Ayalon Insurance Company Ltd (TLV:AYAL)

Ayalon Insurance Company 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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Investments in Debt Securities	420.43	916.72	917.12	681.93	641	612.71
Investments in Equity & Preferred Securities	26.33	25.8	22.22	14.31	96.66	140.97
Other Investments	5,632	4,523	3,820	3,266	3,365	2,815
Total Investments	13,348	11,544	10,278	9,095	9,769	8,482
Cash & Equivalents	596.43	629.34	542.97	457.54	273.97	472.3
Reinsurance Recoverable	3,782	4,796	4,795	3,905	4,074	3,776
Other Receivables	163.04	722.56	676.45	678.95	683.35	497.74
Deferred Policy Acquisition Cost	-	513.2	467.33	423.87	417.85	396.45
Property, Plant & Equipment	239.29	245.74	239.14	238.34	245.24	240.84
Goodwill	-	17.51	13.6	13.6	13.6	13.6
Other Intangible Assets	393.98	342.38	309.3	254.83	201.78	172.99
Restricted Cash	346.17	91.54	141.74	272.52	192.59	238.92
Other Current Assets	23.03	133.26	136.41	140.79	119.27	105.68
Long-Term Deferred Tax Assets	4.22	23.18	70.92	84.79	8.23	33.85
Other Long-Term Assets	-	9.24	5.35	12.66	20.16	24.09
Total Assets	18,901	19,067	17,676	15,578	16,019	14,454
Accounts Payable	-	49.29	40.37	24.47	28.49	29.02
Accrued Expenses	-	191.29	185.45	180.02	138.51	137.77
Insurance & Annuity Liabilities	16,280	15,537	14,360	12,804	13,266	11,849
Unearned Premiums	-	71.47	63.15	18.81	11.16	11.8
Reinsurance Payable	0.58	1,180	1,237	882.04	866.34	875.48
Current Portion of Long-Term Debt	3.83	6.09	6.75	60.67	0.3	7.92
Current Income Taxes Payable	24.18	38.11	4.7	-	-	-
Long-Term Debt	680.31	700.48	717.08	699.78	759.29	610.91
Long-Term Leases	28.93	33.86	33.78	32.88	34.28	36.97
Long-Term Deferred Tax Liabilities	198.62	103.21	83.68	79.09	88.56	68.88
Other Long-Term Liabilities	159.24	124.62	117.86	101.26	81.77	71.04
Total Liabilities	17,443	18,095	16,906	14,938	15,338	13,754
Common Stock	408.08	266.59	225.28	220.67	220.67	220.67
Additional Paid-In Capital	113.61	130.86	57.18	3.92	227.65	-
Retained Earnings	927.42	573.89	485.78	413.68	230.92	345.68
Comprehensive Income & Other	7.74	-	-	-	-	132.45
Total Common Equity	1,457	971.34	768.23	638.27	679.24	698.79
Minority Interest	1.4	1.4	1.68	1.65	1.61	1.09
Shareholders' Equity	1,458	972.74	769.91	639.92	680.85	699.88
Total Liabilities & Equity	18,901	19,067	17,676	15,578	16,019	14,454
Filing Date Shares Outstanding	27.23	24.96	18.2	18.2	18.2	18.2
Total Common Shares Outstanding	27.23	24.96	18.2	18.2	18.2	18.2
Total Debt	713.08	740.43	757.6	793.34	793.87	655.79
Net Cash (Debt)	-116.65	-111.09	-214.63	-335.8	-519.9	-183.49
Net Cash Per Share	-4.44	-4.21	-8.21	-16.38	-28.57	-10.08
Book Value Per Share	53.49	38.92	42.22	35.07	37.33	38.40
Tangible Book Value	1,063	611.46	445.34	369.84	463.87	512.2
Tangible Book Value Per Share	39.03	24.50	24.47	20.32	25.49	28.15
Land	-	296.32	288.38	276.94	271.95	258.27
Machinery	-	144.82	130.97	119.84	115.08	107.71
Leasehold Improvements	-	21.95	21.79	21.61	21.45	21.15

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