WSE:PHN Income Statement

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

Millions PLN. 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	281.7	295	248.8	203.4	187.4	188.9
Other Revenue	681.6	519.7	322.1	423.6	293.1	549.2
Total Revenue	963.3	814.7	570.9	627	480.5	738.1
Revenue Growth (YoY	52.66%	42.70%	-8.95%	30.49%	-34.90%	246.36%
Property Expenses	747.6	616.8	396.7	463.8	325.8	520.4
Selling, General & Administrative	75	72.1	70	60.8	55.3	53.2
Other Operating Expenses	-140	-6.8	-7.2	-1.2	-19.2	-25.2
Total Operating Expenses	699.3	693.9	457.5	528.5	357.2	562.5
Operating Income	264	120.8	113.4	98.5	123.3	175.6
Interest Expense	-113.8	-122.7	-83.9	-44.4	-34.4	-29.7
Interest & Investment Income	118.2	11.8	9.6	1.6	2.2	1.6
Currency Exchange Gain (Loss)	1.1	12.5	55.3	-9.8	1.7	-39.4
Other Non-Operating Income	-11.3	-12.7	-12.4	-15.9	-2.6	-4.6
EBT Excluding Unusual Items	258.2	9.7	82	30	90.2	103.5
Impairment of Goodwill	-	-	-	-	-10.3	-24.4
Gain (Loss) on Sale of Investments	-	-	0.2	-	-	3.4
Gain (Loss) on Sale of Assets	0.7	0.9	0.6	1.5	5.9	0.7
Asset Writedown	-84.1	-137.2	-187.7	47.2	49.7	18.2
Other Unusual Items	-	-	-	3	-	7.6
Pretax Income	174.8	-126.6	-104.9	81.7	135.5	109
Income Tax Expense	67.8	57.8	62.1	51.7	61.8	38.9
Earnings From Continuing Operations	107	-184.4	-167	30	73.7	70.1
Net Income to Company	107	-184.4	-167	30	73.7	70.1
Minority Interest in Earnings	1.5	1.4	5.5	0.8	5	1.9
Net Income	108.5	-183	-161.5	30.8	78.7	72
Net Income to Common	108.5	-183	-161.5	30.8	78.7	72
Net Income Growth	-	-	-	-60.86%	9.31%	6.51%
Basic Shares Outstanding	51	51	51	51	51	51
Diluted Shares Outstanding	51	51	51	51	51	51
Shares Change (YoY)	-	-	-	-	0.39%	8.74%
EPS (Basic)	2.12	-3.57	-3.15	0.60	1.54	1.41
EPS (Diluted)	2.12	-3.57	-3.15	0.60	1.54	1.41
EPS Growth	-	-	-	-60.86%	8.88%	-2.05%
Dividend Per Share	-	-	-	0.080	0.360	0.350
Dividend Growth	-	-	-	-77.78%	2.86%	-35.19%
Operating Margin	27.41%	14.83%	19.86%	15.71%	25.66%	23.79%
Profit Margin	11.26%	-22.46%	-28.29%	4.91%	16.38%	9.75%
EBITDA	271.6	128.6	120.5	105.6	130.3	179.4
EBITDA Margin	28.19%	15.78%	21.11%	16.84%	27.12%	24.31%
D&A For Ebitda	7.6	7.8	7.1	7.1	7	3.8
EBIT	264	120.8	113.4	98.5	123.3	175.6
EBIT Margin	27.41%	14.83%	19.86%	15.71%	25.66%	23.79%
Effective Tax Rate	38.79%	-	-	63.28%	45.61%	35.69%

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.