S.R. Accord 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
Interest and Dividend Income	224.15	186.59	191.18	181.51	133.45
Total Interest Expense	76.93	62.72	54.75	37.39	17.69
Net Interest Income	147.22	123.87	136.43	144.12	115.77
Revenue Before Loan Losses	147.22	123.87	136.43	144.12	115.77
Provision for Loan Losses	15.22	11.02	24.07	17.78	3.7
Revenue	132	112.85	112.36	126.34	112.07
Revenue Growth (YoY)	16.97%	0.44%	-11.06%	12.73%	22.81%
Salaries & Employee Benefits	14.83	11.57	10.86	10.04	0.42
Cost of Services Provided	11.53	8.05	10.56	6.86	15.79
Other Operating Expenses	-0.66	-0.01	-0.27	7.53	5.56
Total Operating Expenses	29.53	23.51	25.17	26.17	21.77
Operating Income	102.47	89.34	87.19	100.17	90.3
Earnings From Equity Investments	3.62	-0.29	-0.03	0.83	-
EBT Excluding Unusual Items	126.74	89.33	87.55	99.53	90.3
Gain (Loss) on Sale of Investments	-10.1	-0.15	-3.23	-3.17	-0.23
Pretax Income	122.93	95.15	85.97	98.27	91.92
Income Tax Expense	28.28	21.81	18.73	19.19	21.36
Earnings From Continuing Ops.	94.65	73.35	67.24	79.08	70.56
Minority Interest in Earnings	-4.41	-3.77	-1.9	-0	-
Net Income	90.25	69.57	65.35	79.08	70.56
Net Income to Common	90.25	69.57	65.35	79.08	70.56
Net Income Growth	29.72%	6.47%	-17.36%	12.07%	26.05%
Shares Outstanding (Basic)	13	13	13	14	14
Shares Outstanding (Diluted)	13	13	13	14	14
Shares Change (YoY)	-	-1.37%	-1.65%	-0.16%	2.51%
EPS (Basic)	6.88	5.30	4.91	5.85	5.21
EPS (Diluted)	6.88	5.30	4.91	5.85	5.21
EPS Growth	29.71%	7.95%	-15.97%	12.24%	22.97%
Free Cash Flow	159.52	-15.3	157.48	-38.09	-26.68
Free Cash Flow Per Share	12.16	-1.17	11.84	-2.82	-1.97
Dividend Per Share	2.744	2.668	-	1.853	2.362
Dividend Growth	2.85%	-	-	-21.55%	-0.74%
Operating Margin	77.63%	79.16%	77.60%	79.29%	80.57%
Profit Margin	68.37%	61.65%	58.16%	62.59%	62.96%
Free Cash Flow Margin	120.85%	-13.56%	140.15%	-30.15%	-23.81%
Effective Tax Rate	23.00%	22.92%	21.79%	19.53%	23.24%

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