LON:0HQK Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 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	534.39	493.88	513.96	542.25	554.17	554.06
Property Management Fees	5.8	7.61	7.92	7.16	7.14	6.8
Other Revenue	13.46	14.08	13.41	13.61	15.56	15
Total Revenue	553.64	515.56	535.29	563.01	576.88	575.86
Revenue Growth (YoY	5.74%	-3.69%	-4.92%	-2.40%	0.18%	-25.09%
Property Expenses	197.68	175.15	187.14	191.73	188.45	187.88
Selling, General & Administrative	70.29	67.25	64.07	67.22	52.34	53.43
Depreciation & Amortization	156.7	140.59	190.51	256.31	208.08	215.03
Other Operating Expenses	0.16	0.23	0.22	0.83	0.75	0.95
Total Operating Expenses	424.83	383.22	441.93	516.09	449.61	457.29
Operating Income	128.81	132.34	93.36	46.92	127.27	118.57
Interest Expense	-169.38	-154.49	-172.91	-217.34	-267.9	-200.66
Interest & Investment Income	13.48	15.71	13.2	4.94	2.57	6.4
Income (Loss) on Equity Investments	19.15	22.93	11.87	19.8	-10.03	-14.85
EBT Excluding Unusual Items	-7.93	16.5	-54.49	-145.69	-148.1	-90.55
Gain (Loss) on Sale of Investments	-	-	-	-0.04	-	-
Gain (Loss) on Sale of Assets	108.14	16.68	53	41.6	86.44	4.7
Asset Writedown	-3.82	-1.46	-	-0.25	-146.78	-213.36
Total Legal Settlements	0.4	0.55	2.31	0.3	1.05	7.86
Other Unusual Items	26.51	25.91	3.27	7.64	-436.57	-27.34
Pretax Income	123.3	58.17	4.1	-96.44	-643.95	-318.69
Income Tax Expense	0.15	1.06	0.89	3.08	-4.81	16.84
Earnings From Continuing Operations	123.15	57.12	3.2	-99.52	-639.14	-335.53
Net Income to Company	123.15	57.12	3.2	-99.52	-639.14	-335.53
Minority Interest in Earnings	1.8	1.85	3.34	6.03	16.97	40.45
Net Income	124.95	58.97	6.55	-93.48	-622.17	-295.08
Preferred Dividends & Other Adjustments	1.7	1.21	1.11	2.54	-	37.41
Net Income to Common	123.26	57.76	5.43	-96.02	-622.17	-332.49
Net Income Growth	280.90%	800.86%	-	-	-	-
Basic Shares Outstanding	30	31	31	30	167	190
Diluted Shares Outstanding	31	31	31	30	167	190
Shares Change (YoY)	-1.44%	-1.09%	4.18%	-82.02%	-12.17%	9.71%
EPS (Basic)	4.06	1.87	0.17	-3.20	-3.72	-1.75
EPS (Diluted)	4.02	1.87	0.17	-3.20	-3.72	-1.75
EPS Growth	297.30%	999.46%	-	-	-	-
Dividend Per Share	1.650	1.600	1.500	0.750	-	-
Dividend Growth	4.76%	6.67%	100.00%	-	-	-
Operating Margin	23.27%	25.67%	17.44%	8.33%	22.06%	20.59%
Profit Margin	22.26%	11.20%	1.01%	-17.05%	-107.85%	-57.74%
EBITDA	301.22	288.59	305.29	324.03	339.35	333.03
EBITDA Margin	54.41%	55.98%	57.03%	57.55%	58.83%	57.83%
D&A For Ebitda	172.4	156.26	211.93	277.11	212.08	214.46
EBIT	128.81	132.34	93.36	46.92	127.27	118.57
EBIT Margin	23.27%	25.67%	17.44%	8.33%	22.06%	20.59%
Funds From Operations (FFO)	222.02	198.19	211.11	-	-	108.18
FFO Per Share	7.22	6.40	6.59	-	-	-
Adjusted Funds From Operations (AFFO)	-	207.29	213.17	-	-	140.76
AFFO Per Share	-	6.69	6.66	-	-	-
FFO Payout Ratio	22.94%	25.41%	55.94%	-	-	-
Effective Tax Rate	0.12%	1.81%	21.82%	-	-	-
Revenue as Reported	553.64	515.56	535.29	563.01	576.88	575.86

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