Phoenix Financial 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	-	25,956	25,585	23,666	23,654	21,074
Investments in Equity & Preferred Securities	2,028	28,813	24,926	22,022	21,691	26,729
Other Investments	146,534	87,740	75,532	68,799	62,856	62,959
Total Investments	153,177	149,979	132,189	118,181	111,692	114,155
Cash & Equivalents	24,699	25,280	20,466	22,357	19,798	15,940
Reinsurance Recoverable	4,743	4,829	4,595	4,028	3,172	2,807
Other Receivables	10,460	7,760	5,662	4,530	4,301	3,260
Deferred Policy Acquisition Cost	1,970	1,841	1,466	2,686	2,453	2,011
Property, Plant & Equipment	1,541	1,499	1,776	1,460	1,151	902.24
Goodwill	-	2,351	2,091	1,926	1,599	1,518
Other Intangible Assets	4,295	1,846	1,741	1,672	1,392	1,257
Other Current Assets	-	2,435	2,765	2,845	1,884	1,662
Long-Term Deferred Tax Assets	101.51	119.56	101.98	109.33	72.65	67.65
Total Assets	200,986	197,940	172,852	159,795	147,517	143,580
Accounts Payable	-	299.76	197.54	194.04	198.05	156.34
Accrued Expenses	-	1,492	1,546	995.47	957.55	909.45
Insurance & Annuity Liabilities	161,688	161,359	140,431	128,791	119,941	120,945
Unearned Premiums	-	-	-	81.71	64.25	84.81
Reinsurance Payable	32.96	36.17	30.16	1,744	1,441	1,247
Short-Term Debt	-	6,391	4,876	3,913	2,127	746.7
Current Income Taxes Payable	330.58	115.27	112.14	74.41	64.79	28.53
Long-Term Debt	-	8,400	6,966	7,123	6,379	5,280
Long-Term Leases	-	182.93	168.16	123.08	109.74	123.23
Long-Term Deferred Tax Liabilities	793.5	996.85	738	764.32	589.9	873.3
Other Current Liabilities	2,917	3,973	4,884	4,286	4,419	2,624
Other Long-Term Liabilities	21,889	1,781	1,052	780.07	662.53	607.1
Total Liabilities	187,752	185,057	161,030	148,900	136,984	133,656
Common Stock	317.3	317.3	315.76	313.34	311.64	310.32
Additional Paid-In Capital	1,294	1,251	899.86	860.35	851.92	849.31
Retained Earnings	12,895	12,547	10,837	8,499	8,013	7,332
Treasury Stock	-665.17	-580.03	-376.89	-193.87	-155.63	-99.77
Comprehensive Income & Other	-1,037	-1,039	-185.65	1,101	1,124	1,262
Total Common Equity	12,805	12,496	11,490	10,580	10,145	9,653
Minority Interest	429.14	386.14	332.86	314.74	388.64	269.73
Shareholders' Equity	13,234	12,883	11,823	10,895	10,533	9,923
Total Liabilities & Equity	200,986	197,940	172,852	159,795	147,517	143,580
Filing Date Shares Outstanding	253.47	253.38	250.78	253.21	252.38	251.14
Total Common Shares Outstanding	253.47	253.38	250.78	253.21	252.38	251.14
Total Debt	-	14,974	12,010	11,159	8,617	6,150
Net Cash (Debt)	24,699	10,307	8,457	11,197	11,182	9,790
Net Cash Growth	322.35%	21.88%	-24.48%	0.14%	14.22%	45.56%
Net Cash Per Share	97.10	40.60	33.28	43.81	43.70	38.09
Book Value Per Share	50.52	49.32	45.82	41.78	40.20	38.44
Tangible Book Value	8,510	8,299	7,658	6,982	7,153	6,878
Tangible Book Value Per Share	33.57	32.75	30.53	27.58	28.34	27.39
Land	-	1,082	1,389	1,123	815.13	584.56
Machinery	-	892.75	847.08	782.7	709.96	627.81
Leasehold Improvements	-	66.46	82.64	77.79	73.42	68.86