Keppel Infrastructure Trust (SGX:A7RU)

SGX:A7RU 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
Operating Revenue	2,214	2,036	2,006	1,575	1,499
Other Revenue	53.89	35.73	7.57	6.2	8.17
Revenue	2,268	2,072	2,014	1,581	1,507
Revenue Growth (YoY)	9.48%	2.89%	27.34%	4.90%	-4.29%
Cost of Revenue	1,063	1,109	1,205	896.36	841.67
Gross Profit	1,205	962.4	808.49	684.86	665.68
Selling, General & Admin	578.3	396.44	325.49	268.61	246.24
Other Operating Expenses	156.55	129.1	146.18	105.37	96.18
Operating Expenses	961.68	730.68	628.35	534.06	505.17
Operating Income	243.11	231.72	180.14	150.8	160.52
Interest Expense	-196.25	-180.44	-112.79	-76	-80.35
Earnings From Equity Investments	-3.57	41.76	-63.72	0.89	-
Currency Exchange Gain (Loss)	3.19	6.37	0.99	-1.84	4.31
Other Non Operating Income (Expenses)	2.66	20.22	-2.41	-15.03	-12.28
EBT Excluding Unusual Items	49.14	119.63	2.2	58.81	72.19
Merger & Restructuring Charges	-	-	-	-4.81	-0.85
Gain (Loss) on Sale of Investments	1.18	9.26	20.82	-	-
Gain (Loss) on Sale of Assets	-0.21	-	0.46	-0.11	-12.97
Asset Writedown	-	-	-	-14.14	-
Pretax Income	50.1	128.89	23.48	39.76	58.38
Income Tax Expense	24.77	21.83	26.31	15.95	20.79
Earnings From Continuing Operations	25.34	107.07	-2.83	23.8	37.59
Earnings From Discontinued Operations	-	-	-	-161.86	-89.75
Net Income to Company	25.34	107.07	-2.83	-138.05	-52.16
Minority Interest in Earnings	34.25	33	30.85	30.78	32
Net Income	59.59	140.06	28.02	-107.28	-20.16
Preferred Dividends & Other Adjustments	31.31	27.15	27.15	21.53	14.29
Net Income to Common	28.29	112.91	0.87	-128.81	-34.45
Net Income Growth	-57.45%	399.90%	-	-	-
Shares Outstanding (Basic)	5,774	5,410	4,992	4,991	4,991
Shares Outstanding (Diluted)	5,774	5,410	4,992	4,991	4,991
Shares Change (YoY)	6.72%	8.38%	0.01%	-0.01%	6.01%
EPS (Basic)	0.00	0.02	0.00	-0.03	-0.01
EPS (Diluted)	0.00	0.02	0.00	-0.03	-0.01
EPS Growth	-76.53%	11964.16%	-	-	-
Free Cash Flow	217.29	238.17	198	205.86	316.54
Free Cash Flow Per Share	0.04	0.04	0.04	0.04	0.06
Dividend Per Share	0.039	0.039	0.038	0.038	0.037
Dividend Growth	1.04%	1.05%	1.06%	1.61%	0%
Gross Margin	53.12%	46.46%	40.15%	43.31%	44.16%
Operating Margin	10.72%	11.19%	8.95%	9.54%	10.65%
Profit Margin	1.25%	5.45%	0.04%	-8.15%	-2.29%
Free Cash Flow Margin	9.58%	11.50%	9.83%	13.02%	21.00%
EBITDA	468.28	419.75	320.93	306.74	315.62
EBITDA Margin	20.65%	20.26%	15.94%	19.40%	20.94%
D&A For EBITDA	225.16	188.03	140.8	155.94	155.1
EBIT	243.11	231.72	180.14	150.8	160.52
EBIT Margin	10.72%	11.19%	8.95%	9.54%	10.65%
Effective Tax Rate	49.43%	16.93%	112.05%	40.13%	35.62%

Source: S&P Capital IQ. Standard template. Financial Sources.