Jardine Cycle & Carriage 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
Operating Revenue	19,329	20,381	20,477	20,014	15,953
Other Revenue	2,029	1,917	1,758	1,552	1,735
Revenue	21,358	22,298	22,235	21,566	17,688
Revenue Growth (YoY)	-4.22%	0.29%	3.10%	21.92%	33.65%
Cost of Revenue	16,773	17,431	17,185	16,657	13,923
Gross Profit	4,586	4,868	5,049	4,908	3,765
Selling, General & Admin	2,238	2,180	2,144	2,069	2,012
Other Operating Expenses	-94.5	80.5	-199.1	129.4	57.8
Operating Expenses	2,143	2,261	1,945	2,198	2,070
Operating Income	2,443	2,607	3,104	2,710	1,695
Interest Expense	-276.1	-304.2	-256.3	-139.5	-142.9
Interest & Investment Income	177.1	173.9	149	120	126.1
Earnings From Equity Investments	685	752.7	732.8	575.4	590.6
Other Non Operating Income (Expenses)	-	-11.3	-15.2	-38.7	-35.5
Pretax Income	3,029	3,218	3,715	3,227	2,234
Income Tax Expense	614.8	667.6	737.8	771.3	515.3
Earnings From Continuing Operations	2,414	2,551	2,977	2,456	1,718
Minority Interest in Earnings	-1,416	-1,605	-1,761	-1,716	-1,058
Net Income	997.8	945.8	1,215	739.8	660.6
Net Income to Common	997.8	945.8	1,215	739.8	660.6
Net Income Growth	5.50%	-22.18%	64.29%	11.99%	22.26%
Shares Outstanding (Basic)	395	395	395	395	395
Shares Outstanding (Diluted)	395	395	395	395	395
EPS (Basic)	2.52	2.39	3.08	1.87	1.67
EPS (Diluted)	2.52	2.39	3.08	1.87	1.67
EPS Growth	5.44%	-22.29%	64.46%	11.98%	22.15%
Free Cash Flow	2,146	2,025	1,015	2,084	2,647
Free Cash Flow Per Share	5.43	5.12	2.57	5.27	6.70
Dividend Per Share	1.130	1.120	1.180	1.110	0.800
Dividend Growth	0.89%	-5.08%	6.31%	38.75%	86.05%
Gross Margin	21.47%	21.83%	22.71%	22.76%	21.29%
Operating Margin	11.44%	11.69%	13.96%	12.57%	9.58%
Profit Margin	4.67%	4.24%	5.47%	3.43%	3.74%
Free Cash Flow Margin	10.05%	9.08%	4.57%	9.66%	14.97%
EBITDA	3,454	3,564	3,963	3,515	2,545
EBITDA Margin	16.17%	15.98%	17.82%	16.30%	14.38%
D&A For EBITDA	1,012	956.7	858.4	805.2	849.2
EBIT	2,443	2,607	3,104	2,710	1,695
EBIT Margin	11.44%	11.69%	13.96%	12.57%	9.58%
Effective Tax Rate	20.30%	20.74%	19.86%	23.90%	23.07%

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