CTRRF Income Statement

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

Millions CAD. 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	596.77	578.69	552.77	532.8	514.54	502.35
Total Revenue	596.77	578.69	552.77	532.8	514.54	502.35
Revenue Growth (YoY	4.11%	4.69%	3.75%	3.55%	2.43%	2.73%
Property Expenses	129.95	125.69	115.52	111.13	107.29	110.77
Selling, General & Administrative	17.05	16.12	15.24	14.48	14.59	13.02
Total Operating Expenses	147	141.81	130.76	125.61	121.88	123.79
Operating Income	449.77	436.88	422.01	407.18	392.65	378.56
Interest Expense	-128.72	-123.26	-114.48	-110.67	-105.72	-108.04
Interest & Investment Income	0.24	1.52	0.54	0.26	0.01	0.15
EBT Excluding Unusual Items	321.29	315.14	308.07	296.77	286.95	270.66
Asset Writedown	139.81	119.08	-78.64	27.85	169.91	-87.36
Pretax Income	461.11	434.22	229.43	324.61	456.86	183.31
Earnings From Continuing Operations	461.11	434.22	229.43	324.61	456.86	183.31
Minority Interest in Earnings	-248.86	-234.54	-124.15	-176.35	-248.69	-99.61
Net Income	212.25	199.68	105.29	148.26	208.17	83.69
Net Income to Common	212.25	199.68	105.29	148.26	208.17	83.69
Net Income Growth	36.89%	89.65%	-28.99%	-28.78%	148.73%	-38.76%
Basic Shares Outstanding	237	236	235	234	232	229
Diluted Shares Outstanding	328	335	337	328	319	323
Shares Change (YoY)	-2.96%	-0.59%	2.84%	2.98%	-1.26%	2.53%
EPS (Basic)	0.90	0.85	0.45	0.63	0.90	0.37
EPS (Diluted)	0.90	0.85	0.45	0.63	0.90	0.37
EPS Growth	35.97%	89.20%	-29.33%	-29.38%	145.41%	-40.47%
Dividend Per Share	0.944	0.925	0.898	0.854	0.821	0.793
Dividend Growth	2.33%	3.01%	5.23%	3.94%	3.60%	4.34%
Operating Margin	75.37%	75.49%	76.34%	76.42%	76.31%	75.36%
Profit Margin	35.57%	34.51%	19.05%	27.83%	40.46%	16.66%
EBIT	449.77	436.88	422.01	407.18	392.65	378.56
EBIT Margin	75.37%	75.49%	76.34%	76.42%	76.31%	75.36%
Funds From Operations (FFO)	321.89	314.75	307.91	296.2	287.57	270.73
FFO Per Share	1.36	1.33	1.31	1.26	1.24	1.18
Adjusted Funds From Operations (AFFO)	-	292.44	283.39	268.78	256.5	236.46
AFFO Per Share	-	1.24	1.20	1.15	1.10	1.03
FFO Payout Ratio	25.94%	25.41%	24.94%	24.32%	23.61%	24.59%

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