B Communications Income Statement

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

Millions ILS. Fiscal year is Jan - Dec.

Year	2023	2022	2021	2020	2019	2018 - 2004
Revenue	9,103	8,986	8,821	8,723	8,929	Upgrade
Revenue Growth (YoY)	1.30%	1.87%	1.12%	-2.31%	-4.21%	Upgrade
Cost of Revenue	1,936	1,837	1,895	1,902	2,026	Upgrade
Gross Profit	7,167	7,149	6,926	6,821	6,903	Upgrade
Selling, General & Admin	2,556	2,631	2,619	2,583	3,276	Upgrade
Operating Expenses	7,207	7,291	7,050	6,952	7,089	Upgrade
Operating Income	1,749	1,625	1,856	1,708	620	Upgrade
Interest Income	22	20	28	30	0	Upgrade
Interest Expense	407	352	435	351	472	Upgrade
Other Expense / Income	831	799	938	896	-426	Upgrade
Pretax Income	1,400	1,227	1,378	1,234	146	Upgrade
Income Tax	346	336	382	334	1,392	Upgrade
Net Income	187	158	129	157	-818	Upgrade
Net Income Growth	18.35%	22.48%	-17.83%	-	-	Upgrade
Shares Outstanding (Basic)	108	111	115	116	43	Upgrade
Shares Outstanding (Diluted)	108	112	116	116	43	Upgrade
Shares Change	-3.71%	-3.45%	-	169.77%	43.93%	Upgrade
EPS (Basic)	1.73	1.42	1.11	1.35	-19.02	Upgrade
EPS (Diluted)	1.73	1.41	1.11	1.35	-19.02	Upgrade
EPS Growth	22.70%	27.03%	-17.78%	-	-	Upgrade
Free Cash Flow	1,734	1,792	1,135	1,710	1,428	Upgrade
Free Cash Flow Per Share	16.08	16.00	9.78	14.74	33.21	Upgrade
Gross Margin	78.73%	79.56%	78.52%	78.20%	77.31%	Upgrade
Operating Margin	19.21%	18.08%	21.04%	19.58%	6.94%	Upgrade
Profit Margin	2.05%	1.76%	1.46%	1.80%	-9.16%	Upgrade
Free Cash Flow Margin	19.05%	19.94%	12.87%	19.60%	15.99%	Upgrade
Effective Tax Rate	24.71%	27.38%	27.72%	27.07%	953.42%	Upgrade
EBITDA	3,795	3,528	3,651	3,613	3,902	Upgrade
EBITDA Margin	41.69%	39.26%	41.39%	41.42%	43.70%	Upgrade
Depreciation & Amortization	1,867	1,868	1,889	1,858	2,064	Upgrade
EBIT	1,928	1,660	1,762	1,755	1,838	Upgrade
EBIT Margin	21.18%	18.47%	19.98%	20.12%	20.58%	Upgrade

Sources: The data provider is Financial Modeling Prep and the numbers are sourced from SEC filings.