CapitaLand Investment Income Statement

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

Millions SGD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Rental Revenue	2,490	2,815	2,784	2,876	2,293	1,983
Total Revenue	2,490	2,815	2,784	2,876	2,293	1,983
Revenue Growth (YoY	-11.20%	1.11%	-3.20%	25.42%	15.63%	-20.30%
Property Expenses	1,395	1,550	1,524	1,586	1,235	1,109
Selling, General & Administrative	527	536	497	487	763	475
Other Operating Expenses	-52	-43	-53	-76	-125	-20
Total Operating Expenses	1,870	2,043	1,968	1,997	1,873	1,564
Operating Income	620	772	816	879	420	419
Interest Expense	-409	-507	-488	-432	-353	-377
Interest & Investment Income	51	59	68	88	34	50
Income (Loss) on Equity Investments	608	620	273	531	1,218	-25
Currency Exchange Gain (Loss)	-41	-38	-	-132	15	32
EBT Excluding Unusual Items	829	906	669	934	1,334	99
Merger & Restructuring Charges	-12	-12	-1	-3	-	-2
Impairment of Goodwill	-	-	-	-	-	-150
Gain (Loss) on Sale of Investments	-127	-96	41	189	137	99
Gain (Loss) on Sale of Assets	-42	-15	23	12	202	41
Asset Writedown	-8	-9	-258	250	240	-728
Other Unusual Items	-5	-	-	6	43	82
Pretax Income	635	774	474	1,388	1,956	-559
Income Tax Expense	52	80	141	318	396	114
Earnings From Continuing Operations	583	694	333	1,070	1,560	-673
Minority Interest in Earnings	-148	-215	-152	-209	-211	114
Net Income	435	479	181	861	1,349	-559
Net Income to Common	435	479	181	861	1,349	-559
Net Income Growth	170.19%	164.64%	-78.98%	-36.18%	-	-
Basic Shares Outstanding	4,988	5,028	5,116	5,129	3,517	2,808
Diluted Shares Outstanding	5,047	5,088	5,180	5,208	3,586	2,808
Shares Change (YoY)	-2.19%	-1.78%	-0.53%	45.23%	27.72%	5.78%
EPS (Basic)	0.09	0.10	0.04	0.17	0.38	-0.20
EPS (Diluted)	0.09	0.09	0.04	0.17	0.38	-0.20
EPS Growth	183.14%	168.57%	-78.79%	-56.12%	-	-
Dividend Per Share	0.120	0.120	0.120	0.120	0.120	-
Operating Margin	24.90%	27.43%	29.31%	30.56%	18.32%	21.13%
Profit Margin	17.47%	17.02%	6.50%	29.94%	58.83%	-28.19%
EBITDA	689	858	898	958	517	520
EBITDA Margin	27.67%	30.48%	32.26%	33.31%	22.55%	26.22%
D&A For Ebitda	69	86	82	79	97	101
EBIT	620	772	816	879	420	419
EBIT Margin	24.90%	27.42%	29.31%	30.56%	18.32%	21.13%
Effective Tax Rate	8.19%	10.34%	29.75%	22.91%	20.24%	-

Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.