Bund Center Investment Income Statement

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

Millions SGD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Rental Revenue	81.55	84.41	83.89	67.61	83.23
Total Revenue	81.55	84.41	83.89	67.61	83.23
Revenue Growth (YoY	-3.38%	0.61%	24.08%	-18.77%	20.98%
Property Expenses	47.13	47.91	47.97	43.21	51.08
Selling, General & Administrative	24.71	23.23	22.86	18.7	21.23
Other Operating Expenses	0.54	-5.32	-4.36	-4.62	-5.59
Total Operating Expenses	72.38	65.82	67.93	57.29	66.72
Operating Income	9.17	18.59	15.96	10.32	16.51
Interest Expense	-0.05	-0.02	-0.01	-	-0
Interest & Investment Income	-	5.81	4.68	5.43	5.37
Currency Exchange Gain (Loss)	-	-1.46	0.17	-2.37	-0.79
Other Non-Operating Income	5.63	-	-	-	-
EBT Excluding Unusual Items	14.75	22.92	20.8	13.38	21.1
Gain (Loss) on Sale of Assets	-	-	0.35	-	-
Asset Writedown	-	-0.19	-0.12	-0.05	-0.43
Pretax Income	14.75	22.7	21	13.31	20.66
Income Tax Expense	6.77	8.68	9.5	10.47	8.88
Earnings From Continuing Operations	7.98	14.02	11.5	2.83	11.79
Minority Interest in Earnings	-0.35	-0.46	-0.4	-0.26	-0.26
Net Income	7.63	13.57	11.1	2.58	11.53
Net Income to Common	7.63	13.57	11.1	2.58	11.53
Net Income Growth	-43.78%	22.24%	330.95%	-77.66%	20.25%
Basic Shares Outstanding	-	759	759	759	759
Diluted Shares Outstanding	-	759	759	759	759
EPS (Basic)	-	0.02	0.01	0.00	0.02
EPS (Diluted)	-	0.02	0.01	0.00	0.02
EPS Growth	-	22.24%	331.03%	-77.66%	20.25%
Dividend Per Share	-	0.014	0.028	0.035	0.030
Dividend Growth	-	-50.00%	-20.00%	16.67%	50.00%
Operating Margin	11.24%	22.02%	19.02%	15.26%	19.84%
Profit Margin	9.35%	16.07%	13.23%	3.81%	13.85%
EBITDA	30.93	39.02	36.45	32.11	38.43
EBITDA Margin	37.93%	46.23%	43.45%	47.49%	46.17%
D&A For Ebitda	21.77	20.43	20.49	21.79	21.91
EBIT	9.17	18.59	15.96	10.32	16.51
EBIT Margin	11.24%	22.02%	19.02%	15.26%	19.84%
Effective Tax Rate	45.89%	38.24%	45.26%	78.70%	42.97%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.