Fastighets AB Balder Income Statement

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

Millions SEK. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	13,765	13,721	12,876	11,944	10,521	8,956
Total Revenue	13,765	13,721	12,876	11,944	10,521	8,956
Revenue Growth (YoY	4.57%	6.56%	7.80%	13.53%	17.47%	10.11%
Property Expenses	4,601	4,567	4,343	4,110	3,744	3,029
Total Operating Expenses	4,601	4,567	4,343	4,110	3,744	3,029
Operating Income	9,164	9,154	8,533	7,834	6,777	5,927
Interest Expense	-4,719	-4,669	-5,383	-4,570	-2,327	-1,820
Interest & Investment Income	469	469	1,162	721	159	157
Income (Loss) on Equity Investments	1,650	1,779	901	-2,236	1,002	3,521
Currency Exchange Gain (Loss)	23	-	-	-137	-48	20
Other Non-Operating Income	548	368	110	-1,115	1,786	1,028
EBT Excluding Unusual Items	7,135	7,101	5,323	497	7,349	8,833
Gain (Loss) on Sale of Investments	-	-	-	-	-	611
Gain (Loss) on Sale of Assets	17	41	118	530	220	346
Asset Writedown	1,909	2,440	-756	-9,980	5,419	12,990
Pretax Income	9,061	9,582	4,685	-8,953	12,988	22,780
Income Tax Expense	1,653	1,591	1,045	-1,254	1,999	3,196
Earnings From Continuing Operations	7,408	7,991	3,640	-7,699	10,989	19,584
Minority Interest in Earnings	-376	-370	-336	953	-814	-1,076
Net Income	7,032	7,621	3,304	-6,746	10,175	18,508
Net Income to Common	7,032	7,621	3,304	-6,746	10,175	18,508
Net Income Growth	6.71%	130.66%	-	-	-45.02%	178.69%
Basic Shares Outstanding	1,188	1,190	1,171	1,154	1,119	1,119
Diluted Shares Outstanding	1,263	1,264	1,171	1,154	1,119	1,119
Shares Change (YoY)	5.48%	7.94%	1.50%	3.11%	0.02%	3.31%
EPS (Basic)	5.92	6.41	2.82	-5.85	9.09	16.54
EPS (Diluted)	5.37	5.86	2.82	-5.85	9.09	16.54
EPS Growth	4.56%	107.76%	-	-	-45.04%	169.74%
Operating Margin	66.57%	66.72%	66.27%	65.59%	64.41%	66.18%
Profit Margin	51.09%	55.54%	25.66%	-56.48%	96.71%	206.66%
EBITDA	9,241	9,232	8,615	7,892	6,815	5,960
EBITDA Margin	67.13%	67.28%	66.91%	66.07%	64.78%	66.55%
D&A For Ebitda	77	78	82	58	38	33
EBIT	9,164	9,154	8,533	7,834	6,777	5,927
EBIT Margin	66.57%	66.72%	66.27%	65.59%	64.41%	66.18%
Effective Tax Rate	18.24%	16.60%	22.30%	-	15.39%	14.03%

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