Eurocommercial Properties Income Statement

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

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	230.26	228.86	219.73	215.28	199.31	198.34
Other Revenue	55.71	55.14	54.24	46.42	62.37	45.36
Total Revenue	285.96	284	273.97	261.69	261.68	243.7
Revenue Growth (YoY	3.46%	3.66%	4.69%	0.01%	7.38%	0.62%
Property Expenses	82.85	81.73	75.05	78.11	74.59	89
Selling, General & Administrative	14.68	14.85	15.25	13.74	14.54	12.83
Other Operating Expenses	-1.99	-1.79	-1.64	-1.56	-1.42	-3.06
Total Operating Expenses	95.54	94.79	88.65	90.29	87.7	98.77
Operating Income	190.42	189.21	185.32	171.4	173.98	144.94
Interest Expense	-45.93	-45.29	-73.18	-86.46	99.57	-1.07
Interest & Investment Income	0.77	0.7	0.97	1.58	0.93	0.01
Currency Exchange Gain (Loss)	-0.38	-0.38	0.08	0.19	-0.64	-0.45
Other Non-Operating Income	7	2.26	-1.55	-10.68	-8.61	-6.15
EBT Excluding Unusual Items	151.88	146.51	111.64	76.03	265.23	137.29
Gain (Loss) on Sale of Investments	-5.38	-4.8	-5.6	-2.72	-2.46	-0.5
Gain (Loss) on Sale of Assets	0.53	0.53	-0.76	0.03	-1.5	-0.99
Asset Writedown	68.1	67.96	109.91	-90.18	-14.13	-11.83
Other Unusual Items	-	-	-	-0.36	5.26	8.79
Pretax Income	215.13	210.2	215.18	-17.2	252.39	132.75
Income Tax Expense	88.43	85.83	38.36	8.9	45.88	26.77
Earnings From Continuing Operations	126.7	124.37	176.83	-26.1	206.51	105.97
Minority Interest in Earnings	-	-	-	-0.78	-5.78	-1.29
Net Income	126.7	124.37	176.83	-26.87	200.74	104.69
Net Income to Common	126.7	124.37	176.83	-26.87	200.74	104.69
Net Income Growth	-30.30%	-29.67%	-	-	91.75%	36.11%
Basic Shares Outstanding	54	54	54	53	53	53
Diluted Shares Outstanding	55	54	54	53	53	53
Shares Change (YoY)	1.52%	1.25%	1.36%	0.33%	0.06%	-0.08%
EPS (Basic)	2.33	2.30	3.30	-0.51	3.80	1.98
EPS (Diluted)	2.31	2.28	3.29	-0.51	3.80	1.98
EPS Growth	-31.57%	-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	66.59%	66.62%	67.64%	65.50%	66.49%	59.47%
Profit Margin	44.30%	43.79%	64.54%	-10.27%	76.71%	42.96%
EBITDA	191.15	189.98	185.93	171.96	174.72	145.84
EBITDA Margin	66.84%	66.89%	67.86%	65.71%	66.77%	59.84%
D&A For Ebitda	0.73	0.76	0.61	0.56	0.73	0.9
EBIT	190.42	189.21	185.32	171.4	173.98	144.94
EBIT Margin	66.59%	66.62%	67.64%	65.50%	66.49%	59.47%
Effective Tax Rate	41.11%	40.83%	17.82%	-	18.18%	20.17%
Revenue as Reported	276.4	274.22	263.11	256.86	243.51	237.74

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