Direct Insurance - Financial Investments Ltd. reported audited consolidated earnings results for the year ended December 31, 2011. For the period, the company's total income was NIS 1,484,834,000 compared to NIS 1,509,708,000 a year ago. Income before taxes on income was NIS 87,948,000 compared to NIS 185,876,000 a year ago. Profit from continuing activities was NIS 25,692,000 compared to NIS 114,720,000 a year ago. Net income was NIS 25,692,000 compared to NIS 141,933,000 a year ago. Net loss attributed to company shareholders was NIS 3,862,000 or NIS 0.06 per basic and diluted share compared to net income attributed to company shareholders of NIS 92,662,000 or NIS 1.54 per basic and diluted share a year ago. Basic and diluted loss, net from continuing activities was NIS 0.06 per share compared to earnings of NIS 1.13 per share a year ago. Cash flows provided by from current activities was NIS 75,928,000 compared to cash flows used in from current activities of NIS 287,525,000 a year ago. Acquisition of fixed assets was NIS 20,765,000 compared to NIS 10,189,000 a year ago. Acquisition of investment property and real estate under construction was NIS 59,422,000 compared to NIS 57,812,000 a year ago. Investment in intangible assets was NIS 22,808,000 compared to NIS 13,804,000 a year ago.