CapitaLand Ascott Trust Income Statement

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

Millions SGD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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	810.07	837.58	809.52	744.56	621.24	394.41
Total Revenue	810.07	837.58	809.52	744.56	621.24	394.41
Revenue Growth (YoY	-3.28%	3.47%	8.72%	19.85%	57.51%	6.64%
Property Expenses	482.15	489.69	474.39	440.53	368.84	250.54
Selling, General & Administrative	11.09	10.62	9.84	11	9.9	7.97
Depreciation & Amortization	20.72	21.02	22.67	24.62	20.5	19.02
Other Operating Expenses	9.32	9.31	9.78	5.59	3.84	7.36
Total Operating Expenses	523.28	530.65	516.68	481.74	403.08	284.88
Operating Income	286.79	306.94	292.84	262.82	218.16	109.53
Interest Expense	-104.49	-112.2	-121.7	-103.63	-69.99	-51.33
Interest & Investment Income	5.38	6.36	6.08	4.31	1.33	2.55
Income (Loss) on Equity Investments	-0.02	-	0.02	0.01	3.89	-0.24
Currency Exchange Gain (Loss)	62.39	39.69	-20.59	26.17	-24.39	-3.31
Other Non-Operating Income	-52.9	-23.81	19.94	-4.37	3.02	12.55
EBT Excluding Unusual Items	197.15	216.97	176.59	185.31	132.02	69.75
Gain (Loss) on Sale of Assets	82.84	99.04	62.69	16.02	0.1	153.23
Asset Writedown	128.14	128.37	49.94	100.9	127.67	147.26
Other Unusual Items	-	-	-	-	-	4.7
Pretax Income	408.13	444.38	289.21	302.23	259.78	374.93
Income Tax Expense	100.92	111.76	44.92	72.44	33.56	64.52
Earnings From Continuing Operations	307.21	332.62	244.29	229.78	226.22	310.42
Minority Interest in Earnings	-5.14	-5.01	-3.11	1.47	-2.92	-1.1
Net Income	302.07	327.61	241.18	231.26	223.31	309.32
Preferred Dividends & Other Adjustments	17.82	17.21	14.41	13.5	13.5	13.5
Net Income to Common	284.25	310.41	226.76	217.76	209.81	295.82
Net Income Growth	-8.43%	36.89%	4.13%	3.79%	-29.08%	-
Basic Shares Outstanding	3,835	3,817	3,784	3,568	3,341	3,160
Diluted Shares Outstanding	3,861	3,844	3,810	3,589	3,358	3,174
Shares Change	0.43%	0.91%	6.14%	6.88%	5.80%	2.50%
EPS (Basic)	0.07	0.08	0.06	0.06	0.06	0.09
EPS (Diluted)	0.07	0.08	0.06	0.06	0.06	0.09
EPS Growth	-8.77%	35.63%	-1.98%	-2.88%	-32.94%	-
Dividend Per Share	0.061	0.061	0.061	0.066	0.057	0.043
Dividend Growth	0.10%	0.08%	-7.26%	16.05%	31.26%	41.97%
Operating Margin	35.40%	36.65%	36.17%	35.30%	35.12%	27.77%
Profit Margin	35.09%	37.06%	28.01%	29.25%	33.77%	75.00%
EBITDA	324.1	344.41	331.05	301.72	253.93	142.18
EBITDA Margin	40.01%	41.12%	40.89%	40.52%	40.88%	36.05%
D&A For Ebitda	37.31	37.47	38.22	38.9	35.77	32.64
EBIT	286.79	306.94	292.84	262.82	218.16	109.53
EBIT Margin	35.40%	36.65%	36.17%	35.30%	35.12%	27.77%
Effective Tax Rate	24.73%	25.15%	15.53%	23.97%	12.92%	17.21%