NSI N.V. 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	73.87	72.73	71.2	71.31	77.51
Tenant Reimbursements	13.79	13.29	13.48	11.02	12.66
Total Revenue	87.66	86.02	84.67	82.33	90.17
Revenue Growth (YoY	1.91%	1.59%	2.85%	-8.69%	0.78%
Property Expenses	27.34	21.98	23.29	20.24	23.75
Selling, General & Administrative	8.41	8.3	9.12	8.57	7.61
Other Operating Expenses	-	2.96	2.96	2.77	3.14
Total Operating Expenses	35.75	33.24	35.37	31.57	34.51
Operating Income	51.91	52.78	49.3	50.76	55.66
Interest Expense	-8.93	-10.08	-11.05	-5.27	-6.68
Interest & Investment Income	0.01	0	0.04	0.28	0.05
Other Non-Operating Income	0.46	-0.97	-0.19	-0.34	-1.42
EBT Excluding Unusual Items	43.44	41.74	38.1	45.43	47.61
Gain (Loss) on Sale of Assets	3.72	2.34	5.39	0.03	10.21
Asset Writedown	-59.15	-28.69	-223.96	-76.83	63.15
Pretax Income	-11.98	15.38	-180.47	-31.37	120.96
Income Tax Expense	-2.19	3.01	-38.1	0	0
Earnings From Continuing Operations	-9.79	12.37	-142.37	-31.37	120.96
Net Income to Company	-9.79	12.37	-142.37	-31.37	120.96
Net Income	-9.79	12.37	-142.37	-31.37	120.96
Net Income to Common	-9.79	12.37	-142.37	-31.37	120.96
Basic Shares Outstanding	19	20	20	20	19
Diluted Shares Outstanding	19	20	20	20	19
Shares Change (YoY)	-1.09%	-2.63%	1.25%	1.90%	1.89%
EPS (Basic)	-0.51	0.63	-7.08	-1.58	6.20
EPS (Diluted)	-0.51	0.63	-7.08	-1.58	6.20
Dividend Per Share	1.570	1.570	1.520	2.160	2.160
Dividend Growth	-	3.29%	-29.63%	-	-
Operating Margin	59.21%	61.36%	58.22%	61.65%	61.73%
Profit Margin	-11.17%	14.38%	-168.14%	-38.10%	134.15%
EBITDA	52.5	53.08	49.61	51.11	55.71
EBITDA Margin	59.89%	61.71%	58.59%	62.08%	61.79%
D&A For Ebitda	0.6	0.3	0.31	0.35	0.05
EBIT	51.91	52.78	49.3	50.76	55.66
EBIT Margin	59.21%	61.36%	58.22%	61.65%	61.73%
Effective Tax Rate	-	19.58%	-	-	0.00%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.