TSX:BEI.UN Income Statement

Financials in millions CAD. Fiscal year is January - December.

Millions CAD. 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
Property Revenue	638.64	603.29	545.66	496.36	470.53
Revenue	638.64	603.29	545.66	496.36	470.53
Revenue Growth (YoY)	5.86%	10.56%	9.93%	5.49%	1.06%
Property Expenses	166.23	165.59	159.58	156.65	146.6
Total Property Expenses	166.23	165.59	159.58	156.65	146.6
Property Taxes	54.84	55.37	53.09	51.05	49.6
Gross Profit	417.56	382.33	332.99	288.66	274.34
Selling, General & Admin	50.6	50.17	44.5	36.42	35.67
Depreciation & Amortization Expenses	8.86	8.32	7.92	7.78	7.81
Operating Income	358.1	323.85	280.57	244.46	230.86
Net Gains on Disposal of Properties	-9.88	-	-0.93	-	-1.95
Interest Income	1.93	25.72	1.95	0.69	-
Interest Expense	-128.37	-121.16	-111.17	-97.02	-89.75
Other Non-Operating Income (Expense)	-24.95	359.89	495.76	135.04	307
Total Non-Operating Income (Expense)	-161.26	264.45	385.61	38.71	215.3
Pretax Income	196.84	588.3	666.18	283.17	446.16
Provision for Income Taxes	0.03	-0.08	-0.08	-0.08	0.11
Net Income	196.81	588.39	666.26	283.25	446.05
Net Income to Common	196.81	588.39	666.26	283.25	446.05
Net Income Growth	-66.55%	-11.69%	135.22%	-36.50%	-
Shares Outstanding (Basic)	49	49	46	50	47
Shares Outstanding (Diluted)	53	54	46	50	47
Shares Change (YoY)	-0.97%	17.81%	-9.00%	8.22%	-8.78%
EPS (Basic)	4.02	11.91	14.54	6.17	9.59
EPS (Diluted)	3.84	10.41	14.54	5.23	9.59
EPS Growth	-63.11%	-28.40%	178.01%	-45.46%	-
Shares Outstanding	48.75	49.35	49.39	45.72	46.14
Free Cash Flow	-205.49	-54.9	36.72	-38.35	-15.97
Free Cash Flow Per Share	-3.84	-1.02	0.80	-0.76	-0.34
Dividends Per Share	1.590	1.395	1.155	1.067	1.001
Dividend Growth	13.98%	20.78%	8.27%	6.59%	-
Gross Margin	65.38%	63.37%	61.03%	58.16%	58.30%
Operating Margin	56.07%	53.68%	51.42%	49.25%	49.06%
Profit Margin	30.82%	97.53%	122.10%	57.07%	94.80%
FCF Margin	-32.18%	-9.10%	6.73%	-7.73%	-3.39%
EBITDA	366.96	332.17	288.49	252.25	238.67
EBITDA Margin	57.46%	55.06%	52.87%	50.82%	50.72%
EBIT	358.1	323.85	280.57	244.46	230.86
EBIT Margin	56.07%	53.68%	51.42%	49.25%	49.06%
Effective Tax Rate	0.01%	-0.01%	-0.01%	-0.03%	0.02%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Real Estate template. Financial Sources.