72	40
Total Common Shares Outstanding	47.17	45.27	45.27	45.22	42.72	40
Total Debt	47.78	23.94	4.47	3.71	3.17	3.7
Net Cash (Debt)	104.66	112.67	62.68	81.67	22.68	7.64
Net Cash Growth	138.57%	79.75%	-23.25%	260.15%	196.78%	-
Net Cash Per Share	2.16	2.49	1.39	1.85	0.54	0.19
Book Value Per Share	1.99	1.53	1.33	1.40	0.83	0.55
Tangible Book Value	79.76	55.45	49.99	55.53	28.59	15.97
Tangible Book Value Per Share	1.69	1.22	1.10	1.23	0.67	0.40
Machinery	-	2.66	2.54	2.38	2.04	1.91
Leasehold Improvements	-	0.34	0.3	0.26	0.13	0.12

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