Wereldhave 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	183.82	166.9	157.96	140.92	161.84
Other Revenue	32.04	25.22	26.2	21.75	28.93
Total Revenue	215.86	192.12	184.16	162.67	190.77
Revenue Growth (YoY	12.36%	4.32%	13.21%	-14.73%	-13.44%
Property Expenses	61.36	47.53	52.22	41.95	66.1
Selling, General & Administrative	14.34	20.35	24.17	22.92	18.89
Other Operating Expenses	0.62	0.07	0.64	3.37	0.21
Total Operating Expenses	76.32	67.95	77.02	68.24	85.2
Operating Income	139.54	124.17	107.14	94.43	105.57
Interest Expense	-40.45	-36.86	-31.02	-23.56	-24.76
Interest & Investment Income	0.28	0.28	-	0.05	0.01
Income (Loss) on Equity Investments	1.27	-	-	-	-
Currency Exchange Gain (Loss)	-	0.01	-0.06	0.11	0.07
Other Non-Operating Income	0.91	-4.28	-3.79	13.69	-1.2
EBT Excluding Unusual Items	101.54	83.32	72.27	84.73	79.69
Gain (Loss) on Sale of Assets	-2.3	-0.1	-0.14	-4.52	-228.44
Asset Writedown	3.01	52.9	17.46	-4.07	-65.88
Pretax Income	102.24	136.12	89.59	76.14	-214.63
Income Tax Expense	15.95	-3.64	0.28	0.13	-1.34
Earnings From Continuing Operations	86.3	139.76	89.31	76.01	-213.29
Net Income to Company	86.3	139.76	89.31	76.01	-213.29
Minority Interest in Earnings	-12.96	-23.92	-9.89	-18.74	-12.96
Net Income	73.34	115.84	79.42	57.27	-226.25
Net Income to Common	73.34	115.84	79.42	57.27	-226.25
Net Income Growth	-36.69%	45.86%	38.69%	-	-
Basic Shares Outstanding	46	44	40	40	40
Diluted Shares Outstanding	46	44	40	40	40
Shares Change (YoY)	4.69%	8.24%	0.55%	0.05%	-0.16%
EPS (Basic)	1.60	2.65	1.97	1.43	-5.64
EPS (Diluted)	1.60	2.65	1.97	1.43	-5.64
EPS Growth	-39.62%	34.53%	37.84%	-	-
Dividend Per Share	1.300	1.250	1.200	1.160	1.100
Dividend Growth	4.00%	4.17%	3.45%	5.46%	120.00%
Operating Margin	64.64%	64.63%	58.18%	58.05%	55.34%
Profit Margin	33.98%	60.30%	43.13%	35.20%	-118.60%
EBITDA	140.78	124.42	107.27	94.73	105.99
EBITDA Margin	65.22%	64.76%	58.25%	58.24%	55.56%
D&A For Ebitda	1.24	0.25	0.14	0.3	0.42
EBIT	139.54	124.17	107.14	94.43	105.57
EBIT Margin	64.64%	64.63%	58.18%	58.05%	55.34%
Effective Tax Rate	15.60%	-	0.31%	0.18%	-
Revenue as Reported	215.86	192.12	184.16	162.67	190.77

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