Cofinimmo 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	354.48	352.01	347.92	323.89	299.61
Tenant Reimbursements	39.19	43.45	48.58	42.53	41.2
Other Revenue	-11.91	-3.74	-7.53	1.29	2.31
Total Revenue	381.76	391.72	388.97	367.71	343.12
Revenue Growth (YoY	-2.54%	0.71%	5.78%	7.17%	17.21%
Property Expenses	95.9	93	102.11	92.96	84.93
Selling, General & Administrative	14.91	13.45	14.49	13.71	11.5
Other Operating Expenses	13.67	7.51	-2.69	25.29	31.46
Total Operating Expenses	124.47	113.96	113.9	131.96	127.89
Operating Income	257.28	277.76	275.07	235.74	215.22
Interest Expense	-37.58	-72.78	-70.62	-23.73	-18.54
Interest & Investment Income	16.79	12.54	13.14	11.39	10
Other Non-Operating Income	-1.36	34.67	32.68	-8.6	-8.06
EBT Excluding Unusual Items	235.13	252.18	250.27	214.8	198.63
Impairment of Goodwill	-	-	-27.34	-14.29	-5.2
Gain (Loss) on Sale of Investments	-9.63	-28.35	-79.48	216.45	40.97
Gain (Loss) on Sale of Assets	0.33	-15.58	-4.05	4.49	7.77
Total Insurance Settlements	-	1.39	0.65	0.91	0.47
Asset Writedown	1.87	-123.29	-181.65	77.46	34.51
Other Unusual Items	-	-6.09	-5.54	-5.89	-3.59
Pretax Income	227.7	80.27	-47.13	493.94	273.55
Income Tax Expense	9.18	7.12	7.04	11.37	10.55
Earnings From Continuing Operations	218.52	73.15	-54.17	482.57	263
Minority Interest in Earnings	-5.06	-9.26	-1.33	0.37	-2.67
Net Income	213.46	63.89	-55.5	482.94	260.34
Net Income to Common	213.46	63.89	-55.5	482.94	260.34
Net Income Growth	234.11%	-	-	85.50%	118.36%
Basic Shares Outstanding	38	38	34	32	30
Diluted Shares Outstanding	38	38	34	33	30
Shares Change (YoY)	1.46%	10.17%	4.64%	7.76%	5.85%
EPS (Basic)	5.61	1.70	-1.63	15.09	8.78
EPS (Diluted)	5.61	1.70	-1.63	14.79	8.68
EPS Growth	229.74%	-	-	70.45%	111.99%
Dividend Per Share	5.200	6.200	6.200	6.200	6.000
Dividend Growth	-16.13%	-	-	3.33%	3.45%
Operating Margin	67.40%	70.91%	70.72%	64.11%	62.73%
Profit Margin	55.92%	16.31%	-14.27%	131.34%	75.88%
EBITDA	257.66	278.13	275.51	238.2	215.5
EBITDA Margin	67.49%	71.00%	70.83%	64.78%	62.81%
D&A For Ebitda	0.38	0.38	0.44	2.46	0.28
EBIT	257.28	277.76	275.07	235.74	215.22
EBIT Margin	67.39%	70.91%	70.72%	64.11%	62.73%
Effective Tax Rate	4.03%	8.87%	-	2.30%	3.85%

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