Cofinimmo SA (EBR:COFB)

Cofinimmo Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Rental Revenue	351.82	352.01	347.92	323.89	299.61	260.97
Tenant Reimbursements	43.45	43.45	48.58	42.53	41.2	34.24
Other Revenue	-3.54	-3.74	-7.53	1.29	2.31	-2.47
Total Revenue	391.73	391.72	388.97	367.71	343.12	292.73
Revenue Growth (YoY	0.26%	0.71%	5.78%	7.17%	17.21%	2.58%
Property Expenses	89.45	93	102.11	92.96	84.93	71.43
Selling, General & Administrative	13.58	13.45	14.49	13.71	11.5	10.1
Other Operating Expenses	7.26	7.51	-2.69	25.29	31.46	26.01
Total Operating Expenses	110.29	113.96	113.9	131.96	127.89	107.54
Operating Income	281.44	277.76	275.07	235.74	215.22	185.2
Interest Expense	-72.39	-72.78	-70.62	-23.73	-18.54	-14.36
Interest & Investment Income	12.13	12.54	13.14	11.39	10	7.04
Other Non-Operating Income	34.72	34.67	32.68	-8.6	-8.06	-9.78
EBT Excluding Unusual Items	260.51	252.18	250.27	214.8	198.63	168.1
Impairment of Goodwill	-	-	-27.34	-14.29	-5.2	-10.12
Gain (Loss) on Sale of Investments	-28.35	-28.35	-79.48	216.45	40.97	-22.76
Gain (Loss) on Sale of Assets	-21.06	-15.58	-4.05	4.49	7.77	4.58
Total Insurance Settlements	1.39	1.39	0.65	0.91	0.47	0.61
Asset Writedown	-71.89	-123.29	-181.65	77.46	34.51	-13.7
Other Unusual Items	-12.09	-6.09	-5.54	-5.89	-3.59	-3.18
Pretax Income	128.52	80.27	-47.13	493.94	273.55	123.54
Income Tax Expense	8.05	7.12	7.04	11.37	10.55	7.91
Earnings From Continuing Operations	120.47	73.15	-54.17	482.57	263	115.63
Minority Interest in Earnings	-9.79	-9.26	-1.33	0.37	-2.67	3.59
Net Income	110.68	63.89	-55.5	482.94	260.34	119.22
Net Income to Common	110.68	63.89	-55.5	482.94	260.34	119.22
Net Income Growth	-	-	-	85.50%	118.36%	-41.73%
Basic Shares Outstanding	38	38	34	32	30	26
Diluted Shares Outstanding	38	38	34	33	30	29
Shares Change (YoY)	8.06%	10.17%	4.64%	7.76%	5.85%	7.50%
EPS (Basic)	2.92	1.70	-1.63	15.09	8.78	4.50
EPS (Diluted)	2.92	1.70	-1.63	14.79	8.68	4.09
EPS Growth	-	-	-	70.45%	111.99%	-48.43%
Dividend Per Share	-	6.200	6.200	6.200	6.000	5.800
Dividend Growth	-	-	-	3.33%	3.45%	3.57%
Operating Margin	71.85%	70.91%	70.72%	64.11%	62.73%	63.27%
Profit Margin	28.25%	16.31%	-14.27%	131.34%	75.88%	40.73%
EBITDA	281.81	278.13	275.51	238.2	215.5	185.48
EBITDA Margin	71.94%	71.00%	70.83%	64.78%	62.81%	63.36%
D&A For Ebitda	0.36	0.38	0.44	2.46	0.28	0.28
EBIT	281.44	277.76	275.07	235.74	215.22	185.2
EBIT Margin	71.85%	70.91%	70.72%	64.11%	62.73%	63.27%
Effective Tax Rate	6.26%	8.87%	-	2.30%	3.85%	6.40%

Updated Feb 21, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.