Eurocommercial Properties Income Statement

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

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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
Rental Revenue	228.86	219.73	215.28	199.31	198.34
Other Revenue	55.14	54.24	46.42	62.37	45.36
Total Revenue	284	273.97	261.69	261.68	243.7
Revenue Growth (YoY	3.66%	4.69%	0.01%	7.38%	0.62%
Property Expenses	81.73	75.05	78.11	74.59	89
Selling, General & Administrative	14.85	15.25	13.74	14.54	12.83
Other Operating Expenses	-1.79	-1.64	-1.56	-1.42	-3.06
Total Operating Expenses	94.79	88.65	90.29	87.7	98.77
Operating Income	189.21	185.32	171.4	173.98	144.94
Interest Expense	-45.29	-73.18	-86.46	99.57	-1.07
Interest & Investment Income	0.7	0.97	1.58	0.93	0.01
Currency Exchange Gain (Loss)	-0.38	0.08	0.19	-0.64	-0.45
Other Non-Operating Income	2.26	-1.55	-10.68	-8.61	-6.15
EBT Excluding Unusual Items	146.51	111.64	76.03	265.23	137.29
Gain (Loss) on Sale of Investments	-4.8	-5.6	-2.72	-2.46	-0.5
Gain (Loss) on Sale of Assets	0.53	-0.76	0.03	-1.5	-0.99
Asset Writedown	67.96	109.91	-90.18	-14.13	-11.83
Other Unusual Items	-	-	-0.36	5.26	8.79
Pretax Income	210.2	215.18	-17.2	252.39	132.75
Income Tax Expense	85.83	38.36	8.9	45.88	26.77
Earnings From Continuing Operations	124.37	176.83	-26.1	206.51	105.97
Minority Interest in Earnings	-	-	-0.78	-5.78	-1.29
Net Income	124.37	176.83	-26.87	200.74	104.69
Net Income to Common	124.37	176.83	-26.87	200.74	104.69
Net Income Growth	-29.67%	-	-	91.75%	36.11%
Basic Shares Outstanding	54	54	53	53	53
Diluted Shares Outstanding	54	54	53	53	53
Shares Change (YoY)	1.25%	1.36%	0.33%	0.06%	-0.08%
EPS (Basic)	2.30	3.30	-0.51	3.80	1.98
EPS (Diluted)	2.28	3.29	-0.51	3.80	1.98
EPS Growth	-30.70%	-	-	91.86%	36.18%
Dividend Per Share	1.830	1.800	1.700	1.600	1.480
Dividend Growth	1.67%	5.88%	6.25%	8.09%	375.37%
Operating Margin	66.62%	67.64%	65.50%	66.49%	59.47%
Profit Margin	43.79%	64.54%	-10.27%	76.71%	42.96%
EBITDA	189.98	185.93	171.96	174.72	145.84
EBITDA Margin	66.89%	67.86%	65.71%	66.77%	59.84%
D&A For Ebitda	0.76	0.61	0.56	0.73	0.9
EBIT	189.21	185.32	171.4	173.98	144.94
EBIT Margin	66.62%	67.64%	65.50%	66.49%	59.47%
Effective Tax Rate	40.83%	17.82%	-	18.18%	20.17%
Revenue as Reported	274.22	263.11	256.86	243.51	237.74

Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.