CapitaLand China Trust Income Statement

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

Millions SGD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Rental Revenue	276.79	309.94	330.91	356.44	348.57
Other Revenue	26.93	31.59	33.84	26.73	29.4
Total Revenue	303.72	341.53	364.75	383.17	377.97
Revenue Growth (YoY	-11.07%	-6.37%	-4.81%	1.38%	79.53%
Property Expenses	118.67	122.17	126.16	134.24	132.53
Selling, General & Administrative	1.36	11.3	12.26	15.83	15.16
Other Operating Expenses	2.72	1.86	2.18	1.95	3.24
Total Operating Expenses	122.74	135.33	140.59	152.03	150.93
Operating Income	180.98	206.2	224.15	231.14	227.04
Interest Expense	-57.9	-83.17	-92.96	-64.26	-39.26
Interest & Investment Income	1.49	3.43	3.72	4.17	3.94
Currency Exchange Gain (Loss)	1.98	0.8	6.86	0.16	0.7
Other Non-Operating Income	-3.3	17.4	21.5	5.73	-7.63
EBT Excluding Unusual Items	123.25	144.66	163.28	176.93	184.79
Gain (Loss) on Sale of Assets	-11.99	7.31	-	-1.83	15.06
Asset Writedown	-50.68	-89.78	-39.87	67.81	-10.26
Other Unusual Items	-	-	1.57	-	-
Pretax Income	60.58	62.18	124.98	242.91	189.59
Income Tax Expense	55.01	66.12	70.01	87.79	66.79
Earnings From Continuing Operations	5.57	-3.94	54.97	155.13	122.8
Minority Interest in Earnings	-11.06	-10.75	-14.15	-32.13	-16.12
Net Income	-5.49	-14.68	40.83	122.99	106.68
Preferred Dividends & Other Adjustments	4.45	3.38	3.38	3.38	3.38
Net Income to Common	-9.94	-18.07	37.45	119.62	103.3
Net Income Growth	-	-	-66.81%	15.29%	-
Basic Shares Outstanding	1,751	1,705	1,684	1,670	1,543
Diluted Shares Outstanding	1,751	1,705	1,700	1,684	1,555
Shares Change (YoY)	2.73%	0.31%	0.94%	8.30%	24.36%
EPS (Basic)	-0.01	-0.01	0.02	0.07	0.07
EPS (Diluted)	-0.01	-0.01	0.02	0.07	0.07
EPS Growth	-	-	-69.03%	6.92%	-
Dividend Per Share	0.048	0.057	0.067	0.075	0.087
Dividend Growth	-14.69%	-16.17%	-10.13%	-14.09%	37.48%
Operating Margin	59.59%	60.38%	61.46%	60.32%	60.07%
Profit Margin	-3.27%	-5.29%	10.27%	31.22%	27.33%
EBITDA	181.59	206.86	225.11	232.31	228.35
EBITDA Margin	59.79%	60.57%	61.72%	60.63%	60.42%
D&A For Ebitda	0.61	0.66	0.95	1.16	1.31
EBIT	180.98	206.2	224.15	231.14	227.04
EBIT Margin	59.59%	60.38%	61.46%	60.32%	60.07%
Effective Tax Rate	90.80%	106.33%	56.02%	36.14%	35.23%
Revenue as Reported	303.72	341.53	364.75	383.17	377.97

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