Property & Building 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	888	802	757	533	-
Gain (Loss) on Sale of Assets (Rev)	-	139	281	359	-
Other Revenue	110	75	84	115	488
Total Revenue	998	1,016	1,122	1,007	488
Revenue Growth (YoY	-1.77%	-9.45%	11.42%	106.35%	122.83%
Property Expenses	150	184	285	147	31
Selling, General & Administrative	80	79	79	71	28
Other Operating Expenses	7	6	-	-	-
Total Operating Expenses	237	269	364	218	59
Operating Income	761	747	758	789	429
Interest Expense	-489	-531	-481	-449	-207
Interest & Investment Income	65	72	73	25	9
Currency Exchange Gain (Loss)	-4	-	4	35	-17
Other Non-Operating Income	23	-3	4	-8	57
EBT Excluding Unusual Items	356	285	358	392	271
Impairment of Goodwill	-	-	-883	-469	-
Gain (Loss) on Sale of Investments	-	-	64	-	12
Asset Writedown	541	398	436	1,115	-
Other Unusual Items	-	-	-	851	-
Pretax Income	897	683	-25	1,889	283
Income Tax Expense	215	165	174	375	19
Earnings From Continuing Operations	682	518	-199	1,514	264
Earnings From Discontinued Operations	-121	21	-199	-109	376
Net Income to Company	561	539	-398	1,405	640
Minority Interest in Earnings	-360	-270	-132	-486	-63
Net Income	201	269	-530	919	577
Net Income to Common	201	269	-530	919	577
Net Income Growth	-25.28%	-	-	59.27%	-
Basic Shares Outstanding	7	7	7	7	7
Diluted Shares Outstanding	7	7	7	7	7
Shares Change (YoY)	0.01%	-0.12%	0.12%	4.90%	11.76%
EPS (Basic)	27.22	36.43	-71.70	124.47	81.98
EPS (Diluted)	27.22	36.43	-71.70	124.47	81.98
EPS Growth	-25.29%	-	-	51.83%	-
Dividend Per Share	27.074	20.316	-	-	-
Dividend Growth	33.26%	-	-	-	-
Operating Margin	76.25%	73.52%	67.56%	78.35%	87.91%
Profit Margin	20.14%	26.48%	-47.24%	91.26%	118.24%
EBITDA	767	756	765	794	431
EBITDA Margin	76.85%	74.41%	68.18%	78.85%	88.32%
D&A For Ebitda	6	9	7	5	2
EBIT	761	747	758	789	429
EBIT Margin	76.25%	73.52%	67.56%	78.35%	87.91%
Effective Tax Rate	23.97%	24.16%	-	19.85%	6.71%
Revenue as Reported	1,539	1,414	1,558	2,973	488

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