Blue Square Real Estate Ltd
TASE:BLSR
Income Statement
Earnings Waterfall
Blue Square Real Estate Ltd
Income Statement
Blue Square Real Estate Ltd
| Dec-2007 | Mar-2008 | Jun-2008 | Sep-2008 | Dec-2008 | Mar-2009 | Jun-2009 | Sep-2009 | Dec-2009 | Mar-2010 | Jun-2010 | Sep-2010 | Dec-2010 | Mar-2011 | Jun-2011 | Sep-2011 | Dec-2011 | Mar-2012 | Jun-2012 | Sep-2012 | Dec-2012 | Mar-2013 | Jun-2013 | Sep-2013 | 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 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | Mar-2025 | Jun-2025 | Sep-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Interest Expense |
51
|
0
|
0
|
0
|
80
|
0
|
0
|
0
|
92
|
0
|
0
|
0
|
107
|
0
|
0
|
0
|
107
|
0
|
0
|
0
|
115
|
0
|
0
|
0
|
140
|
0
|
0
|
0
|
92
|
0
|
0
|
0
|
72
|
0
|
0
|
0
|
74
|
0
|
0
|
0
|
79
|
0
|
0
|
0
|
84
|
0
|
0
|
0
|
66
|
0
|
0
|
0
|
67
|
0
|
0
|
0
|
155
|
0
|
0
|
0
|
295
|
0
|
0
|
0
|
215
|
0
|
0
|
0
|
251
|
0
|
0
|
0
|
|
| Revenue |
145
N/A
|
161
+11%
|
169
+5%
|
171
+1%
|
179
+4%
|
167
-7%
|
165
-1%
|
258
+56%
|
306
+19%
|
330
+8%
|
371
+13%
|
319
-14%
|
351
+10%
|
354
+1%
|
361
+2%
|
357
-1%
|
306
-14%
|
302
-2%
|
341
+13%
|
335
-2%
|
394
+17%
|
352
-11%
|
325
-8%
|
345
+6%
|
341
-1%
|
349
+2%
|
333
-5%
|
313
-6%
|
360
+15%
|
359
0%
|
333
-7%
|
337
+1%
|
231
-32%
|
225
-3%
|
254
+13%
|
247
-3%
|
344
+39%
|
360
+5%
|
381
+6%
|
392
+3%
|
353
-10%
|
318
-10%
|
299
-6%
|
347
+16%
|
329
-5%
|
345
+5%
|
412
+19%
|
406
-1%
|
538
+32%
|
625
+16%
|
626
+0%
|
615
-2%
|
349
-43%
|
423
+21%
|
712
+68%
|
706
-1%
|
854
+21%
|
886
+4%
|
795
-10%
|
842
+6%
|
829
-2%
|
874
+6%
|
801
-8%
|
828
+3%
|
1 164
+41%
|
1 238
+6%
|
1 430
+16%
|
1 452
+2%
|
1 239
-15%
|
1 184
-4%
|
1 007
-15%
|
1 097
+9%
|
|
| Gross Profit | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Cost of Revenue |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(3)
|
0
|
0
|
(1)
|
(3)
|
(5)
|
(6)
|
(8)
|
(4)
|
(5)
|
(5)
|
(2)
|
(4)
|
(4)
|
(4)
|
(5)
|
(5)
|
(6)
|
(6)
|
(6)
|
(8)
|
(8)
|
(7)
|
(6)
|
(6)
|
(5)
|
(7)
|
(8)
|
(10)
|
(12)
|
(15)
|
(14)
|
(16)
|
(13)
|
(11)
|
(12)
|
(11)
|
(10)
|
(11)
|
(11)
|
(9)
|
(18)
|
(29)
|
(37)
|
(28)
|
(39)
|
(38)
|
(40)
|
(71)
|
(90)
|
(94)
|
(110)
|
(90)
|
(107)
|
(130)
|
(157)
|
(159)
|
(186)
|
(191)
|
(187)
|
(189)
|
(190)
|
(191)
|
(167)
|
|
| Gross Profit |
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
303
N/A
|
0
N/A
|
0
N/A
|
72
N/A
|
348
+386%
|
273
-22%
|
355
+30%
|
349
-2%
|
302
-13%
|
297
-2%
|
337
+13%
|
334
-1%
|
390
+17%
|
348
-11%
|
320
-8%
|
340
+6%
|
336
-1%
|
343
+2%
|
327
-5%
|
307
