Mapletree Logistics Trust (MAPGF)

Mapletree Logistics Trust Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Rental Revenue	728.39	733.89	730.65	678.55	561.14	490.78
Other Revenue	-	-	-	-	24.34	5.24
Total Revenue	728.39	733.89	730.65	678.55	585.48	496.01
Revenue Growth (YoY	-0.47%	0.44%	7.68%	15.90%	18.04%	9.56%
Property Expenses	191.34	190.11	185	164.76	125.32	105.25
Selling, General & Administrative	1.82	1.83	1.78	1.54	1.27	2.88
Other Operating Expenses	16.09	15.7	14.78	12.97	6.64	3.49
Total Operating Expenses	209.25	207.64	201.56	179.27	133.23	111.62
Operating Income	519.15	526.25	529.09	499.28	452.25	384.39
Interest Expense	-148.57	-138.52	-128.51	-98.55	-81.8	-78.64
Interest & Investment Income	2.78	2.94	2.44	1.57	7.35	9.82
Currency Exchange Gain (Loss)	-1.11	-12.3	-11.56	8.08	11.35	-1.68
Other Non-Operating Income	-4.86	13.28	40.23	18.31	-2.39	-16.67
EBT Excluding Unusual Items	367.39	391.64	431.68	428.68	386.77	297.21
Gain (Loss) on Sale of Assets	0.52	-	-	-	-	58.3
Asset Writedown	-3.77	1.49	225.77	565.03	178.95	90.97
Pretax Income	365.91	393.14	657.45	993.71	565.72	446.48
Income Tax Expense	66.84	63.11	88.43	210.28	101.71	51.18
Earnings From Continuing Operations	299.07	330.03	569.02	783.43	464.01	395.3
Minority Interest in Earnings	-1.51	-2.55	-2.44	-0.99	-1.28	-1.07
Net Income	297.56	327.48	566.58	782.44	462.73	394.24
Preferred Dividends & Other Adjustments	24.7	24.34	21.5	19.51	17.02	17.07
Net Income to Common	272.86	303.14	545.08	762.94	445.71	377.17
Net Income Growth	-46.40%	-42.20%	-27.59%	69.09%	17.37%	-13.55%
Basic Shares Outstanding	5,016	4,958	4,800	4,429	3,988	3,701
Diluted Shares Outstanding	5,016	4,958	4,800	4,429	3,988	3,701
Shares Change (YoY)	2.05%	3.30%	8.38%	11.06%	7.75%	9.32%
EPS (Basic)	0.05	0.06	0.11	0.17	0.11	0.10
EPS (Diluted)	0.05	0.06	0.11	0.17	0.11	0.10
EPS Growth	-49.75%	-46.20%	-34.08%	54.13%	9.69%	-21.42%
Dividend Per Share	0.083	0.090	0.090	0.088	0.083	0.081
Dividend Growth	-8.29%	-0.09%	2.55%	5.54%	2.26%	2.53%
Operating Margin	71.27%	71.71%	72.41%	73.58%	77.24%	77.50%
Profit Margin	37.46%	41.31%	74.60%	112.44%	76.13%	76.04%
Free Cash Flow Margin	75.35%	78.14%	83.45%	72.79%	76.29%	74.45%
EBITDA	524.34	531.23	533.21	502.93	455.24	387.34
EBITDA Margin	71.99%	72.39%	72.98%	74.12%	77.75%	78.09%
D&A For Ebitda	5.19	4.98	4.12	3.66	2.99	2.95
EBIT	519.15	526.25	529.09	499.28	452.25	384.39
EBIT Margin	71.27%	71.71%	72.41%	73.58%	77.24%	77.50%
Effective Tax Rate	18.27%	16.05%	13.45%	21.16%	17.98%	11.46%

Source: S&P Capital IQ. Real Estate template. Financial Sources.