Mapletree Logistics Trust (SGX: M44U)

Mapletree Logistics Trust Income Statement

Financials in millions SGD. Fiscal year is April - March.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2024	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Rental Revenue	730	733.89	730.65	678.55	561.14	490.78
Other Revenue	-	-	-	-	24.34	5.24
Total Revenue	730	733.89	730.65	678.55	585.48	496.01
Revenue Growth (YoY	0.28%	0.44%	7.68%	15.90%	18.04%	9.56%
Property Expenses	190.78	190.11	185	164.76	125.32	105.25
Selling, General & Administrative	1.82	1.83	1.78	1.54	1.27	2.88
Other Operating Expenses	17.02	17.48	14.78	12.97	6.64	3.49
Total Operating Expenses	209.62	209.42	201.56	179.27	133.23	111.62
Operating Income	520.39	524.47	529.09	499.28	452.25	384.39
Interest Expense	-145.28	-138.52	-128.51	-98.55	-81.8	-78.64
Interest & Investment Income	2.78	2.94	2.44	1.57	7.35	9.82
Currency Exchange Gain (Loss)	-0.46	-12.3	-11.56	8.08	11.35	-1.68
Other Non-Operating Income	-28.21	13.28	40.23	18.31	-2.39	-16.67
EBT Excluding Unusual Items	349.22	389.87	431.68	428.68	386.77	297.21
Gain (Loss) on Sale of Assets	-	-	-	-	-	58.3
Asset Writedown	-4.45	1.49	225.77	565.03	178.95	90.97
Other Unusual Items	1.78	1.78	-	-	-	-
Pretax Income	346.55	393.14	657.45	993.71	565.72	446.48
Income Tax Expense	65.45	63.11	88.43	210.28	101.71	51.18
Earnings From Continuing Operations	281.1	330.03	569.02	783.43	464.01	395.3
Minority Interest in Earnings	-1.52	-2.55	-2.44	-0.99	-1.28	-1.07
Net Income	279.58	327.48	566.58	782.44	462.73	394.24
Preferred Dividends & Other Adjustments	25.11	24.34	21.5	19.51	17.02	17.07
Net Income to Common	254.47	303.14	545.08	762.94	445.71	377.17
Net Income Growth	-50.21%	-42.20%	-27.59%	69.09%	17.37%	-13.55%
Basic Shares Outstanding	4,994	4,958	4,800	4,429	3,988	3,701
Diluted Shares Outstanding	4,994	4,958	4,800	4,429	3,988	3,701
Shares Change (YoY)	2.45%	3.30%	8.38%	11.06%	7.75%	9.32%
EPS (Basic)	0.05	0.06	0.11	0.17	0.11	0.10
EPS (Diluted)	0.05	0.06	0.11	0.17	0.11	0.10
EPS Growth	-53.89%	-46.20%	-34.08%	54.13%	9.69%	-21.42%
Dividend Per Share	0.086	0.090	0.090	0.088	0.083	0.081
Dividend Growth	-5.26%	-0.09%	2.55%	5.54%	2.26%	2.53%
Operating Margin	71.29%	71.46%	72.41%	73.58%	77.24%	77.50%
Profit Margin	34.86%	41.31%	74.60%	112.44%	76.13%	76.04%
Free Cash Flow Margin	81.07%	78.14%	83.45%	72.79%	76.29%	74.45%
EBITDA	525.57	529.45	533.21	502.93	455.24	387.34
EBITDA Margin	72.00%	72.14%	72.98%	74.12%	77.75%	78.09%
D&A For Ebitda	5.18	4.98	4.12	3.66	2.99	2.95
EBIT	520.39	524.47	529.09	499.28	452.25	384.39
EBIT Margin	71.29%	71.46%	72.41%	73.58%	77.24%	77.50%
Effective Tax Rate	18.89%	16.05%	13.45%	21.16%	17.98%	11.46%

Source: S&P Capital IQ. Real Estate template. Financial Sources.