-6%
|
353
+15%
|
351
0%
|
326
-7%
|
331
+1%
|
225
-32%
|
220
-2%
|
247
+13%
|
238
-4%
|
334
+40%
|
347
+4%
|
367
+6%
|
378
+3%
|
337
-11%
|
306
-9%
|
288
-6%
|
336
+17%
|
318
-5%
|
335
+5%
|
401
+20%
|
395
-1%
|
529
+34%
|
607
+15%
|
596
-2%
|
578
-3%
|
321
-44%
|
384
+19%
|
673
+75%
|
665
-1%
|
783
+18%
|
795
+2%
|
701
-12%
|
732
+4%
|
739
+1%
|
768
+4%
|
671
-13%
|
671
0%
|
1 005
+50%
|
1 052
+5%
|
1 239
+18%
|
1 265
+2%
|
1 051
-17%
|
994
-5%
|
816
-18%
|
930
+14%
|
|
| Operating Income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Operating Expenses |
(9)
|
(11)
|
(12)
|
(15)
|
(16)
|
(15)
|
(15)
|
(13)
|
(10)
|
(14)
|
(15)
|
(18)
|
(33)
|
(31)
|
(33)
|
(30)
|
(17)
|
(16)
|
(19)
|
(20)
|
(34)
|
(20)
|
(16)
|
(16)
|
(16)
|
(16)
|
(16)
|
(19)
|
(15)
|
(15)
|
(16)
|
(17)
|
(20)
|
(22)
|
(23)
|
(24)
|
(23)
|
(23)
|
(23)
|
(24)
|
(24)
|
(25)
|
(25)
|
(25)
|
(26)
|
(26)
|
(31)
|
(31)
|
(27)
|
(37)
|
(45)
|
(48)
|
(46)
|
(56)
|
(47)
|
(49)
|
(53)
|
(46)
|
(49)
|
(51)
|
(63)
|
(57)
|
(59)
|
(64)
|
(70)
|
(61)
|
(63)
|
(62)
|
(73)
|
(68)
|
(67)
|
(70)
|
|
| Selling, General & Administrative |
(9)
|
(11)
|
(12)
|
(15)
|
(16)
|
(15)
|
(15)
|
(13)
|
(10)
|
(14)
|
(14)
|
(17)
|
(33)
|
(30)
|
(33)
|
(30)
|
(17)
|
(16)
|
(19)
|
(20)
|
(34)
|
(20)
|
(15)
|
(15)
|
(16)
|
(16)
|
(16)
|
(15)
|
(15)
|
(15)
|
(16)
|
(17)
|
(20)
|
(22)
|
(23)
|
(24)
|
(23)
|
(23)
|
(23)
|
(24)
|
(24)
|
(25)
|
(25)
|
(25)
|
(26)
|
(26)
|
(31)
|
(31)
|
(26)
|
(37)
|
(45)
|
(48)
|
(42)
|
(56)
|
(47)
|
(49)
|
(43)
|
(46)
|
(49)
|
(51)
|
(53)
|
(57)
|
(59)
|
(64)
|
(59)
|
(61)
|
(63)
|
(62)
|
(62)
|
(68)
|
(67)
|
(70)
|
|
| Depreciation & Amortization |
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
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(4)
|
0
|
0
|
0
|
(10)
|
0
|
0
|
0
|
(10)
|
0
|
0
|
0
|
(11)
|
0
|
0
|
0
|
(11)
|
0
|
0
|
0
|
|
| Other Operating Expenses |
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
|
(4)
|
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
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Operating Income |
136
N/A
|
150
+10%
|
157
+5%
|
156
-1%
|
163
+4%
|
151
-7%
|
150
-1%
|
245
+63%
|
293
+20%
|
316
+8%
|
356
+13%
|
300
-16%
|
315
+5%
|
318
+1%
|
322
+1%
|
319
-1%
|
285
-11%
|
282
-1%
|
317
+13%
|
313
-1%
|
355
+14%
|
328
-8%
|
305
-7%
|
325
+7%
|
320
-2%
|
327
+2%
|
311
-5%
|
288
-7%
|
338
+18%
|
336
-1%
|
311
-8%
|
314
+1%
|
205
-35%
|
198
-4%
|
225
+13%
|
214
-5%
|
310
+45%
|
325
+5%
|
344
+6%
|
354
+3%
|
313
-12%
|
281
-10%
|
263
-6%
|
311
+18%
|
292
-6%
|
309
+6%
|
370
