CapitaLand Investment Income Statement

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

Millions SGD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun '24 Jun 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019
Rental Revenue	2,804	2,784	2,876	2,293	1,983	2,488
Total Revenue	2,804	2,784	2,876	2,293	1,983	2,488
Revenue Growth (YoY	-2.20%	-3.20%	25.43%	15.63%	-20.30%	-
Property Expenses	1,529	1,524	1,586	1,235	1,109	1,317
Selling, General & Administrative	509	497	487	763	475	432
Other Operating Expenses	-50	-44	-76	-125	-20	-30
Total Operating Expenses	1,988	1,977	1,997	1,873	1,564	1,719
Operating Income	816	807	879	420	419	769
Interest Expense	-508	-488	-432	-353	-377	-312
Interest & Investment Income	59	68	88	34	50	48
Income (Loss) on Equity Investments	278	273	531	1,218	-25	965
Currency Exchange Gain (Loss)	-22	-	-132	15	32	-23
Other Non-Operating Income	-	-	-	-	-	-15
EBT Excluding Unusual Items	623	660	934	1,334	99	1,432
Merger & Restructuring Charges	-1	-1	-3	-	-2	-
Impairment of Goodwill	-	-	-	-	-150	-
Gain (Loss) on Sale of Investments	91	41	189	137	99	49
Gain (Loss) on Sale of Assets	49	22	12	202	41	-2
Asset Writedown	-258	-257	250	240	-728	538
Other Unusual Items	14	9	6	43	82	4
Pretax Income	518	474	1,388	1,956	-559	2,021
Income Tax Expense	187	141	318	396	114	273
Earnings From Continuing Operations	331	333	1,070	1,560	-673	1,748
Minority Interest in Earnings	-170	-152	-209	-211	114	-304
Net Income	161	181	861	1,349	-559	1,444
Net Income to Common	161	181	861	1,349	-559	1,444
Net Income Growth	-79.33%	-78.98%	-36.17%	-	-	-
Basic Shares Outstanding	5,090	5,116	5,129	3,517	2,808	2,654
Diluted Shares Outstanding	5,160	5,180	5,208	3,586	2,808	2,654
Shares Change (YoY)	-0.47%	-0.53%	45.23%	27.72%	5.78%	-
EPS (Basic)	0.03	0.04	0.17	0.38	-0.20	0.54
EPS (Diluted)	0.03	0.04	0.17	0.38	-0.20	0.54
EPS Growth	-79.59%	-78.79%	-56.12%	-	-	-
Dividend Per Share	0.120	0.120	0.120	0.120	-	-
Operating Margin	29.10%	28.99%	30.56%	18.32%	21.13%	30.91%
Profit Margin	5.74%	6.50%	29.94%	58.83%	-28.19%	58.04%
Free Cash Flow Margin	22.79%	24.50%	25.56%	29.09%	9.23%	12.74%
EBITDA	900	889	958	517	520	854
EBITDA Margin	32.10%	31.93%	33.31%	22.55%	26.22%	34.32%
D&A For Ebitda	84	82	79	97	101	85
EBIT	816	807	879	420	419	769
EBIT Margin	29.10%	28.99%	30.56%	18.32%	21.13%	30.91%
Effective Tax Rate	36.10%	29.75%	22.91%	20.25%	-	13.51%

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