Gav-Yam Lands Corp. 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	906.56	822.06	757.26	649.01	604.78
Other Revenue	21	17.81	19.75	18	29.67
Total Revenue	927.57	839.87	777.01	667.01	634.44
Revenue Growth (YoY	10.44%	8.09%	16.49%	5.13%	-0.20%
Property Expenses	150	133.01	104.65	96.47	85.36
Selling, General & Administrative	66.26	60.37	54.84	52.14	49.03
Other Operating Expenses	-64.53	1	1.95	7.94	-59.38
Total Operating Expenses	151.72	194.38	161.45	156.55	75.02
Operating Income	775.84	645.49	615.56	510.46	559.43
Interest Expense	-148.67	-112.37	-96.21	-90.52	-148.97
Interest & Investment Income	48.29	58.51	44.01	11.76	7.2
Other Non-Operating Income	-173.24	-207.19	-165.1	-200.9	-70.28
EBT Excluding Unusual Items	502.23	384.43	398.27	230.8	347.39
Merger & Restructuring Charges	-	-1.33	-	-	-
Asset Writedown	541.08	397.49	436.09	1,220	1,266
Pretax Income	1,043	780.6	834.36	1,450	1,613
Income Tax Expense	207.91	134.53	151.48	276.89	355.32
Earnings From Continuing Operations	835.39	646.07	682.88	1,174	1,258
Minority Interest in Earnings	-165.11	-167.67	-183.52	-237.97	-167.47
Net Income	670.28	478.4	499.36	935.56	1,091
Net Income to Common	670.28	478.4	499.36	935.56	1,091
Net Income Growth	40.11%	-4.20%	-46.63%	-14.22%	319.26%
Basic Shares Outstanding	220	218	215	215	214
Diluted Shares Outstanding	221	218	215	215	215
Shares Change (YoY)	1.16%	1.55%	-0.09%	0.16%	-0.10%
EPS (Basic)	3.04	2.19	2.33	4.36	5.09
EPS (Diluted)	3.04	2.19	2.32	4.35	5.08
EPS Growth	38.81%	-5.60%	-46.67%	-14.37%	319.83%
Dividend Per Share	1.287	1.367	1.234	1.165	1.865
Dividend Growth	-5.82%	10.76%	5.91%	-37.53%	55.41%
Operating Margin	83.64%	76.86%	79.22%	76.53%	88.18%
Profit Margin	72.26%	56.96%	64.27%	140.26%	171.91%
EBITDA	782.08	652.48	622.94	515.32	564.13
EBITDA Margin	84.31%	77.69%	80.17%	77.26%	88.92%
D&A For Ebitda	6.23	6.99	7.38	4.86	4.71
EBIT	775.84	645.49	615.56	510.46	559.43
EBIT Margin	83.64%	76.86%	79.22%	76.53%	88.18%
Effective Tax Rate	19.93%	17.23%	18.15%	19.09%	22.02%
Revenue as Reported	1,521	1,221	1,195	1,871	1,948

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