+20%
|
365
-1%
|
502
+38%
|
570
+14%
|
551
-3%
|
530
-4%
|
276
-48%
|
328
+19%
|
626
+91%
|
616
-2%
|
729
+18%
|
749
+3%
|
652
-13%
|
681
+5%
|
675
-1%
|
711
+5%
|
612
-14%
|
607
-1%
|
936
+54%
|
991
+6%
|
1 176
+19%
|
1 203
+2%
|
978
-19%
|
927
-5%
|
750
-19%
|
860
+15%
|
|
| Pre-Tax Income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Interest Income Expense |
(37)
|
(39)
|
(61)
|
(69)
|
(79)
|
(64)
|
(57)
|
(63)
|
(72)
|
(65)
|
(74)
|
(77)
|
(87)
|
(107)
|
(112)
|
(103)
|
(94)
|
(85)
|
(84)
|
(91)
|
(84)
|
(95)
|
(98)
|
(110)
|
(114)
|
(113)
|
(106)
|
(80)
|
(73)
|
(54)
|
(112)
|
(111)
|
(52)
|
(74)
|
(8)
|
(5)
|
(61)
|
(51)
|
(76)
|
(68)
|
(67)
|
(79)
|
(95)
|
(92)
|
(128)
|
(111)
|
(91)
|
(83)
|
(48)
|
(94)
|
(102)
|
(110)
|
(43)
|
(25)
|
(1)
|
(28)
|
(23)
|
(66)
|
(206)
|
(265)
|
(342)
|
(379)
|
(271)
|
(196)
|
(142)
|
(79)
|
(106)
|
(89)
|
20
|
(8)
|
225
|
197
|
|
| Non-Reccuring Items |
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
|
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
|
(172)
|
(172)
|
(172)
|
(172)
|
0
|
0
|
|
| Total Other Income |
0
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
15
|
0
|
0
|
0
|
2
|
0
|
0
|
0
|
(3)
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(4)
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
3
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(3)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(4)
|
0
|
0
|
0
|
(3)
|
0
|
0
|
0
|
|
| Pre-Tax Income |
100
N/A
|
111
+11%
|
96
-13%
|
87
-9%
|
85
-3%
|
87
+3%
|
93
+7%
|
182
+96%
|
235
+29%
|
251
+6%
|
282
+12%
|
223
-21%
|
229
+3%
|
211
-8%
|
211
0%
|
216
+3%
|
189
-13%
|
197
+4%
|
233
+18%
|
222
-5%
|
272
+23%
|
234
-14%
|
207
-11%
|
215
+4%
|
205
-5%
|
215
+5%
|
205
-4%
|
208
+1%
|
261
+26%
|
282
+8%
|
199
-30%
|
203
+2%
|
151
-25%
|
124
-18%
|
217
+75%
|
209
-3%
|
250
+20%
|
274
+9%
|
268
-2%
|
286
+7%
|
246
-14%
|
201
-18%
|
168
-16%
|
219
+30%
|
167
-23%
|
198
+18%
|
279
+41%
|
281
+1%
|
454
+61%
|
476
+5%
|
449
-6%
|
420
-7%
|
233
-45%
|
303
+30%
|
625
+106%
|
588
-6%
|
703
+19%
|
683
-3%
|
446
-35%
|
416
-7%
|
332
-20%
|
332
0%
|
341
+3%
|
410
+20%
|
790
+92%
|
912
+16%
|
897
-2%
|
942
+5%
|
822
-13%
|
747
-9%
|
975
+31%
|
1 057
+8%
|
|
| Net Income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Tax Provision |
(21)
|
(22)
|
(15)
|
(12)
|
(17)
|
(19)
|
(20)
|
3
|
(5)
|
(6)
|
(10)
|
(39)
|
(38)
|
(33)
|
(36)
|
(39)
|
(110)
|
(106)
|
(97)
|
(94)
|
(54)
|
(38)
|
(50)
|
(66)
|
(56)
|
(59)
|
(56)
|
(48)
|
(70)
|
(81)
|
(58)
|
(55)
|
(41)
|
(11)
|
(34)
|
(33)
|
