Sinarmas Land Income Statement

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

Millions SGD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	1,488	1,341	1,243	895	910.48
Revenue Growth (YoY)	10.92%	7.90%	38.90%	-1.70%	-22.37%
Cost of Revenue	542.88	486.88	336.12	350.03	337.57
Gross Profit	944.87	854.44	907.01	544.97	572.91
Selling, General & Admin	389.64	330.29	313.49	238.14	238.29
Other Operating Expenses	-23.75	47	-20.27	-8.41	-1.92
Operating Expenses	365.89	377.29	293.23	229.74	236.38
Operating Income	578.98	477.15	613.78	315.23	336.53
Interest Expense	-153.32	-177.26	-179.58	-178	-195.86
Interest & Investment Income	71	67.88	42.86	51.72	75.96
Earnings From Equity Investments	7.69	108.2	32.7	32.79	-45.13
Currency Exchange Gain (Loss)	15.95	-43.69	-28.09	2.25	3.24
Other Non Operating Income (Expenses)	130.66	-1.3	-1.88	-	-
EBT Excluding Unusual Items	650.96	430.97	479.79	224	174.74
Gain (Loss) on Sale of Investments	-21.12	-	-	5.33	7.32
Gain (Loss) on Sale of Assets	-50.24	5.01	71.65	25.76	36.93
Asset Writedown	-60.92	-	-	-0.01	-0.05
Other Unusual Items	-	0.04	0.24	15.51	1.66
Pretax Income	518.68	436.02	551.67	270.6	220.59
Income Tax Expense	53.35	51.08	48.94	35.17	44.66
Earnings From Continuing Operations	465.33	384.94	502.74	235.43	175.93
Minority Interest in Earnings	-222.27	-112.44	-159.15	-89.74	-75.27
Net Income	243.06	272.5	343.59	145.7	100.66
Net Income to Common	243.06	272.5	343.59	145.7	100.66
Net Income Growth	-10.80%	-20.69%	135.83%	44.74%	-74.02%
Shares Outstanding (Basic)	4,255	4,255	4,255	4,255	4,255
Shares Outstanding (Diluted)	4,255	4,255	4,255	4,255	4,255
Shares Change (YoY)	-	-	-	-0.00%	-0.01%
EPS (Basic)	0.06	0.06	0.08	0.03	0.02
EPS (Diluted)	0.06	0.06	0.08	0.03	0.02
EPS Growth	-10.80%	-20.69%	135.83%	44.75%	-74.02%
Free Cash Flow	176.18	279.71	712.25	594.61	419.54
Free Cash Flow Per Share	0.04	0.07	0.17	0.14	0.10
Dividend Per Share	-	0.001	0.001	0.001	0.001
Dividend Growth	-	-42.03%	53.33%	-	-76.32%
Gross Margin	63.51%	63.70%	72.96%	60.89%	62.92%
Operating Margin	38.92%	35.57%	49.37%	35.22%	36.96%
Profit Margin	16.34%	20.32%	27.64%	16.28%	11.06%
Free Cash Flow Margin	11.84%	20.85%	57.29%	66.44%	46.08%
EBITDA	656.85	542.09	669.93	371.23	389.85
EBITDA Margin	44.15%	40.41%	53.89%	41.48%	42.82%
D&A For EBITDA	77.87	64.94	56.15	56	53.32
EBIT	578.98	477.15	613.78	315.23	336.53
EBIT Margin	38.92%	35.57%	49.37%	35.22%	36.96%
Effective Tax Rate	10.29%	11.71%	8.87%	13.00%	20.25%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.