Cellcom Israel Ltd.Netanya, Israel (NYSE: CEL)

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Cellcom Income Statement

All amounts in millions of except per share amounts.
View: Annual
Dec 07 Dec 06 Dec 05
Revenue 1,573.9 1,330.0 1,192.0
Cost of Goods Sold 889.8 787.0 728.0
Gross Profit 684.1 543.0 464.0
Gross Profit Margin 43.5% 40.8% 38.9%
SG&A Expense 139.4 102.0 73.0
Depreciation & Amortization 212.2 209.0 219.0
Operating Income 332.4 232.0 172.0
Operating Margin 21.1% 17.4% 14.4%
Nonoperating Income -- (38.0) 14.0
Nonoperating Expenses 25.8 -- 21.0
Income Before Taxes 306.7 194.0 168.0
Income Taxes 80.6 72.0 51.0
Net Income After Taxes 226.0 122.0 117.0

Continuing Operations 226.0 122.0 114.0
Discontinued Operations -- -- --
Total Operations 226.0 122.0 114.0
Total Net Income 226.0 122.0 114.0
Net Profit Margin 14.4% 9.2% 9.6%

Diluted EPS from Total Net Income ($) 2.30 1.25 1.17
Dividends per Share 1.35 -- --
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