(11)
|
(26)
|
(30)
|
(31)
|
(52)
|
(51)
|
(50)
|
(64)
|
(51)
|
(55)
|
(62)
|
(67)
|
(105)
|
(113)
|
(114)
|
(100)
|
(45)
|
(60)
|
(116)
|
(104)
|
(146)
|
(136)
|
(78)
|
(64)
|
(36)
|
(34)
|
(46)
|
(67)
|
(155)
|
(191)
|
(198)
|
(204)
|
(168)
|
(149)
|
(186)
|
(196)
|
|
| Income from Continuing Operations |
79
|
89
|
81
|
76
|
67
|
68
|
73
|
185
|
230
|
245
|
272
|
185
|
191
|
178
|
175
|
177
|
79
|
91
|
136
|
128
|
218
|
196
|
157
|
148
|
149
|
156
|
149
|
160
|
191
|
201
|
141
|
148
|
110
|
113
|
183
|
177
|
239
|
248
|
238
|
255
|
195
|
151
|
119
|
155
|
116
|
143
|
217
|
215
|
348
|
363
|
335
|
319
|
188
|
243
|
510
|
484
|
557
|
547
|
368
|
352
|
297
|
298
|
295
|
343
|
634
|
721
|
699
|
738
|
654
|
598
|
789
|
861
|
|
| Income to Minority Interest |
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
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
|
| Net Income (Common) |
79
N/A
|
89
+13%
|
81
-9%
|
76
-7%
|
67
-11%
|
68
+2%
|
73
+7%
|
185
+152%
|
230
+25%
|
245
+6%
|
272
+11%
|
185
-32%
|
191
+4%
|
178
-7%
|
175
-2%
|
177
+2%
|
79
-55%
|
91
+15%
|
136
+50%
|
128
-5%
|
218
+70%
|
196
-10%
|
157
-20%
|
148
-6%
|
149
+0%
|
156
+5%
|
149
-4%
|
160
+7%
|
191
+20%
|
201
+5%
|
141
-30%
|
148
+5%
|
110
-26%
|
113
+3%
|
183
+61%
|
177
-3%
|
239
+35%
|
248
+4%
|
238
-4%
|
255
+7%
|
195
-24%
|
151
-23%
|
119
-21%
|
155
+31%
|
116
-25%
|
143
+23%
|
217
+52%
|
215
-1%
|
348
+62%
|
363
+4%
|
335
-8%
|
319
-5%
|
188
-41%
|
243
+29%
|
509
+110%
|
483
-5%
|
556
+15%
|
546
-2%
|
367
-33%
|
351
-4%
|
296
-16%
|
297
+1%
|
294
-1%
|
342
+16%
|
634
+85%
|
720
+14%
|
699
-3%
|
737
+6%
|
653
-11%
|
597
-9%
|
789
+32%
|
861
+9%
|
|
| EPS (Diluted) |
5.84
N/A
|
6.92
+18%
|
6.47
-7%
|
6.04
-7%
|
5.38
-11%
|
5.47
+2%
|
5.86
+7%
|
14.8
+153%
|
18.43
+25%
|
19.4
+5%
|
21.37
+10%
|
14.76
-31%
|
15.3
+4%
|
14.15
-8%
|
13.85
-2%
|
14.07
+2%
|
6.27
-55%
|
7.19
+15%
|
10.85
+51%
|
10.27
-5%
|
16.8
+64%
|
15.53
-8%
|
12.47
-20%
|
11.77
-6%
|
11.8
+0%
|
12.64
+7%
|
12.86
+2%
|
13.76
+7%
|
15.94
+16%
|
17.06
+7%
|
12.34
-28%
|
12.73
+3%
|
9.49
-25%
|
9.77
+3%
|
15.74
+61%
|
15.08
-4%
|
20.41
+35%
|
21.34
+5%
|
20.35
-5%
|
22
+8%
|
16.8
-24%
|
12.98
-23%
|
10.25
-21%
|
13.38
+31%
|
10.03
-25%
|
12.34
+23%
|
18.77
+52%
|
18.52
-1%
|
30.08
+62%
|
31.38
+4%
|
28.94
-8%
|
27.55
-5%
|
16.21
-41%
|
20.98
+29%
|
43.98
+110%
|
41.74
-5%
|
47.51
+14%
|
44.72
-6%
|
30.04
-33%
|
28.77
-4%
|
24.24
-16%
|
24.36
+0%
|
24.09
-1%
|
28.06
+16%
|
51.95
+85%
|
59.03
+14%
|
57.27
-3%
|
60.44
+6%
|
53.52
-11%
|
48.95
-9%
|
64.65
+32%
|
70.59
+9%
|
|