CapitaLand Ascendas REIT (SGX:A17U)

CapitaLand Ascendas REIT Income Statement

Financials in millions SGD. 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	1,523	1,480	1,353	1,227	1,049
Other Revenue	0.5	0.48	0.35	3.3	9.59
Total Revenue	1,524	1,480	1,353	1,230	1,059
Revenue Growth (YoY	2.92%	9.40%	10.02%	16.13%	14.25%
Property Expenses	559.32	543.7	468.37	392.46	340.28
Selling, General & Administrative	12.39	15.7	16.36	14.19	10.2
Total Operating Expenses	571.7	559.4	484.73	406.64	350.48
Operating Income	951.84	920.86	868.31	823.19	708.57
Interest Expense	-273.83	-258.71	-189.18	-164.9	-164.59
Interest & Investment Income	2.92	2.62	2.25	6.93	5.12
Currency Exchange Gain (Loss)	-25.86	41.2	-37.86	0.1	11.15
Other Non-Operating Income	43.34	-52.67	134.99	63.92	-33.64
EBT Excluding Unusual Items	698.41	653.3	778.5	729.23	526.61
Gain (Loss) on Sale of Assets	45.36	11.83	-	23.99	5.39
Asset Writedown	2.47	-503.17	66.27	276.6	-37.76
Other Unusual Items	-	-	-	13.68	-
Pretax Income	746.25	161.95	844.78	1,044	494.24
Income Tax Expense	-17.86	-6.32	84.39	86.47	37.16
Earnings From Continuing Operations	764.11	168.27	760.39	957.04	457.08
Minority Interest in Earnings	-9.03	-9	-	-	-
Net Income	755.08	159.27	760.39	957.04	457.08
Preferred Dividends & Other Adjustments	9.03	9	9	9	15.14
Net Income to Common	746.06	150.27	751.39	948.04	441.94
Net Income Growth	374.08%	-79.05%	-20.55%	109.38%	-13.56%
Basic Shares Outstanding	4,396	4,317	4,200	4,128	3,666
Diluted Shares Outstanding	4,396	4,317	4,200	4,128	3,666
Shares Change (YoY)	1.82%	2.79%	1.75%	12.59%	14.60%
EPS (Basic)	0.17	0.03	0.18	0.23	0.12
EPS (Diluted)	0.17	0.03	0.18	0.23	0.12
EPS Growth	387.59%	-80.54%	-22.11%	90.53%	-25.05%
Dividend Per Share	0.152	0.152	0.158	0.153	0.147
Dividend Growth	0.30%	-4.04%	3.54%	3.88%	-5.64%
Operating Margin	62.48%	62.21%	64.18%	66.94%	66.91%
Profit Margin	48.97%	10.15%	55.53%	77.09%	41.73%
EBIT	951.84	920.86	868.31	823.19	708.57
EBIT Margin	62.48%	62.21%	64.18%	66.94%	66.91%
Effective Tax Rate	-	-	9.99%	8.29%	7.52%

Updated Feb 6, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.