Derwent London Plc (LON:DLN)

Derwent London Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Rental Revenue	214.8	212.8	207	195.3	202.9
Other Revenue	64.7	55.2	44.3	33	65.7
Total Revenue	279.5	268	251.3	228.3	268.6
Revenue Growth (YoY	4.29%	6.64%	10.07%	-15.00%	16.53%
Property Expenses	78.3	71.2	53.9	52.8	71.4
Selling, General & Administrative	41.8	40.8	38.2	37.1	37.8
Provision for Loan Losses	-	-	-	-	-0.1
Other Operating Expenses	-0.1	-0.1	-	-	-
Total Operating Expenses	120.2	113.9	91.1	92.1	119.4
Operating Income	159.3	154.1	160.2	136.2	149.2
Interest Expense	-41.5	-41.5	-39.7	-28.1	-30.3
Interest & Investment Income	0.2	0.8	0.2	-	0.2
Other Non-Operating Income	-0.9	-1.6	5.6	2.9	-3.6
EBT Excluding Unusual Items	117.1	111.8	126.3	111	115.5
Gain (Loss) on Sale of Investments	-0.3	-9.2	-9.3	-	-
Gain (Loss) on Sale of Assets	1.9	1.2	25.6	10.4	1.7
Asset Writedown	-2.7	-581.5	-422.1	131.1	-196.1
Other Unusual Items	-	1.8	-	-	-4.1
Pretax Income	116	-475.9	-279.5	252.5	-83
Income Tax Expense	0.1	0.5	1	-1.3	-1.6
Earnings From Continuing Operations	115.9	-476.4	-280.5	253.8	-81.4
Minority Interest in Earnings	-	-	-	-1.5	3.8
Net Income	115.9	-476.4	-280.5	252.3	-77.6
Net Income to Common	115.9	-476.4	-280.5	252.3	-77.6
Basic Shares Outstanding	112	112	112	112	112
Diluted Shares Outstanding	113	112	112	112	112
Shares Change (YoY)	0.27%	0.02%	-0.13%	0.45%	-0.05%
EPS (Basic)	1.03	-4.24	-2.50	2.25	-0.69
EPS (Diluted)	1.03	-4.24	-2.50	2.24	-0.69
Dividend Per Share	0.805	0.795	0.785	0.765	0.745
Dividend Growth	1.26%	1.27%	2.61%	2.75%	2.76%
Operating Margin	56.99%	57.50%	63.75%	59.66%	55.55%
Profit Margin	41.47%	-177.76%	-111.62%	110.51%	-28.89%
EBITDA	160.3	155.2	161.2	137.1	149.9
EBITDA Margin	57.35%	57.91%	64.15%	60.05%	55.81%
D&A For Ebitda	1	1.1	1	0.9	0.7
EBIT	159.3	154.1	160.2	136.2	149.2
EBIT Margin	56.99%	57.50%	63.75%	59.66%	55.55%
Effective Tax Rate	0.09%	-	-	-	-

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