Keppel Infrastructure Trust (SGX:A7RU)

SGX:A7RU Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	2,330	2,214	2,036	2,006	1,575	1,499
Other Revenue	48.51	54.59	35.73	7.57	6.2	8.17
Revenue	2,378	2,269	2,072	2,014	1,581	1,507
Revenue Growth (YoY)	18.39%	9.52%	2.89%	27.34%	4.90%	-4.29%
Cost of Revenue	1,073	1,063	1,109	1,205	896.36	841.67
Gross Profit	1,305	1,205	962.4	808.49	684.86	665.68
Selling, General & Admin	644.87	577.95	396.44	325.49	268.61	246.24
Other Operating Expenses	152.54	155.67	128.56	146.18	105.37	96.18
Operating Expenses	1,025	953.46	730.68	628.35	534.06	505.17
Operating Income	280.02	252.03	231.72	180.14	150.8	160.52
Interest Expense	-225.54	-211.48	-180.44	-112.79	-76	-80.35
Earnings From Equity Investments	48.09	22.18	41.76	-63.72	0.89	-
Currency Exchange Gain (Loss)	1.42	3.19	6.37	0.99	-1.84	4.31
Other Non Operating Income (Expenses)	18.19	17.68	20.22	-2.41	-15.03	-12.28
EBT Excluding Unusual Items	122.19	83.6	119.63	2.2	58.81	72.19
Merger & Restructuring Charges	-	-	-	-	-4.81	-0.85
Gain (Loss) on Sale of Investments	43.94	1.18	9.26	20.82	-	-
Gain (Loss) on Sale of Assets	-	-	-	0.46	-0.11	-12.97
Asset Writedown	-	-	-	-	-14.14	-
Pretax Income	166.13	84.77	128.89	23.48	39.76	58.38
Income Tax Expense	21.63	25.65	21.83	26.31	15.95	20.79
Earnings From Continuing Operations	144.5	59.12	107.07	-2.83	23.8	37.59
Earnings From Discontinued Operations	-	-	-	-	-161.86	-89.75
Net Income to Company	144.5	59.12	107.07	-2.83	-138.05	-52.16
Minority Interest in Earnings	37.03	33.66	33	30.85	30.78	32
Net Income	181.53	92.78	140.06	28.02	-107.28	-20.16
Preferred Dividends & Other Adjustments	36.12	31.31	27.15	27.15	21.53	14.29
Net Income to Common	145.41	61.47	112.91	0.87	-128.81	-34.45
Net Income Growth	136.45%	-33.76%	399.90%	-	-	-
Shares Outstanding (Basic)	6,003	5,774	5,410	4,992	4,991	4,991
Shares Outstanding (Diluted)	6,003	5,774	5,410	4,992	4,991	4,991
Shares Change (YoY)	6.66%	6.73%	8.38%	0.01%	-0.01%	6.01%
EPS (Basic)	0.02	0.01	0.02	0.00	-0.03	-0.01
EPS (Diluted)	0.02	0.01	0.02	0.00	-0.03	-0.01
EPS Growth	175.17%	-48.99%	11964.16%	-	-	-
Free Cash Flow	129.78	227.15	238.17	198	205.86	316.54
Free Cash Flow Per Share	0.02	0.04	0.04	0.04	0.04	0.06
Dividend Per Share	0.039	0.039	0.039	0.038	0.038	0.037
Dividend Growth	1.03%	1.04%	1.05%	1.06%	1.61%	-
Gross Margin	54.88%	53.13%	46.46%	40.15%	43.31%	44.16%
Operating Margin	11.77%	11.11%	11.19%	8.95%	9.54%	10.65%
Profit Margin	6.11%	2.71%	5.45%	0.04%	-8.15%	-2.29%
Free Cash Flow Margin	5.46%	10.01%	11.50%	9.83%	13.02%	21.00%
EBITDA	485.83	450.58	419.75	320.93	306.74	315.62
EBITDA Margin	20.43%	19.86%	20.26%	15.94%	19.40%	20.94%
D&A For EBITDA	205.81	198.55	188.03	140.8	155.94	155.1
EBIT	280.02	252.03	231.72	180.14	150.8	160.52
EBIT Margin	11.77%	11.11%	11.19%	8.95%	9.54%	10.65%
Effective Tax Rate	13.02%	30.26%	16.93%	112.05%	40.13%	35.62%

Updated Feb 3, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.