Azrieli Group Ltd
TASE:AZRG
Income Statement
Earnings Waterfall
Azrieli Group Ltd
Revenue
|
2.9B
ILS
|
Cost of Revenue
|
-911m
ILS
|
Gross Profit
|
2B
ILS
|
Operating Expenses
|
-323m
ILS
|
Operating Income
|
1.7B
ILS
|
Other Expenses
|
516m
ILS
|
Net Income
|
2.2B
ILS
|
Income Statement
Azrieli Group Ltd
Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
7 876
N/A
|
7 677
-3%
|
7 571
-1%
|
7 475
-1%
|
2 329
-69%
|
5 937
+155%
|
4 707
-21%
|
3 425
-27%
|
2 355
-31%
|
2 353
0%
|
2 329
-1%
|
2 360
+1%
|
2 405
+2%
|
2 476
+3%
|
2 539
+3%
|
2 578
+2%
|
2 592
+1%
|
2 624
+1%
|
2 671
+2%
|
2 581
-3%
|
2 101
-19%
|
2 313
+10%
|
2 189
-5%
|
2 222
+2%
|
2 235
+1%
|
2 236
+0%
|
2 048
-8%
|
1 987
-3%
|
1 798
-10%
|
1 685
-6%
|
1 874
+11%
|
1 954
+4%
|
2 210
+13%
|
2 396
+8%
|
2 489
+4%
|
2 609
+5%
|
2 690
+3%
|
2 774
+3%
|
2 861
+3%
|
2 929
+2%
|
2 943
+0%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(5 763)
|
(5 568)
|
(5 469)
|
(5 409)
|
(938)
|
(4 055)
|
(2 971)
|
(1 827)
|
(866)
|
(840)
|
(812)
|
(833)
|
(865)
|
(917)
|
(953)
|
(970)
|
(958)
|
(956)
|
(971)
|
(901)
|
(607)
|
(726)
|
(646)
|
(659)
|
(658)
|
(652)
|
(638)
|
(633)
|
(628)
|
(624)
|
(637)
|
(639)
|
(669)
|
(700)
|
(727)
|
(767)
|
(798)
|
(828)
|
(854)
|
(892)
|
(911)
|
|
Gross Profit |
2 113
N/A
|
2 109
0%
|
2 102
0%
|
2 067
-2%
|
1 391
-33%
|
1 882
+35%
|
1 736
-8%
|
1 598
-8%
|
1 489
-7%
|
1 513
+2%
|
1 517
+0%
|
1 527
+1%
|
1 541
+1%
|
1 559
+1%
|
1 586
+2%
|
1 608
+1%
|
1 634
+2%
|
1 668
+2%
|
1 701
+2%
|
1 680
-1%
|
1 494
-11%
|
1 587
+6%
|
1 543
-3%
|
1 563
+1%
|
1 577
+1%
|
1 584
+0%
|
1 410
-11%
|
1 354
-4%
|
1 170
-14%
|
1 061
-9%
|
1 237
+17%
|
1 315
+6%
|
1 541
+17%
|
1 696
+10%
|
1 762
+4%
|
1 842
+5%
|
1 892
+3%
|
1 946
+3%
|
2 007
+3%
|
2 037
+1%
|
2 032
0%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(844)
|
(840)
|
(827)
|
(838)
|
(149)
|
(666)
|
(533)
|
(368)
|
(217)
|
(237)
|
(233)
|
(249)
|
(232)
|
(276)
|
(253)
|
(252)
|
(145)
|
(182)
|
(211)
|
(140)
|
(35)
|
(47)
|
(8)
|
(40)
|
(39)
|
(162)
|
(171)
|
(181)
|
(141)
|
(170)
|
(166)
|
(186)
|
(182)
|
(174)
|
(208)
|
(80)
|
(51)
|
(171)
|
(180)
|
(307)
|
(323)
|
|
Selling, General & Administrative |
(861)
|
(865)
|
(855)
|
(856)
|
(198)
|
(712)
|
(567)
|
(419)
|
(191)
|
(252)
|
(254)
|
(261)
|
(202)
|
(283)
|
(295)
|
