Landmark REIT (SGX:D5IU)

Landmark REIT Balance Sheet

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Property, Plant & Equipment	1,411	1,424	1,566	1,537	1,661	1,796
Cash & Equivalents	47.84	16.31	19.98	39.73	111.04	122.1
Accounts Receivable	21.97	20.77	23.91	24.3	32.68	38.8
Other Receivables	2.86	3.39	5.22	4.72	8.31	10.22
Other Intangible Assets	-	-	-	5.23	10.51	18.6
Restricted Cash	12.45	12.57	13.74	100.61	-	-
Other Current Assets	14.53	13.82	13.22	11.26	11.74	43.36
Total Assets	1,511	1,491	1,642	1,723	1,836	2,029
Current Portion of Long-Term Debt	24.9	53.34	23.33	283.83	140.31	67.54
Current Portion of Leases	0.02	0.03	0.03	0.03	0.13	0.45
Long-Term Debt	575.96	588.41	710.28	558.16	715.56	790.57
Long-Term Leases	1.88	1.85	1.89	0.55	0.69	0.57
Accounts Payable	22.78	23.02	31.48	34.7	32.47	29.16
Accrued Expenses	16.04	14.87	11.75	7.79	2.51	-
Current Income Taxes Payable	4.16	4.43	3.87	1.93	4.78	3.11
Current Unearned Revenue	-	-	-	44.98	-	-
Other Current Liabilities	76.86	82.74	70.13	36.78	55.63	57.74
Long-Term Unearned Revenue	32.31	29.74	35.7	30.2	77.96	84.03
Long-Term Deferred Tax Liabilities	18.73	18.93	15.6	15.68	21.88	8.2
Other Long-Term Liabilities	38.15	39.2	37.9	18.42	-	-
Total Liabilities	811.79	856.56	941.95	1,033	1,052	1,041
Common Stock	442.49	377.56	443.2	433.47	526.98	728.02
Comprehensive Income & Other	256.79	256.79	256.79	256.79	256.79	259.45
Shareholders' Equity	699.27	634.34	699.99	690.25	783.77	987.47
Total Liabilities & Equity	1,511	1,491	1,642	1,723	1,836	2,029
Total Debt	602.76	643.63	735.53	842.57	856.69	859.13
Net Cash (Debt)	-554.92	-627.32	-715.54	-802.85	-745.65	-737.02
Net Cash Per Share	-0.06	-0.08	-0.09	-0.10	-0.10	-0.10
Filing Date Shares Outstanding	16,702	7,697	7,697	7,697	7,697	7,697
Total Common Shares Outstanding	16,702	7,697	7,697	7,697	7,697	7,673
Book Value Per Share	0.03	0.05	0.06	0.06	0.07	0.09
Tangible Book Value	699.27	634.34	699.99	685.02	773.25	968.88
Tangible Book Value Per Share	0.03	0.05	0.06	0.06	0.07	0.09

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