Keppel DC REIT 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	435.17	310.29	281.21	277.32	271.07
Other Revenue	6.19	-	-8.28	-8.98	-1
Total Revenue	441.36	310.29	272.92	268.34	270.07
Revenue Growth (YoY	42.24%	13.69%	1.71%	-0.64%	1.69%
Property Expenses	95.69	77.79	63.06	51.12	46.7
Selling, General & Administrative	0.68	1.49	1.32	1.21	1.12
Other Operating Expenses	13.46	12.19	4.28	5.94	6.41
Total Operating Expenses	109.83	91.46	68.65	58.27	54.23
Operating Income	331.53	218.82	204.27	210.07	215.83
Interest Expense	-48.94	-51.51	-48.52	-31.07	-21.22
Interest & Investment Income	15.31	15.39	10.93	9.25	0.56
Other Non-Operating Income	2.35	5.89	-0.97	8.63	4.4
EBT Excluding Unusual Items	300.25	188.59	165.71	196.88	199.58
Gain (Loss) on Sale of Assets	10.83	31.61	-	-	-0.2
Asset Writedown	161.65	120.61	-27.93	68.29	151.37
Pretax Income	472.72	340.81	137.78	265.17	350.75
Income Tax Expense	38.04	26.83	15.57	30.99	29.18
Earnings From Continuing Operations	434.68	313.98	122.2	234.17	321.57
Minority Interest in Earnings	-6.86	-13.31	-3.67	-3.27	-7.92
Net Income	427.82	300.67	118.53	230.91	313.66
Net Income to Common	427.82	300.67	118.53	230.91	313.66
Net Income Growth	42.29%	153.67%	-48.67%	-26.38%	86.53%
Basic Shares Outstanding	2,287	1,759	1,720	1,718	1,662
Diluted Shares Outstanding	2,287	1,759	1,720	1,718	1,662
Shares Change (YoY)	29.99%	2.25%	0.16%	3.32%	1.81%
EPS (Basic)	0.19	0.17	0.07	0.13	0.19
EPS (Diluted)	0.19	0.17	0.07	0.13	0.19
EPS Growth	9.46%	148.09%	-48.75%	-28.75%	83.21%
Dividend Per Share	0.104	0.095	0.094	0.102	0.099
Dividend Growth	9.84%	0.73%	-8.14%	3.69%	7.43%
Operating Margin	75.11%	70.52%	74.84%	78.29%	79.92%
Profit Margin	96.93%	96.90%	43.43%	86.05%	116.14%
EBIT	331.53	218.82	204.27	210.07	215.83
EBIT Margin	75.11%	70.52%	74.84%	78.29%	79.92%
Effective Tax Rate	8.05%	7.87%	11.30%	11.69%	8.32%
Revenue as Reported	441.36	-	-	-	-

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