British Land Company Income Statement

Financials in millions GBP. Fiscal year is April - March.

Millions GBP. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '25 Sep 30, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Rental Revenue	498	454	575	418	412	468
Other Revenue	104	104	100	100	80	52
Total Revenue	602	558	675	518	492	520
Revenue Growth (YoY	20.40%	-17.33%	30.31%	5.29%	-5.38%	-22.39%
Property Expenses	134	123	146	97	133	180
Selling, General & Administrative	78	82	85	88	88	74
Total Operating Expenses	212	205	231	185	221	254
Operating Income	390	353	444	333	271	266
Interest Expense	-122	-112	-107	-90	-84	-93
Interest & Investment Income	3	2	1	2	-	-
Other Non-Operating Income	3	7	10	116	77	43
EBT Excluding Unusual Items	274	250	348	361	264	216
Gain (Loss) on Sale of Investments	84	-14	-179	-567	167	-409
Gain (Loss) on Sale of Assets	-46	-42	-23	-30	57	28
Asset Writedown	140	148	-131	-798	475	-888
Pretax Income	452	342	15	-1,034	963	-1,053
Income Tax Expense	5	4	14	5	-2	30
Earnings From Continuing Operations	447	338	1	-1,039	965	-1,083
Minority Interest in Earnings	-	-	-2	1	-2	52
Net Income	447	338	-1	-1,038	963	-1,031
Net Income to Common	447	338	-1	-1,038	963	-1,031
Net Income Growth	164.50%	-	-	-	-	-
Basic Shares Outstanding	997	962	927	927	927	927
Diluted Shares Outstanding	1,000	965	927	927	930	927
Shares Change (YoY)	7.70%	4.10%	-	-0.32%	0.32%	-0.75%
EPS (Basic)	0.45	0.35	-0.00	-1.12	1.04	-1.11
EPS (Diluted)	0.45	0.35	-0.00	-1.12	1.03	-1.11
EPS Growth	145.46%	-	-	-	-	-
Dividend Per Share	0.229	0.228	0.228	0.226	0.219	0.150
Dividend Growth	-	-	0.71%	3.28%	45.75%	-5.79%
Operating Margin	64.78%	63.26%	65.78%	64.29%	55.08%	51.15%
Profit Margin	74.25%	60.57%	-0.15%	-200.39%	195.73%	-198.27%
EBITDA	397	361	452	340	276	270
EBITDA Margin	65.95%	64.70%	66.96%	65.64%	56.10%	51.92%
D&A For Ebitda	7	8	8	7	5	4
EBIT	390	353	444	333	271	266
EBIT Margin	64.78%	63.26%	65.78%	64.29%	55.08%	51.15%
Effective Tax Rate	1.11%	1.17%	93.33%	-	-	-

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.