BIG Shopping Centers Income Statement

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

Millions ILS. 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	2,749	2,328	1,935	1,674	1,469
Other Revenue	331.47	434.19	521.39	497.11	701.07
Total Revenue	3,081	2,762	2,456	2,171	2,170
Revenue Growth (YoY	11.53%	12.45%	13.13%	0.05%	292.47%
Property Expenses	846.7	768.99	917.3	769.54	735.31
Selling, General & Administrative	351.6	299.69	248.62	256.21	193.33
Depreciation & Amortization	12.85	8.4	7.39	5.99	6.36
Other Operating Expenses	-2.58	9.8	-18.51	-12.22	-0.87
Total Operating Expenses	1,209	1,087	1,155	1,020	934.13
Operating Income	1,872	1,675	1,302	1,152	1,236
Interest Expense	-1,073	-980.12	-733.96	-767.94	-483.31
Interest & Investment Income	164.38	138.01	110.79	90.03	56.23
Currency Exchange Gain (Loss)	69.03	-133.21	20.63	118.21	-182.09
Other Non-Operating Income	-15.62	-24.16	-40.57	-82.15	-35.06
EBT Excluding Unusual Items	1,017	675.83	658.53	509.88	591.84
Gain (Loss) on Sale of Investments	-	-	-	-	171.04
Asset Writedown	1,418	1,357	512.76	1,122	816.68
Other Unusual Items	-	-	-	86	-
Pretax Income	2,434	2,033	1,171	1,718	1,580
Income Tax Expense	463.83	412.2	198.52	306.2	236.54
Earnings From Continuing Operations	1,971	1,620	972.77	1,411	1,343
Minority Interest in Earnings	-208	-160.92	-111.79	-206.59	-294.71
Net Income	1,763	1,459	860.99	1,205	1,048
Net Income to Common	1,763	1,459	860.99	1,205	1,048
Net Income Growth	20.77%	69.51%	-28.54%	14.94%	-
Basic Shares Outstanding	25	24	24	22	20
Diluted Shares Outstanding	25	25	24	23	20
Shares Change (YoY)	2.39%	0.82%	7.46%	11.18%	38.19%
EPS (Basic)	71.27	59.65	35.50	54.01	52.07
EPS (Diluted)	69.66	58.61	35.27	53.04	51.30
EPS Growth	18.85%	66.17%	-33.50%	3.39%	-
Operating Margin	60.77%	60.65%	52.99%	53.04%	56.96%
Profit Margin	57.22%	52.84%	35.05%	55.49%	48.30%
EBITDA	1,886	1,685	1,310	1,162	1,246
EBITDA Margin	61.22%	61.00%	53.34%	53.51%	57.43%
D&A For Ebitda	13.74	9.51	8.72	10.07	10.36
EBIT	1,872	1,675	1,302	1,152	1,236
EBIT Margin	60.77%	60.65%	52.99%	53.04%	56.96%
Effective Tax Rate	19.05%	20.28%	16.95%	17.83%	14.97%

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