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	Jun 30, 2024	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Rental Revenue	733.39	733.89	730.65	678.55	561.14	490.78
Other Revenue	-	-	-	-	24.34	5.24
Total Revenue	733.39	733.89	730.65	678.55	585.48	496.01
Revenue Growth (YoY	1.13%	0.44%	7.68%	15.90%	18.04%	9.56%
Property Expenses	191.29	190.11	185	164.76	125.32	105.25
Selling, General & Administrative	1.83	1.83	1.78	1.54	1.27	2.88
Other Operating Expenses	17.47	17.48	14.78	12.97	6.64	3.49
Total Operating Expenses	210.6	209.42	201.56	179.27	133.23	111.62
Operating Income	522.79	524.47	529.09	499.28	452.25	384.39
Interest Expense	-142.63	-138.52	-128.51	-98.55	-81.8	-78.64
Interest & Investment Income	2.87	2.94	2.44	1.57	7.35	9.82
Currency Exchange Gain (Loss)	-19.09	-12.3	-11.56	8.08	11.35	-1.68
Other Non-Operating Income	19.87	13.28	40.23	18.31	-2.39	-16.67
EBT Excluding Unusual Items	383.82	389.87	431.68	428.68	386.77	297.21
Gain (Loss) on Sale of Assets	-	-	-	-	-	58.3
Asset Writedown	5.58	1.49	225.77	565.03	178.95	90.97
Other Unusual Items	1.78	1.78	-	-	-	-
Pretax Income	391.17	393.14	657.45	993.71	565.72	446.48
Income Tax Expense	72.21	63.11	88.43	210.28	101.71	51.18
Earnings From Continuing Operations	318.96	330.03	569.02	783.43	464.01	395.3
Minority Interest in Earnings	-2.01	-2.55	-2.44	-0.99	-1.28	-1.07
Net Income	316.95	327.48	566.58	782.44	462.73	394.24
Preferred Dividends & Other Adjustments	24.34	24.34	21.5	19.51	17.02	17.07
Net Income to Common	292.61	303.14	545.08	762.94	445.71	377.17
Net Income Growth	-43.39%	-42.20%	-27.59%	69.09%	17.37%	-13.55%
Basic Shares Outstanding	4,975	4,958	4,800	4,429	3,988	3,701
Diluted Shares Outstanding	4,975	4,958	4,800	4,429	3,988	3,701
Shares Change (YoY)	2.88%	3.30%	8.38%	11.06%	7.75%	9.32%
EPS (Basic)	0.06	0.06	0.11	0.17	0.11	0.10
EPS (Diluted)	0.06	0.06	0.11	0.17	0.11	0.10
EPS Growth	-47.19%	-46.20%	-34.08%	54.13%	9.69%	-21.42%
Dividend Per Share	0.088	0.090	0.090	0.088	0.083	0.081
Dividend Growth	-2.37%	-0.09%	2.55%	5.54%	2.26%	2.53%
Operating Margin	71.28%	71.46%	72.41%	73.58%	77.24%	77.50%
Profit Margin	39.90%	41.31%	74.60%	112.44%	76.13%	76.04%
Free Cash Flow Margin	82.76%	78.14%	83.45%	72.79%	76.29%	74.45%
EBITDA	527.84	529.45	533.21	502.93	455.24	387.34
EBITDA Margin	71.97%	72.14%	72.98%	74.12%	77.75%	78.09%
D&A For Ebitda	5.05	4.98	4.12	3.66	2.99	2.95
EBIT	522.79	524.47	529.09	499.28	452.25	384.39
EBIT Margin	71.28%	71.46%	72.41%	73.58%	77.24%	77.50%
Effective Tax Rate	18.46%	16.05%	13.45%	21.16%	17.98%	11.46%

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