Maroc Leasing Income Statement

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

Millions MAD. 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
Interest and Dividend Income	1.59	0.52	1.42	1.52	2.26
Total Interest Expense	460.17	425.33	403.73	382.38	370.02
Net Interest Income	-458.59	-424.82	-402.31	-380.87	-367.76
Other Revenue	4,412	4,098	3,989	3,772	3,763
Revenue Before Loan Losses	3,954	3,673	3,586	3,391	3,395
Provision for Loan Losses	67.75	92.48	116.84	95.79	117.01
Revenue	3,886	3,581	3,470	3,295	3,278
Revenue Growth (YoY)	8.53%	3.20%	5.30%	0.51%	4.73%
Salaries & Employee Benefits	58.74	56.03	52.98	50.71	48.72
Cost of Services Provided	3,597	3,323	3,205	3,081	3,049
Other Operating Expenses	16.34	6.82	20.25	0.24	23.72
Total Operating Expenses	3,682	3,397	3,288	3,141	3,129
Operating Income	203.73	183.39	181.31	153.67	149.27
EBT Excluding Unusual Items	203.73	183.39	181.31	153.67	149.27
Other Unusual Items	-11.45	-8.41	-1.7	-34.58	-3
Pretax Income	192.28	174.97	179.61	119.09	146.27
Income Tax Expense	84.99	69.67	75.44	50.21	55.53
Net Income	107.3	105.3	104.17	68.88	90.74
Net Income to Common	107.3	105.3	104.17	68.88	90.74
Net Income Growth	1.89%	1.09%	51.24%	-24.09%	367.59%
Shares Outstanding (Basic)	3	3	3	-	-
Shares Outstanding (Diluted)	3	3	3	-	-
Shares Change (YoY)	-0.72%	1.09%	-	-	-
EPS (Basic)	39.00	38.00	38.00	-	-
EPS (Diluted)	39.00	38.00	38.00	-	-
EPS Growth	2.63%	0%	-	-	-
Free Cash Flow	38.87	38.87	38.87	38.87	33.31
Free Cash Flow Per Share	14.13	14.03	14.18	-	-
Dividend Per Share	-	14.000	14.000	14.000	-
Operating Margin	5.24%	5.12%	5.23%	4.66%	4.55%
Profit Margin	2.76%	2.94%	3.00%	2.09%	2.77%
Free Cash Flow Margin	1.00%	1.09%	1.12%	1.18%	1.02%
Effective Tax Rate	44.20%	39.82%	42.00%	42.16%	37.97%