MPICO Income Statement

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

Millions MWK. 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	9,308	8,061	6,883	6,841	6,614
Gain (Loss) on Sale of Assets (Rev)	0.74	15	-	-	-
Other Revenue	445.47	496.44	452.58	148.16	141.61
Total Revenue	9,755	8,573	7,335	6,989	6,755
Revenue Growth (YoY	13.79%	16.87%	4.95%	3.46%	2.27%
Property Expenses	7,361	6,033	5,300	4,583	4,723
Selling, General & Administrative	125.12	101.03	80.48	-	-
Total Operating Expenses	7,607	6,094	5,546	4,855	4,791
Operating Income	2,147	2,479	1,789	2,134	1,965
Interest Expense	-734.26	-842.15	-880.47	-720.91	-737.44
Interest & Investment Income	2,087	1,184	1,098	900.85	1,036
EBT Excluding Unusual Items	3,500	2,820	2,006	2,314	2,264
Asset Writedown	19,626	12,070	8,932	6,691	5,426
Pretax Income	23,126	14,890	10,938	9,005	7,689
Income Tax Expense	3,808	2,706	3,871	867.78	1,267
Earnings From Continuing Operations	19,318	12,185	7,067	8,137	6,423
Minority Interest in Earnings	-5,738	-3,644	-1,598	-2,411	-1,717
Net Income	13,580	8,540	5,469	5,726	4,706
Net Income to Common	13,580	8,540	5,469	5,726	4,706
Net Income Growth	59.02%	56.16%	-4.50%	21.69%	11.22%
Basic Shares Outstanding	2,298	2,298	2,298	2,298	2,298
Diluted Shares Outstanding	2,298	2,298	2,298	2,298	2,298
EPS (Basic)	5.91	3.72	2.38	2.49	2.05
EPS (Diluted)	5.91	3.72	2.38	2.49	2.05
EPS Growth	59.02%	56.16%	-4.50%	21.69%	11.22%
Dividend Per Share	0.500	0.430	0.380	0.360	0.310
Dividend Growth	16.28%	13.16%	5.56%	16.13%	10.71%
Operating Margin	22.01%	28.91%	24.39%	30.54%	29.08%
Profit Margin	139.22%	99.62%	74.56%	81.93%	69.66%
EBITDA	2,211	2,541	1,897	2,273	2,121
EBITDA Margin	22.67%	29.64%	25.86%	32.52%	31.39%
D&A For Ebitda	64.26	62.54	108.11	138.17	155.93
EBIT	2,147	2,479	1,789	2,134	1,965
EBIT Margin	22.01%	28.91%	24.39%	30.54%	29.08%
Effective Tax Rate	16.47%	18.17%	35.39%	9.64%	16.47%
Revenue as Reported	31,191	21,633	17,347	14,560	13,195