Reit 1 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	498.74	439.98	380.03	386.91	328.7	307.83
Other Revenue	75.87	49.7	-1.15	63.29	51.64	4.69
Total Revenue	574.61	489.67	378.87	450.19	380.34	312.53
Revenue Growth (YoY	39.31%	29.24%	-15.84%	18.37%	21.70%	0.22%
Property Expenses	24.72	22.81	22.66	21.37	21.6	20.11
Selling, General & Administrative	60.13	60.35	61.61	46.27	41.54	37.78
Total Operating Expenses	84.85	83.15	84.27	67.63	63.13	57.9
Operating Income	489.76	406.52	294.61	382.56	317.21	254.63
Interest Expense	-107.67	-94.36	-79.74	-54.23	-48.16	-47.47
Interest & Investment Income	19.4	10.12	10.17	1.34	1.69	2.32
Other Non-Operating Income	-107.68	-116.26	-110.01	-165.21	-54.1	16.45
EBT Excluding Unusual Items	293.83	206.02	115.03	164.46	216.63	225.93
Gain (Loss) on Sale of Investments	-0.32	-0.32	1.64	-8.6	26.43	11.34
Asset Writedown	229.82	99.8	233.2	408.77	266.16	-80.08
Other Unusual Items	-6.48	-6.48	3.92	4.38	5.59	-3.57
Pretax Income	516.85	299.03	353.78	569.01	514.81	153.63
Earnings From Continuing Operations	516.85	299.03	353.78	569.01	514.81	153.63
Minority Interest in Earnings	-7.79	-6.44	-2.66	-4.34	-7.1	-1.97
Net Income	509.05	292.59	351.12	564.68	507.71	151.66
Net Income to Common	509.05	292.59	351.12	564.68	507.71	151.66
Net Income Growth	311.19%	-16.67%	-37.82%	11.22%	234.76%	-64.20%
Basic Shares Outstanding	195	195	194	188	179	178
Diluted Shares Outstanding	196	195	194	189	180	179
Shares Change (YoY)	1.05%	0.20%	2.79%	5.12%	0.45%	0.23%
EPS (Basic)	2.60	1.50	1.81	3.00	2.84	0.85
EPS (Diluted)	2.59	1.50	1.81	2.99	2.83	0.85
EPS Growth	307.04%	-16.82%	-39.51%	5.80%	233.14%	-64.28%
Dividend Per Share	0.855	0.840	0.820	0.800	0.740	0.720
Dividend Growth	1.79%	2.44%	2.50%	8.11%	2.78%	5.88%
Operating Margin	85.23%	83.02%	77.76%	84.98%	83.40%	81.47%
Profit Margin	88.59%	59.75%	92.67%	125.43%	133.49%	48.53%
EBIT	489.76	406.52	294.61	382.56	317.21	254.63
EBIT Margin	85.23%	83.02%	77.76%	84.98%	83.40%	81.47%

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