Mapletree Logistics Trust (MAPGF)

Mapletree Logistics Trust Income Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Rental Revenue	711.31	727.03	733.89	730.65	678.55	561.14
Other Revenue	-	-	-	-	-	24.34
Total Revenue	711.31	727.03	733.89	730.65	678.55	585.48
Revenue Growth (YoY	-2.34%	-0.94%	0.44%	7.68%	15.90%	18.04%
Property Expenses	189.17	192.25	190.11	185	164.76	125.32
Selling, General & Administrative	1.79	1.82	1.83	1.78	1.54	1.27
Other Operating Expenses	11.68	12.39	15.7	14.78	12.97	6.64
Total Operating Expenses	202.64	206.46	207.64	201.56	179.27	133.23
Operating Income	508.67	520.57	526.25	529.09	499.28	452.25
Interest Expense	-147.43	-149.94	-138.52	-128.51	-98.55	-81.8
Interest & Investment Income	2.59	2.65	2.94	2.44	1.57	7.35
Currency Exchange Gain (Loss)	-4.07	1.48	-12.3	-11.56	8.08	11.35
Other Non-Operating Income	-28.2	-33.9	13.28	40.23	18.31	-2.39
EBT Excluding Unusual Items	331.56	340.86	391.64	431.68	428.68	386.77
Gain (Loss) on Sale of Assets	0.05	0.52	-	-	-	-
Asset Writedown	-80.17	-67.61	1.49	225.77	565.03	178.95
Pretax Income	251.43	273.76	393.14	657.45	993.71	565.72
Income Tax Expense	57.21	64.87	63.11	88.43	210.28	101.71
Earnings From Continuing Operations	194.23	208.9	330.03	569.02	783.43	464.01
Minority Interest in Earnings	-1.68	-1.13	-2.55	-2.44	-0.99	-1.28
Net Income	192.55	207.77	327.48	566.58	782.44	462.73
Preferred Dividends & Other Adjustments	22.64	24.23	24.34	21.5	19.51	17.02
Net Income to Common	169.9	183.54	303.14	545.08	762.94	445.71
Net Income Growth	-35.29%	-36.55%	-42.20%	-27.59%	69.09%	17.37%
Basic Shares Outstanding	5,086	5,034	4,958	4,800	4,429	3,988
Diluted Shares Outstanding	5,086	5,034	4,958	4,800	4,429	3,988
Shares Change (YoY)	0.66%	1.54%	3.30%	8.38%	11.06%	7.75%
EPS (Basic)	0.03	0.04	0.06	0.11	0.17	0.11
EPS (Diluted)	0.03	0.04	0.06	0.11	0.17	0.11
EPS Growth	-38.09%	-40.33%	-46.20%	-34.08%	54.13%	9.69%
Dividend Per Share	0.074	0.081	0.090	0.090	0.088	0.083
Dividend Growth	-10.96%	-10.55%	-0.09%	2.55%	5.54%	2.26%
Operating Margin	71.51%	71.60%	71.71%	72.41%	73.58%	77.24%
Profit Margin	23.89%	25.25%	41.30%	74.60%	112.44%	76.13%
EBITDA	514.09	525.9	531.23	533.21	502.93	455.24
EBITDA Margin	72.27%	72.34%	72.39%	72.98%	74.12%	77.75%
D&A For Ebitda	5.41	5.33	4.98	4.12	3.66	2.99
EBIT	508.67	520.57	526.25	529.09	499.28	452.25
EBIT Margin	71.51%	71.60%	71.71%	72.41%	73.58%	77.24%
Effective Tax Rate	22.75%	23.69%	16.05%	13.45%	21.16%	17.98%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.