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Statements of Changes in Equity 10 -

Number ofoutstandingsharesSharecapitalAdditionalpaid–incapitalAccumulatedothercomprehensiveincome (loss)RetainedearningsNon–controllinginterestTotalequity
Balance as of January 1, 202244,260,868$12,762$420,966$(97,857)$2,195,764$14,628$2,546,263
Exercise of options83,33824————24
Stock based compensation——10,463———10,463
Dividends paid and declared—————(11,275)(11,275)
Dividends paid and declared————(88,648)—(88,648)
Other comprehensive loss, net of tax expense of $1,419———26,299—(920)25,379
Net income attributable to non-controlling interests—————2121
Net income attributable to Elbit Systems Ltd.'s shareholders————275,448—275,448
Balance as of December 31, 202244,344,206$12,786$431,429$(71,558)$2,382,564$2,454$2,757,675

F - 10

Number ofoutstandingsharesSharecapitalAdditionalpaid–incapitalAccumulatedothercomprehensiveincome (loss)RetainedearningsNon–controllinginterestTotalequity
Balance as of January 1, 202344,344,206$12,786$431,429$(71,558)$2,382,564$2,454$2,757,675
Exercise of options109,64430————30
Stock-based compensation——12,141———12,141
Dividends paid and decleared————(88,781)(522)(89,303)
Other comprehensive income, net of tax income of $132———53,761—13153,892
Net income attribuatable to non controlling interests—————725725
Net income attributable to Elbit Systems Ltd.'s shareholders————215,131—215,131
Balance as of December 31, 202344,453,850$12,816$443,570$(17,797)$2,508,914$2,788$2,950,291

F - 11

Number ofoutstandingsharesSharecapitalAdditionalpaid–incapitalAccumulatedothercomprehensiveincome (loss)RetainedearningsNon–controllinginterestTotalequity
Balance as of January 1, 202444,453,850$12,816$443,570$(17,797)$2,508,914$2,788$2,950,291
Exercise of options93,82326————26
Stock-based compensation——15,760———15,760
Dividends paid and declared————(88,982)—(88,982)
Other comprehensive income, net of tax expense of $3,541———82,095—(74)82,021
Net income attributable to non controlling interests—————726726
Net income————321,138—321,138
Balance as of December 31, 202444,547,673$12,842$459,330$64,298$2,741,070$3,440$3,280,980

F - 12

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