Investore Property Income Statement

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

Millions NZD. Fiscal year is Apr - Mar.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Rental Revenue	81	76.11	72.82	70.99	67.92
Total Revenue	81	76.11	72.82	70.99	67.92
Revenue Growth (YoY	6.42%	4.52%	2.59%	4.51%	5.28%
Property Expenses	21.04	19.01	16.95	16.89	15.39
Selling, General & Administrative	2.72	2.72	2.76	2.7	4.23
Total Operating Expenses	23.76	21.74	19.71	19.59	19.61
Operating Income	57.24	54.38	53.11	51.4	48.31
Interest Expense	-20.67	-19.25	-18.2	-16.32	-14.26
Interest & Investment Income	0.03	0.22	0.19	0.09	0.01
Other Non-Operating Income	0.98	-	-	-	0.16
EBT Excluding Unusual Items	37.58	35.34	35.11	35.17	34.21
Gain (Loss) on Sale of Assets	0.93	1.06	-	-	0.58
Asset Writedown	0.26	12.13	-98.73	-185.25	91.02
Pretax Income	38.77	48.53	-63.63	-150.07	125.81
Income Tax Expense	7.07	10.18	3.49	0.13	7.64
Net Income	31.71	38.35	-67.11	-150.2	118.17
Net Income to Common	31.71	38.35	-67.11	-150.2	118.17
Net Income Growth	-17.33%	-	-	-	-26.72%
Basic Shares Outstanding	378	374	369	368	368
Diluted Shares Outstanding	408	374	369	368	368
Shares Change (YoY)	9.01%	1.39%	0.43%	-0.11%	1.83%
EPS (Basic)	0.08	0.10	-0.18	-0.41	0.32
EPS (Diluted)	0.08	0.10	-0.18	-0.41	0.32
EPS Growth	-21.97%	-	-	-	-28.04%
Dividend Per Share	0.065	0.065	0.072	0.079	0.079
Dividend Growth	-	-9.72%	-8.86%	-	3.95%
Operating Margin	70.67%	71.44%	72.93%	72.41%	71.13%
Profit Margin	39.14%	50.39%	-92.16%	-211.59%	173.97%
EBIT	57.24	54.38	53.11	51.4	48.31
EBIT Margin	70.67%	71.44%	72.93%	72.41%	71.13%
Adjusted Funds From Operations (AFFO)	21.93	24.64	24.57	28.62	26.19
Effective Tax Rate	18.23%	20.97%	-	-	6.07%