Thursday, July 30, 2015

Largest Israeli HQd Companies Reporting in Israeli Shekels (NIS) 2014 Total Audited Earnings NIS 15.873 Bil, Up 20 Times Over Total Losses of NIS 0.834 Bil in 2008 ..... the Obama Admin, the US Fed, the US Congress and all Americans Have To Be Very Pleased

From a thorough review of US SEC filings, Tel Aviv Stock Exchange Company disclosures, the Google Finance Website and other Internet sources, I found 22 Israeli Headquartered Companies with Tel Aviv Stock Exchange Market Caps of at least NIS 2 Bil or with US Stock Market Capitalizations of at least US$100 mil and with all of their audited financial statements reported in local currency NIS.

I excluded the many Israeli Companies which only reported in Hebrew since I am not proficient in Hebrew.

These 22 Israeli Companies generated Total Audited Earnings From Continuing Operations of NIS 15.873 bil in 2014, which was up 20 Times above the NIS 0.834 bil of Total Losses in the Worldwide Financial Meltdown Year of 2008.

Below here are the reported US GAAP or IFRS Audited Net Income (Losses) of each of  these 22 Israeli Companies reporting in NIS for all of their fiscal years reported from 2008 through 2014:



2014 2013 2012 2011 2010 2009 2008


Most Audited Audited Audited Audited Audited Audited Audited

Israeli Recent Net Net Net Net Net Net Net
Israeli Companies Reporting City 2014 Income Income Income Income Income Income Income
in NIS (New Israeli Shekels) HQs FYE (Loss) (Loss) (Loss) (Loss) (Loss) (Loss) (Loss)



NIS mils NIS mils NIS mils NIS mils NIS mils NIS mils NIS mils










Bank Hapoalim Ltd Tel Aviv Dec     2,737     2,504     2,540     2,679     2,155     1,278     (1,554)
Bezeq The Israeli Telecommunications Corp Ltd Tel Aviv Dec     2,111     1,771     1,867     2,074     2,443     2,162        1,786
Bank Leumi Le Israel Tel Aviv Dec     1,514     2,024         959     1,937     2,373     2,125         (140)
B Communications Ltd Ramat Dec     1,131         939         793         128         323         147              53
Mizrahi Tefahot Bank Ltd Ramat Gan Dec     1,083     1,078     1,076     1,044         818         629           613
Gazit Globe Ltd Tel Aviv Dec     1,083     2,185     2,413     1,884     1,608         700     (2,659)
Internet Gold Golden Lines Ltd Ramat Gan Dec     1,044         860         719           38         220         100              (4)
Azrieli Group Ltd Tel Aviv Dec         786         906         954         596     1,224         956           594
Israel Discount Bank Ltd Tel Aviv Dec         640         911         861         918         760         990           333
Phoenix Holdings Ltd Givatayim Dec         531         760         280         125               259         240         (310)
First International Bank of Israel Tel Aviv Dec         496         576         585         512         509         602           192
Shikun & Binui Ltd Airport City Dec         457         393         448         444               545         232              90
Alony- Hetz Properties & Investments Ltd Ramat Gan Dec         416         445         453         405         494         478           (78)
Osem Investment Ltd Petah Tikva Dec         397         376         357         341         316         291           249
Harel Insurance Investments & Fiin Services Ltd Ramat Gan Dec         374         681         451         218         535         483         (265)
Cellcom Israel Ltd Netanya Dec         354         288         531         825     1,291     1,182           989
Strauss Group Ltd Petah Tikva Dec         334         331         325         233         302         318           507
Paz Oil Co Ltd Yakum Dec         173         113         185           57         464         580
Partner Communications Co Ltd Rosh-Ha'Ayin Dec         162         135         478         443     1,243     1,141        1,198
Delek Group Ltd Netanya Dec           98         168         (91)     3,256       (185)         752     (2,313)
Biondvax Pharmaceuticals Ltd Nes-Ziona Dec           (8)           (8)           (9)           (8)


Bioline RX Ltd Jerusalem Dec         (40)         (61)         (76)         (50)              7           62         (115)










Total all 22

  15,873   17,375   16,099   18,099   17,704   15,448         (834)










2014 Earnings % Increase Above 2008

2003%