Arabian Centres Company Income Statement

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

Millions SAR. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2022
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Mar '22 Mar 31, 2022
Rental Revenue	2,288	2,344	2,254	2,207	2,037
Other Revenue	-4.65	-7.09	-10.87	-18.2	-15.04
Total Revenue	2,284	2,337	2,243	2,188	2,022
Revenue Growth (YoY	-2.28%	4.20%	2.48%	8.21%	8.85%
Property Expenses	355.29	359.24	386.2	360.01	360.41
Selling, General & Administrative	388.8	278.19	411.29	308.89	272.79
Other Operating Expenses	-7.05	-9.7	-25.65	27.47	-12.52
Total Operating Expenses	1,053	949.58	961.51	762.8	677.03
Operating Income	1,231	1,387	1,281	1,426	1,345
Interest Expense	-158.84	-197.93	-129.91	-200.17	-184.7
Interest & Investment Income	50.3	19.45	-	-	-
Currency Exchange Gain (Loss)	-4.51	0.31	1.36	-	0.72
Other Non-Operating Income	-578.79	-509.24	-227.22	-130.23	-144.5
EBT Excluding Unusual Items	539.1	699.96	925.52	1,095	1,017
Gain (Loss) on Sale of Investments	4.22	2.92	7.35	0.56	0.62
Gain (Loss) on Sale of Assets	28.66	-	238.67	-23.27	-17.76
Total Insurance Settlements	250	-	-	-	-
Asset Writedown	501.17	565.28	369.93	-13.37	-210.82
Other Unusual Items	-	-	-	18.13	1
Pretax Income	1,323	1,268	1,541	1,077	789.98
Income Tax Expense	47	44	40.47	68.51	39.77
Earnings From Continuing Operations	1,276	1,224	1,501	1,009	750.21
Minority Interest in Earnings	-9.27	-7.26	14	-1.76	25.22
Net Income	1,267	1,217	1,515	1,007	775.43
Net Income to Common	1,267	1,217	1,515	1,007	775.43
Net Income Growth	4.11%	-19.68%	50.43%	29.87%	59.34%
Basic Shares Outstanding	475	475	475	475	475
Diluted Shares Outstanding	475	475	475	475	475
Shares Change (YoY)	0.01%	-0.00%	-0.01%	-	-
EPS (Basic)	2.67	2.56	3.19	2.12	1.63
EPS (Diluted)	2.67	2.56	3.19	2.12	1.63
EPS Growth	4.10%	-19.68%	50.45%	29.87%	59.34%
Dividend Per Share	-	1.500	1.620	2.333	1.500
Dividend Growth	-	-7.41%	-30.57%	55.56%	20.00%
Operating Margin	53.90%	59.37%	57.13%	65.14%	66.52%
Profit Margin	55.48%	52.07%	67.55%	46.02%	38.34%
EBITDA	1,260	1,404	1,298	1,446	1,365
EBITDA Margin	55.18%	60.06%	57.88%	66.06%	67.50%
D&A For Ebitda	29.2	16.14	16.78	20.02	19.72
EBIT	1,231	1,387	1,281	1,426	1,345
EBIT Margin	53.90%	59.37%	57.13%	65.14%	66.52%
Effective Tax Rate	3.55%	3.47%	2.63%	6.36%	5.03%

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