Shikun & Binui Energy 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
Revenue	286.13	190.42	118.23	142.44	67.33
Revenue Growth (YoY)	50.26%	61.06%	-17.00%	111.54%	21.19%
Selling, General & Admin	80.79	81.72	86.62	70.88	57.63
Other Operating Expenses	254.35	167.14	99.16	77.32	40.43
Total Operating Expenses	335.14	248.86	185.78	148.2	98.05
Operating Income	-49.01	-58.44	-67.56	-5.77	-30.72
Interest Expense	-188.35	-129.23	-150.1	-144.42	-97.27
Interest Income	-	164.01	170.11	172.7	122.3
Net Interest Expense	-188.35	34.78	20.02	28.28	25.03
Income (Loss) on Equity Investments	-35.47	250.86	183.28	142.61	113.99
Currency Exchange Gain (Loss)	-	-18.82	10.38	31.87	-11.8
Other Non-Operating Income (Expenses)	90.02	-22.35	133.63	-103.34	-41.49
EBT Excluding Unusual Items	-182.8	186.02	279.75	93.65	55.02
Asset Writedown	-	-23.36	-48.71	-	-
Other Unusual Items	-	73.45	28.21	7.43	-
Pretax Income	-182.8	236.12	259.25	101.08	55.02
Income Tax Expense	18.37	63.41	99.81	48.3	1.87
Earnings From Continuing Ops.	-201.17	172.71	159.43	52.78	53.15
Minority Interest in Earnings	0.66	0.08	0.12	0.17	-
Net Income	-200.51	172.79	159.55	52.95	53.15
Net Income to Common	-200.51	172.79	159.55	52.95	53.15
Net Income Growth	-	8.30%	201.31%	-0.37%	-
Shares Outstanding (Basic)	911	917	917	732	599
Shares Outstanding (Diluted)	911	917	917	732	599
Shares Change (YoY)	-0.59%	-	25.30%	22.06%	17.53%
EPS (Basic)	-0.22	0.19	0.17	0.07	0.09
EPS (Diluted)	-0.22	0.19	0.17	0.07	0.09
EPS Growth	-	10.87%	142.86%	-21.05%	-
Free Cash Flow	-282.34	-225.88	-197.74	-462.1	-262.4
Free Cash Flow Per Share	-0.31	-0.25	-0.22	-0.63	-0.44
Profit Margin	-70.08%	90.74%	134.95%	37.18%	78.94%
Free Cash Flow Margin	-98.67%	-118.62%	-167.26%	-324.42%	-389.71%
EBITDA	31.55	-11.85	-21.11	33.26	-12.31
EBITDA Margin	11.03%	-6.22%	-17.86%	23.35%	-18.29%
D&A For EBITDA	80.56	46.59	46.44	39.02	18.4
EBIT	-49.01	-58.44	-67.56	-5.77	-30.72
EBIT Margin	-17.13%	-30.69%	-57.14%	-4.05%	-45.62%
Effective Tax Rate	-	26.85%	38.50%	47.78%	3.40%

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