(302)
|
(230)
|
(317)
|
(323)
|
(278)
|
(119)
|
(198)
|
(160)
|
(171)
|
(134)
|
(181)
|
(174)
|
(172)
|
(128)
|
(163)
|
(163)
|
(173)
|
(135)
|
(206)
|
(227)
|
(241)
|
(198)
|
(266)
|
(286)
|
(294)
|
(278)
|
|
Depreciation & Amortization |
0
|
0
|
0
|
0
|
(88)
|
0
|
0
|
0
|
(33)
|
0
|
0
|
0
|
(39)
|
0
|
0
|
0
|
(39)
|
0
|
0
|
0
|
(4)
|
0
|
0
|
0
|
(4)
|
0
|
0
|
0
|
(4)
|
0
|
0
|
0
|
(6)
|
0
|
0
|
0
|
(5)
|
0
|
0
|
0
|
(8)
|
|
Other Operating Expenses |
17
|
24
|
28
|
19
|
138
|
46
|
34
|
51
|
7
|
15
|
22
|
12
|
9
|
8
|
43
|
50
|
124
|
136
|
113
|
138
|
88
|
151
|
152
|
131
|
99
|
19
|
3
|
(9)
|
(9)
|
(7)
|
(3)
|
(13)
|
(41)
|
32
|
19
|
161
|
152
|
95
|
106
|
(13)
|
(37)
|
|
Operating Income |
1 269
N/A
|
1 269
0%
|
1 276
+1%
|
1 229
-4%
|
1 242
+1%
|
1 215
-2%
|
1 202
-1%
|
1 230
+2%
|
1 272
+3%
|
1 276
+0%
|
1 284
+1%
|
1 278
-1%
|
1 308
+2%
|
1 284
-2%
|
1 333
+4%
|
1 356
+2%
|
1 489
+10%
|
1 486
0%
|
1 490
+0%
|
1 540
+3%
|
1 459
-5%
|
1 540
+6%
|
1 535
0%
|
1 523
-1%
|
1 538
+1%
|
1 422
-8%
|
1 239
-13%
|
1 173
-5%
|
1 029
-12%
|
891
-13%
|
1 071
+20%
|
1 129
+5%
|
1 359
+20%
|
1 522
+12%
|
1 554
+2%
|
1 762
+13%
|
1 841
+4%
|
1 775
-4%
|
1 827
+3%
|
1 730
-5%
|
1 709
-1%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
85
|
135
|
46
|
111
|
(171)
|
(110)
|
(55)
|
(55)
|
49
|
403
|
393
|
506
|
575
|
206
|
674
|
630
|
343
|
387
|
(157)
|
(240)
|
20
|
24
|
140
|
202
|
756
|
474
|
169
|
123
|
(760)
|
(643)
|
(246)
|
(351)
|
2 387
|
2 420
|
2 862
|
2 863
|
515
|
445
|
38
|
153
|
113
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
(65)
|
0
|
0
|
0
|
(33)
|
0
|
0
|
0
|
(35)
|
0
|
0
|
0
|
(37)
|
0
|
0
|
0
|
(33)
|
0
|
0
|
0
|
(36)
|
0
|
0
|
0
|
(33)
|
0
|
0
|
0
|
(45)
|
0
|
0
|
0
|
(96)
|
0
|
0
|
0
|
1 129
|
|
Gain/Loss on Disposition of Assets |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(24)
|
0
|
0
|
0
|
(24)
|
|
Total Other Income |
(0)
|
0
|
0
|
0
|
53
|
0
|
0
|
0
|
(5)
|
0
|
0
|
0
|
17
|
0
|
0
|
0
|
61
|
0
|
0
|
0
|
(27)
|
0
|
0
|
0
|
(82)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(29)
|
0
|
0
|
0
|
(90)
|
0
|
0
|
0
|
(74)
|
|
Pre-Tax Income |
1 354
N/A
|
1 404
+4%
|
1 321
-6%
|
1 340
+1%
|
1 059
-21%
|
1 105
+4%
|
1 148
+4%
|
1 175
+2%
|
1 282
+9%
|
1 679
+31%
|
1 678
0%
|
1 783
+6%
|
1 866
+5%
|
1 489
-20%
|
2 007
+35%
|
