Colombo Land and Development Company PLC (COSE:CLND.N0000)

COSE:CLND.N0000 Income Statement

Financials in millions LKR. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Rental Revenue	448.25	442.76	376.78	339.16	335.22	438.41
Total Revenue	448.25	442.76	376.78	339.16	335.22	438.41
Revenue Growth (YoY	13.14%	17.51%	11.09%	1.18%	-23.54%	-8.06%
Property Expenses	151.57	157.61	156.34	111.39	102.8	108.49
Selling, General & Administrative	142.68	146.94	108.02	111.49	109.21	125.09
Total Operating Expenses	294.25	304.55	264.36	222.88	212.02	233.58
Operating Income	154.01	138.21	112.42	116.28	123.2	204.83
Interest Expense	-182.74	-199.15	-305.78	-291.92	-194.67	-230.89
Interest & Investment Income	-	1.58	6.26	9.29	3.13	1.38
Currency Exchange Gain (Loss)	-	0.06	-	-	-	-
Other Non-Operating Income	24.02	5.76	0.21	0.82	-10.88	-0.71
EBT Excluding Unusual Items	-4.72	-53.54	-186.89	-165.54	-79.22	-25.39
Gain (Loss) on Sale of Assets	-	21.68	28.31	46.55	2.26	0.05
Asset Writedown	396.93	396.93	587.62	153.11	138.59	200.86
Pretax Income	392.22	365.07	429.04	34.12	61.62	175.53
Income Tax Expense	269.79	269.77	108.21	765.26	-562.34	116.32
Earnings From Continuing Operations	122.43	95.3	320.83	-731.13	623.96	59.21
Minority Interest in Earnings	0.01	0.01	0.01	0.01	0.01	0.02
Net Income	122.44	95.31	320.84	-731.13	623.97	59.23
Net Income to Common	122.44	95.31	320.84	-731.13	623.97	59.23
Net Income Growth	-65.77%	-70.29%	-	-	953.53%	-82.19%
Basic Shares Outstanding	201	200	200	200	200	200
Diluted Shares Outstanding	201	200	200	200	200	200
Shares Change (YoY)	2.31%	-	-	-	-	-
EPS (Basic)	0.61	0.48	1.61	-3.66	3.12	0.30
EPS (Diluted)	0.61	0.48	1.61	-3.66	3.12	0.30
EPS Growth	-66.54%	-70.29%	-	-	953.54%	-82.19%
Operating Margin	34.36%	31.22%	29.84%	34.28%	36.75%	46.72%
Profit Margin	27.31%	21.53%	85.15%	-215.57%	186.14%	13.51%
EBITDA	158.48	142.81	116.79	133.95	130.97	211.08
EBITDA Margin	35.35%	32.25%	31.00%	39.50%	39.07%	48.15%
D&A For Ebitda	4.47	4.6	4.37	17.67	7.77	6.25
EBIT	154.01	138.21	112.42	116.28	123.2	204.83
EBIT Margin	34.36%	31.22%	29.84%	34.28%	36.75%	46.72%
Effective Tax Rate	68.79%	73.89%	25.22%	2242.54%	-	66.27%

Updated Feb 27, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.