Eurocommercial Properties N.V. (AMS: ECMPA)

Eurocommercial Properties Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2020
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Jun 30, 2020
Rental Revenue	218.73	215.28	199.31	198.34	202.42	203.35
Other Revenue	47.54	46.42	62.37	45.36	39.78	23.96
Total Revenue	266.26	261.69	261.68	243.7	242.19	227.31
Revenue Growth (YoY	4.02%	0.01%	7.38%	0.62%	6.55%	-2.97%
Property Expenses	76.7	76.14	74.59	89	76.67	63.64
Selling, General & Administrative	14.88	15.71	14.54	12.83	14.21	11.06
Depreciation & Amortization	-	-	-	-	-	0.52
Other Operating Expenses	-1.76	-1.56	-1.42	-3.06	-2.7	0.42
Total Operating Expenses	89.82	90.29	87.7	98.77	88.18	75.64
Operating Income	176.44	171.4	173.98	144.94	154.01	151.67
Interest Expense	-90.96	-86.46	99.57	-1.07	-47.18	-49.35
Interest & Investment Income	1.14	1.58	0.93	0.01	0.17	0.03
Currency Exchange Gain (Loss)	0.19	0.19	-0.64	-0.45	0.54	0.13
Other Non-Operating Income	-27.27	-10.68	-8.61	-6.15	3.55	-0.09
EBT Excluding Unusual Items	59.53	76.03	265.23	137.29	111.09	102.4
Gain (Loss) on Sale of Investments	-3.37	-2.72	-2.46	-0.5	-	-1.59
Gain (Loss) on Sale of Assets	0.03	0.03	-1.5	-0.99	-5.91	-1.26
Asset Writedown	-47.25	-90.18	-14.13	-11.83	-99.49	-107.94
Other Unusual Items	-0.36	-0.36	5.26	8.79	1.94	0.15
Pretax Income	8.59	-17.2	252.39	132.75	7.63	-8.24
Income Tax Expense	8.37	8.9	45.88	26.77	-64.77	-7.09
Earnings From Continuing Operations	0.22	-26.1	206.51	105.97	72.41	-1.15
Minority Interest in Earnings	-	-0.78	-5.78	-1.29	4.51	5.53
Net Income	0.22	-26.87	200.74	104.69	76.91	4.38
Net Income to Common	0.22	-26.87	200.74	104.69	76.91	4.38
Net Income Growth	-99.41%	-	91.75%	36.11%	1656.77%	-94.13%
Basic Shares Outstanding	53	53	53	53	53	53
Diluted Shares Outstanding	54	53	53	53	53	53
Shares Change (YoY)	0.36%	0.33%	0.06%	-0.08%	0.41%	-1.29%
EPS (Basic)	0.00	-0.51	3.80	1.98	1.45	0.08
EPS (Diluted)	0.00	-0.51	3.80	1.98	1.45	0.08
EPS Growth	-99.50%	-	91.86%	36.18%	1649.60%	-94.07%
Dividend Per Share	1.740	1.700	1.600	1.480	0.311	-
Dividend Growth	6.10%	6.25%	8.09%	375.37%	-	-
Operating Margin	66.26%	65.50%	66.49%	59.47%	63.59%	66.72%
Profit Margin	0.08%	-10.27%	76.71%	42.96%	31.76%	1.93%
Free Cash Flow Margin	37.20%	44.71%	41.45%	39.58%	40.47%	33.62%
EBITDA	177.24	171.96	174.72	145.84	154.92	153.8
EBITDA Margin	66.56%	65.71%	66.77%	59.84%	63.96%	67.66%
D&A For Ebitda	0.8	0.56	0.73	0.9	0.91	2.13
EBIT	176.44	171.4	173.98	144.94	154.01	151.67
EBIT Margin	66.26%	65.50%	66.49%	59.47%	63.59%	66.72%
Effective Tax Rate	97.45%	-	18.18%	20.17%	-	-
Revenue as Reported	261.66	256.86	243.51	237.74	231.52	232.69

Source: S&P Capital IQ. Real Estate template. Financial Sources.