Phoenix Financial Ltd (TLV:PHOE)

Phoenix Financial Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Investments in Debt Securities	17,351	23,079	23,666	23,654	21,074	20,018
Investments in Equity & Preferred Securities	2,686	24,926	22,022	21,691	26,729	19,132
Other Investments	13,581	78,947	68,799	62,856	62,959	54,089
Total Investments	139,437	130,812	118,181	111,692	114,155	98,046
Cash & Equivalents	23,908	20,466	22,357	19,798	15,940	12,010
Reinsurance Recoverable	4,476	3,917	4,028	3,172	2,807	2,532
Other Receivables	8,605	6,059	4,530	4,301	3,260	1,390
Deferred Policy Acquisition Cost	1,623	2,848	2,686	2,453	2,011	1,713
Property, Plant & Equipment	1,931	1,776	1,460	1,151	902.24	861.87
Goodwill	-	2,091	1,926	1,599	1,518	1,098
Other Intangible Assets	4,074	1,741	1,672	1,392	1,257	918.73
Other Current Assets	772.78	2,758	2,845	1,884	1,662	539.3
Long-Term Deferred Tax Assets	117.52	101.98	109.33	72.65	67.65	55.1
Total Assets	184,945	172,570	159,795	147,517	143,580	119,164
Accounts Payable	-	197.54	194.04	198.05	156.34	138.85
Accrued Expenses	-	1,485	995.47	957.55	909.45	593.45
Insurance & Annuity Liabilities	148,756	137,801	128,791	119,941	120,945	100,538
Unearned Premiums	-	91.07	81.71	64.25	84.81	84.47
Reinsurance Payable	33.13	1,682	1,744	1,441	1,247	1,051
Current Portion of Long-Term Debt	2,356	-	-	-	-	-
Short-Term Debt	5,541	4,876	3,913	2,127	746.7	470.11
Current Income Taxes Payable	370.69	112.14	74.41	64.79	28.53	63.44
Long-Term Debt	8,608	6,966	7,123	6,379	5,280	4,709
Long-Term Leases	195.69	168.16	123.08	109.74	123.23	105.39
Long-Term Deferred Tax Liabilities	854.45	975.98	764.32	589.9	873.3	897.8
Other Current Liabilities	2,805	4,863	4,286	4,419	2,624	1,951
Other Long-Term Liabilities	2,774	1,071	780.07	662.53	607.1	452.65
Total Liabilities	172,391	160,318	148,900	136,984	133,656	111,082
Common Stock	316.9	315.76	313.34	311.64	310.32	309.95
Additional Paid-In Capital	950.65	899.86	860.35	851.92	849.31	833.59
Retained Earnings	11,553	9,786	8,499	8,013	7,332	5,940
Treasury Stock	-429.05	-376.89	-193.87	-155.63	-99.77	-26.41
Comprehensive Income & Other	-207.64	1,285	1,101	1,124	1,262	913.04
Total Common Equity	12,184	11,909	10,580	10,145	9,653	7,970
Minority Interest	370.1	342.97	314.74	388.64	269.73	111.91
Shareholders' Equity	12,554	12,252	10,895	10,533	9,923	8,082
Total Liabilities & Equity	184,945	172,570	159,795	147,517	143,580	119,164
Filing Date Shares Outstanding	251.18	250.78	253.21	252.38	251.14	254.66
Total Common Shares Outstanding	251.18	250.78	253.21	252.38	251.14	254.66
Total Debt	16,700	12,010	11,159	8,617	6,150	5,284
Net Cash (Debt)	7,208	8,457	11,197	11,182	9,790	6,726
Net Cash Growth	-34.85%	-24.48%	0.14%	14.22%	45.56%	170.32%
Net Cash Per Share	28.44	33.28	43.81	43.70	38.09	26.28
Book Value Per Share	48.51	47.49	41.78	40.20	38.44	31.30
Tangible Book Value	8,110	8,077	6,982	7,153	6,878	5,953
Tangible Book Value Per Share	32.29	32.21	27.58	28.34	27.39	23.38
Land	-	1,389	1,123	815.13	584.56	569.6
Machinery	-	847.08	782.7	709.96	627.81	611.65
Leasehold Improvements	-	82.64	77.79	73.42	68.86	53.26

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.