Barwa Real Estate Company Q.P.S.C. (QSE:BRES)

QSE:BRES Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Rental Revenue	1,444	1,443	1,746	1,885	1,334
Gain (Loss) on Sale of Assets (Rev)	0.07	-	-	-	-
Gain (Loss) on Sale of Investments (Rev)	-1.79	52.72	-5.66	5.06	1.56
Other Revenue	473.31	125.91	834.41	1,570	292.16
Total Revenue	1,916	1,622	2,575	3,462	1,639
Revenue Growth (YoY	18.11%	-37.02%	-25.61%	111.24%	1.03%
Property Expenses	684.2	568.98	1,177	1,989	643.88
Selling, General & Administrative	200.69	205.73	209.56	208.62	213.89
Depreciation & Amortization	17.17	17.79	17.38	37.52	56.86
Provision for Loan Losses	-	-	0.09	1.62	3.76
Other Operating Expenses	-4.86	-17.34	-11.79	-16.54	-106.47
Total Operating Expenses	874.37	723.42	1,707	2,323	902.08
Operating Income	1,041	898.39	868.36	1,139	736.62
Interest Expense	-793.51	-778.73	-426.71	-274.04	-305.53
Interest & Investment Income	130.16	36.24	19.54	12.85	10.89
Currency Exchange Gain (Loss)	-1.98	-3.57	-64.96	-2.26	-2.87
Other Non-Operating Income	41.81	-66.38	8.54	-0.1	0.54
EBT Excluding Unusual Items	417.66	85.95	404.77	875.41	439.65
Impairment of Goodwill	-	-6	-	-	-
Gain (Loss) on Sale of Investments	2.46	19.42	7.16	-0.76	13.26
Gain (Loss) on Sale of Assets	4.9	489.86	57.97	0.05	0.08
Asset Writedown	804.08	588.05	676.19	255.3	785.65
Total Legal Settlements	29.79	5.76	21.08	26.37	17.65
Other Unusual Items	-0.24	73.66	-5.78	-22.62	-14.45
Pretax Income	1,259	1,257	1,161	1,134	1,242
Income Tax Expense	11.14	10.06	10.6	14.85	27.14
Earnings From Continuing Operations	1,247	1,247	1,151	1,119	1,215
Earnings From Discontinued Operations	-6.29	-13.09	-	-	-
Net Income to Company	1,241	1,234	1,151	1,119	1,215
Minority Interest in Earnings	-5.06	-4.29	-12.75	-5.24	-0.51
Net Income	1,236	1,229	1,138	1,114	1,214
Net Income to Common	1,236	1,229	1,138	1,114	1,214
Net Income Growth	0.56%	8.01%	2.19%	-8.28%	-19.20%
Basic Shares Outstanding	3,891	3,891	3,891	3,891	3,891
Diluted Shares Outstanding	3,891	3,891	3,891	3,891	3,891
EPS (Basic)	0.32	0.32	0.29	0.29	0.31
EPS (Diluted)	0.32	0.32	0.29	0.29	0.31
EPS Growth	0.56%	8.01%	2.19%	-8.28%	-19.20%
Dividend Per Share	0.180	0.180	0.175	0.175	0.125
Dividend Growth	0%	2.86%	0%	40.00%	-37.50%
Operating Margin	54.35%	55.39%	33.72%	32.90%	44.95%
Profit Margin	64.53%	75.79%	44.19%	32.17%	74.09%
Free Cash Flow Margin	194.95%	62.55%	7.46%	33.32%	37.49%
EBITDA	1,075	931.42	904.36	1,193	806.18
EBITDA Margin	56.13%	57.43%	35.12%	34.45%	49.20%
D&A For Ebitda	34.01	33.03	36	53.6	69.56
EBIT	1,041	898.39	868.36	1,139	736.62
EBIT Margin	54.35%	55.39%	33.72%	32.90%	44.95%
Effective Tax Rate	0.89%	0.80%	0.91%	1.31%	2.19%

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