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Elbit Imaging Ltd. Announces Second Quarter Results for 2011
Date:8/31/2011

8,275 6,265,391 6,002,714 5,633,570 1,834,668 Shareholders' Equity Attributable to equity holders of the Company 677,921 833,261 760,740 198,513 Non Controlling interest 1,452,821 1,351,451 1,416,781 425,423 2,130,742 2,184,712 2,177,521 623,936 11,096,435 11,395,361 10,702,713 3,249,322


 

ELBIT IMAGING LTD.

CONSOLIDATED INCOME STATEMENTS

Year Six months Three months ended Six months ended ended December ended June 30 June 30 31, June 30 2011 2010 2011 2010 2010 2011 (in thousand NIS) Convenience translation US$'000 Revenues and gains Gain from bargain purchase - 397,082(*) - 397,082(*) 397,082 - Gain from sale of real estate assets - - - - 198,777 - Commercial centers 55,667 47,335 26,519 27,294 102,895 16,301 Gain from fair value adjustment of investment property 49,785 - 24,974 - 40,226 14,578 Investment property rental income 121,774 - 60,448 - 122,462 35,659 Hotels operations and management 138,147 193,866 78,912 101,386 403,822 40,453 Sale of medical systems 13,118 16,283 4,562 8,045 33,631 3,841 Sale of fashion merchandise and others 83,588 81,320 45,580 39,779 174,817 24,477 462,079 735,886 240,995 573,586 1,473,712 135,309 Expenses and losses Commercial centers 74,380 76,948 35,399 36,679 156,745 21,780 Investment property expenses 51,327 - 25,008 - 50,571 15,030 Hotels operations and management 117,732 163,868 64,402 82,777 341,291 34,475 Cost and expenses of medical systems operation 36,398 32,138 18,667 16,223 63,973 10,658 Cost of fashion merchandise and others 97,583 90,409 52,413 40,760 197,574 28,575 Research and development expenses 32,377 29,588 15,936 14,259 58,514 9,481 General and administrative expenses 32,310 34,595 17,635 16,135 65,292 9,461 Share in losses of associates, net 3,876 4,867 1,860 2,042 8,275 1,135 Financial expenses , net 9,501 151,039 (26,037) 49,816 372,769 2,782 Impairments, charges and other expenses, net 36,583 17,812 22,579 10,073 84,664 10,712 492
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SOURCE Elbit Imaging Ltd.
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