1 986
-1%
|
1 856
-7%
|
1 874
+1%
|
1 333
-29%
|
1 300
-3%
|
1 419
+9%
|
1 564
+10%
|
1 675
+7%
|
1 725
+3%
|
2 176
+26%
|
1 896
-13%
|
1 408
-26%
|
1 296
-8%
|
236
-82%
|
248
+5%
|
825
+233%
|
778
-6%
|
3 672
+372%
|
3 942
+7%
|
4 416
+12%
|
4 625
+5%
|
2 146
-54%
|
2 220
+3%
|
1 865
-16%
|
1 883
+1%
|
2 853
+52%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(448)
|
(484)
|
(470)
|
(364)
|
(309)
|
(326)
|
(330)
|
(336)
|
(356)
|
(267)
|
(259)
|
(271)
|
(49)
|
(110)
|
(230)
|
(230)
|
(408)
|
(407)
|
(270)
|
(247)
|
(273)
|
(300)
|
(321)
|
(350)
|
(471)
|
(430)
|
(342)
|
(308)
|
(40)
|
(40)
|
(162)
|
(124)
|
(780)
|
(824)
|
(878)
|
(944)
|
(354)
|
(387)
|
(416)
|
(412)
|
(635)
|
|
Income from Continuing Operations |
906
|
920
|
851
|
976
|
750
|
779
|
818
|
838
|
927
|
1 413
|
1 418
|
1 512
|
1 817
|
1 380
|
1 777
|
1 755
|
1 448
|
1 467
|
1 063
|
1 053
|
1 146
|
1 264
|
1 354
|
1 375
|
1 705
|
1 466
|
1 066
|
988
|
196
|
208
|
663
|
654
|
2 892
|
3 118
|
3 538
|
3 681
|
1 792
|
1 833
|
1 449
|
1 471
|
2 218
|
|
Income to Minority Interest |
(14)
|
(13)
|
(12)
|
(10)
|
(10)
|
(12)
|
(10)
|
(11)
|
(7)
|
(6)
|
(4)
|
(3)
|
2
|
4
|
4
|
4
|
8
|
8
|
9
|
8
|
(1)
|
(1)
|
(1)
|
(1)
|
2
|
3
|
9
|
8
|
5
|
4
|
(3)
|
(2)
|
0
|
0
|
0
|
0
|
5
|
5
|
5
|
5
|
7
|
|
Net Income (Common) |
930
N/A
|
944
+2%
|
928
-2%
|
1 044
+12%
|
849
-19%
|
828
-2%
|
814
-2%
|
746
-8%
|
821
+10%
|
1 305
+59%
|
1 306
+0%
|
1 483
+14%
|
1 810
+22%
|
1 378
-24%
|
1 775
+29%
|
1 759
-1%
|
1 456
-17%
|
1 475
+1%
|
1 070
-27%
|
1 070
+0%
|
1 218
+14%
|
1 328
+9%
|
1 424
+7%
|
1 449
+2%
|
2 099
+45%
|
1 823
-13%
|
1 425
-22%
|
1 328
-7%
|
189
-86%
|
206
+9%
|
654
+217%
|
649
-1%
|
2 889
+345%
|
3 115
+8%
|
3 535
+13%
|
3 678
+4%
|
1 797
-51%
|
1 838
+2%
|
1 454
-21%
|
1 476
+2%
|
2 225
+51%
|
|
EPS (Diluted) |
7.66
N/A
|
7.78
+2%
|
7.65
-2%
|
8.6
+12%
|
7
-19%
|
6.82
-3%
|
6.71
-2%
|
6.14
-8%
|
6.76
+10%
|
10.75
+59%
|
10.76
+0%
|
12.22
+14%
|
14.92
+22%
|
11.36
-24%
|
14.63
+29%
|
14.51
-1%
|
12.01
-17%
|
12.17
+1%
|
8.81
-28%
|
8.82
+0%
|
10.04
+14%
|
10.95
+9%
|
11.74
+7%
|
11.94
+2%
|
17.3
+45%
|
15.03
-13%
|
11.75
-22%
|
10.95
-7%
|
1.55
-86%
|
1.69
+9%
|
5.39
+219%
|
5.35
-1%
|
23.82
+345%
|
25.68
+8%
|
29.14
+13%
|
30.32
+4%
|
14.82
-51%
|
15.16
+2%
|
11.99
-21%
|
12.17
+2%
|
18.35
+51%
|