BIG Shopping Centers Income Statement

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

Millions ILS. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Rental Revenue	2,660	2,328	1,935	1,674	1,469	598.1
Other Revenue	336.09	434.19	521.39	497.11	701.07	-45.14
Total Revenue	2,996	2,762	2,456	2,171	2,170	552.96
Revenue Growth (YoY	11.77%	12.45%	13.13%	0.05%	292.47%	-31.60%
Property Expenses	783.37	768.99	917.3	769.54	735.31	120.85
Selling, General & Administrative	330.38	299.69	248.62	256.21	193.33	91.68
Depreciation & Amortization	12.14	8.4	7.39	5.99	6.36	5.41
Other Operating Expenses	12.58	9.8	-12.01	-12.22	-0.87	31.24
Total Operating Expenses	1,138	1,087	1,161	1,020	934.13	249.18
Operating Income	1,858	1,675	1,295	1,152	1,236	303.78
Interest Expense	-1,151	-980.12	-733.96	-767.94	-483.31	-139.72
Interest & Investment Income	284.47	138.01	110.79	90.03	56.23	16.24
Currency Exchange Gain (Loss)	-133.21	-133.21	20.63	118.21	-182.09	0.37
Other Non-Operating Income	-24.16	-24.16	-40.57	-82.15	-35.06	-2.19
EBT Excluding Unusual Items	834.06	675.83	652.03	509.88	591.84	178.49
Gain (Loss) on Sale of Investments	-	-	6.5	-	171.04	-
Asset Writedown	1,356	1,357	512.76	1,122	816.68	-225.61
Other Unusual Items	-	-	-	86	-	-
Pretax Income	2,190	2,033	1,171	1,718	1,580	-47.13
Income Tax Expense	438.91	412.2	198.52	306.2	236.54	-8.28
Earnings From Continuing Operations	1,751	1,620	972.77	1,411	1,343	-38.85
Minority Interest in Earnings	-170.81	-160.92	-111.79	-206.59	-294.71	29.71
Net Income	1,580	1,459	860.99	1,205	1,048	-9.14
Net Income to Common	1,580	1,459	860.99	1,205	1,048	-9.14
Net Income Growth	10.42%	69.51%	-28.54%	14.94%	-	-
Basic Shares Outstanding	25	24	24	22	20	15
Diluted Shares Outstanding	25	25	24	23	20	15
Shares Change (YoY)	1.56%	0.82%	7.46%	11.18%	38.19%	3.04%
EPS (Basic)	64.10	59.65	35.50	54.01	52.07	-0.62
EPS (Diluted)	62.50	58.61	35.27	53.04	51.30	-0.62
EPS Growth	7.56%	66.17%	-33.50%	3.39%	-	-
Dividend Per Share	16.184	-	-	-	-	-
Operating Margin	62.01%	60.65%	52.72%	53.04%	56.96%	54.94%
Profit Margin	52.74%	52.84%	35.05%	55.49%	48.30%	-1.65%
EBITDA	1,871	1,685	1,304	1,162	1,246	314.27
EBITDA Margin	62.44%	61.00%	53.08%	53.51%	57.43%	56.83%
D&A For Ebitda	13.09	9.51	8.72	10.07	10.36	10.49
EBIT	1,858	1,675	1,295	1,152	1,236	303.78
EBIT Margin	62.01%	60.65%	52.72%	53.04%	56.96%	54.94%
Effective Tax Rate	20.04%	20.28%	16.95%	17.83%	14.97%	-

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.