Formula Systems (1985) Ltd. reported unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2016. For the quarter, the company reported revenues of $302,314,000 compared to $253,375,000 a year ago. Operating income was $22,922,000 compared to $20,969,000 a year ago. Income before taxes on income was $19,621,000 compared to $18,808,000 a year ago. Net income attributable to shareholders was $5,945,000 or $0.40 per diluted share compared to $5,738,000 or $0.39 per diluted share a year ago. For the year, the company reported revenues of $1,108,621,000 compared to $973,194,000 a year ago. Operating income was $88,500,000 compared to $75,866,000 a year ago. Income before taxes on income was $76,914,000 compared to $66,333,000 a year ago. Net income attributable to shareholders was $22,445,000 or $1.49 per diluted share compared to $19,829,000 or $1.33 per diluted share a year ago.