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	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Investments in Debt Securities	148.07	118.63	75.67	51.63	32.37	-
Investments in Equity & Preferred Securities	0.52	0.04	0.53	-	-	-
Other Investments	234.19	91.39	72.92	8.45	10	10.5
Total Investments	382.77	210.06	149.12	60.08	42.38	10.5
Cash & Equivalents	170.46	136.61	67.15	85.38	25.85	11.34
Reinsurance Recoverable	475.67	449.17	438.72	268.41	125.95	51.86
Other Receivables	212.94	188.79	127.89	84.54	52.37	36.24
Deferred Policy Acquisition Cost	53.89	42.08	29.39	24.53	17.92	8.93
Property, Plant & Equipment	8.61	4.78	5.35	4.85	4.28	5.11
Other Intangible Assets	14.71	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	1,319	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	931.39	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	17.13	-	-	-	0.68	-
Long-Term Debt	40.13	20	-	-	-	-
Long-Term Leases	7.6	3.94	4.47	3.71	3.17	3.7
Long-Term Deferred Tax Liabilities	1.07	0.82	-	-	-	-
Other Current Liabilities	-	3.81	3.41	3.08	0.82	0.51
Other Long-Term Liabilities	216.79	9.63	23.3	17.32	14.81	7.46
Total Liabilities	1,214	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	34.05	-1.57	-10.72	-7.03	-10.24	-13.53
Comprehensive Income & Other	-	-	-	-	2	2
Shareholders' Equity	104.9	69.28	60.13	63.18	35.59	21.87
Total Liabilities & Equity	1,319	1,057	839.65	544.48	283.61	135.38
Filing Date Shares Outstanding	44.59	45.27	45.27	45.22	42.72	40
Total Common Shares Outstanding	44.59	45.27	45.27	45.22	42.72	40
Total Debt	47.73	23.94	4.47	3.71	3.17	3.7
Net Cash (Debt)	122.73	112.67	62.68	81.67	22.68	7.64
Net Cash Growth	113.48%	79.75%	-23.25%	260.15%	196.78%	-
Net Cash Per Share	2.50	2.49	1.39	1.85	0.54	0.19
Book Value Per Share	2.35	1.53	1.33	1.40	0.83	0.55
Tangible Book Value	90.19	55.45	49.99	55.53	28.59	15.97
Tangible Book Value Per Share	2.02	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.