FRA:A35 Income Statement

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

Millions USD. 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	1,612	1,604	1,392	716.85	425.97
Total Interest Expense	1,225	1,249	1,065	440.52	202.9
Net Interest Income	387.51	354.91	327.1	276.33	223.07
Gain (Loss) on Sale of Loans & Receivables	-	-	-	-	6.54
Gain (Loss) on Sale of Investments	0.01	0.02	-	0.01	0.22
Other Revenue	17.68	17.33	20.04	30.28	12.17
Revenue Before Loan Losses	405.2	372.26	347.14	306.62	242
Provision for Loan Losses	32.86	11.58	0.86	1.32	-0.86
Revenue	372.34	360.68	346.28	305.29	242.86
Revenue Growth (YoY)	3.23%	4.16%	13.43%	25.71%	19.84%
Salaries & Employee Benefits	71.33	63.98	58.91	48.77	42.85
Cost of Services Provided	48.48	41.41	38.19	33.04	30.57
Other Operating Expenses	-3.17	-2.81	-3.92	-2.19	-3.02
Total Operating Expenses	116.63	102.57	93.18	79.62	70.4
Operating Income	255.71	258.1	253.1	225.68	172.46
EBT Excluding Unusual Items	255.71	258.1	253.1	225.68	172.46
Pretax Income	255.71	258.1	253.1	225.68	172.46
Income Tax Expense	48.3	50.91	53.1	47.54	36.37
Earnings From Continuing Ops.	207.42	207.19	200	178.14	136.09
Net Income	207.42	207.19	200	178.14	136.09
Preferred Dividends & Other Adjustments	24.92	26.77	27.17	27.17	24.68
Net Income to Common	182.49	180.43	172.84	150.98	111.41
Net Income Growth	0.11%	3.60%	12.27%	30.90%	18.98%
Shares Outstanding (Basic)	11	11	11	11	11
Shares Outstanding (Diluted)	11	11	11	11	11
Shares Change (YoY)	0.07%	0.35%	0.50%	0.34%	0.56%
EPS (Basic)	16.73	16.59	15.96	13.99	10.36
EPS (Diluted)	16.62	16.44	15.81	13.87	10.27
EPS Growth	1.09%	3.98%	13.99%	35.05%	16.71%
Free Cash Flow	80.06	607.37	375.8	809.27	436.41
Free Cash Flow Per Share	7.29	55.34	34.36	74.36	40.24
Dividend Per Share	6.000	5.600	4.400	3.800	3.520
Dividend Growth	7.14%	27.27%	15.79%	7.95%	10.00%
Operating Margin	68.68%	71.56%	73.09%	73.92%	71.01%
Profit Margin	49.01%	50.02%	49.91%	49.45%	45.88%
Free Cash Flow Margin	21.50%	168.40%	108.52%	265.08%	179.70%
Effective Tax Rate	18.89%	19.73%	20.98%	21.06%	21.09%

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