TEL — Makedonski Telekom ad Skopje Income Statement

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Annual income statement for Makedonski Telekom ad Skopje, fiscal year end - December 31st, MKD millions except per share, conversion factor applied.

	2021 December 31st	2022 December 31st	2023 December 31st	2024 December 31st	2025 December 31st
Period Length:	12 M	12 M	12 M	12 M	12 M
Source:	ARS	ARS	ARS	ARS	ARS
Standards:	MAS	MAS	MAS	—	MAS
Status:	Final	Final	Final	Final	Final
Revenue
Total Revenue	11,217	11,769	11,913	12,145	12,531
Cost of Revenue
Gross Profit	6,634	6,496	7,027	7,492	7,705
Selling / General / Administrative Expenses
Depreciation and Amortization
Other Operating Expenses
Total Operating Expenses	9,485	9,956	9,572	9,687	9,656
Operating Profit	1,731	1,814	2,341	2,458	2,875
Total Net Non Operating Interest Income / Expense
Other Net Non Operating Costs
Net Income Before Taxes	1,764	1,707	2,353	2,556	2,868
Provision for Income Taxes
Net Income After Taxes	1,591	1,500	2,080	2,239	2,535
Minority Interest
Net Income Before Extraordinary Items
Net Income	902	850	1,179	1,269	1,437
Adjustments to Net Income
Income Available to Common Shareholders Excluding Extraordinary Items
Income Available to Common Shareholders Including Extraordinary Items
Diluted Net Income	902	850	1,179	1,269	1,437
Diluted Weighted Average Shares
Basic EPS Including Extraordinary Items
Diluted EPS Including Extraordinary Items
Diluted EPS Excluding Extraordinary Items
Normalised Income Before Taxes
Normalised Income After Taxes
Normalised Income Available to Common Shareholders
Diluted Normalised EPS	10.5	9.86	13.7	14.7	16.7
Dividends per Share