FORMULA SYSTEMS (1985) LTD (FORTY) [Rocket]

In millions, except per share items	Dec-31-21	Dec-31-20	Dec-31-19	Dec-31-18	Dec-31-17	Dec-31-16	Dec-31-15	Dec-31-14
	S-1/A	S-1/A	S-1/A	20-F	20-F	20-F	S-1/A	20-F
Total interest income								2.9
Total interest expense								1.9
Net interest income								4.8
Pre-tax income	0.0	0.0	0.0	0.0	0.0	0.0	0.0	30.2
Income taxes	0.0	0.0	0.0	0.0	0.0	0.0	0.0	10.1
Tax rate								33.4%
Minority interest	87.3	67.2	55.6					13.7
Net income	0.0	0.0	0.0	77.4	0.0	0.0	0.0	81.0
Net margin								12.7%

Basic EPS								$5.81
Diluted EPS								$5.62

Shares outstanding (basic)								13.9
Shares outstanding (diluted)								14.4

EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.