SGX:S35 Income Statement

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

Millions SGD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Interest and Dividend Income	150.56	151.13	146.14	82.46	73.56	83.5
Total Interest Expense	80.3	86.11	90.88	21.4	14.57	36.27
Net Interest Income	70.26	65.02	55.26	61.07	58.99	47.23
Commissions and Fees	4.81	3.31	2.09	1.65	2.16	1.74
Gain (Loss) on Sale of Investments	-	-	-	-	-	0.28
Other Revenue	3.81	3.54	3.41	2.66	2.9	3.16
Revenue Before Loan Losses	78.88	71.86	60.76	65.37	64.05	52.4
Provision for Loan Losses	-0.27	0.03	-7.5	-6.5	0.84	5.53
Revenue	79.15	71.82	68.26	71.87	63.21	46.87
Revenue Growth (YoY)	16.39%	5.22%	-5.02%	13.69%	34.86%	-3.36%
Salaries & Employee Benefits	20.07	19.4	20.06	18.63	18.1	15.98
Other Operating Expenses	6.65	6.45	6.16	6.79	5.8	8.03
Total Operating Expenses	28.92	28.2	28.63	27.85	26.12	26.23
Operating Income	50.22	43.63	39.63	44.02	37.09	20.64
EBT Excluding Unusual Items	50.25	43.68	39.64	44.07	37.13	20.73
Other Unusual Items	-	-	-	-	-	2.51
Pretax Income	50.25	43.68	39.81	44.07	37.32	23.24
Income Tax Expense	8.3	7.34	6.6	6.87	5.89	3.64
Net Income	41.95	36.34	33.21	37.2	31.43	19.6
Net Income to Common	41.95	36.34	33.21	37.2	31.43	19.6
Net Income Growth	27.59%	9.43%	-10.73%	18.36%	60.36%	-2.08%
Shares Outstanding (Basic)	236	236	236	236	236	236
Shares Outstanding (Diluted)	236	236	236	236	236	236
EPS (Basic)	0.18	0.15	0.14	0.16	0.13	0.08
EPS (Diluted)	0.18	0.15	0.14	0.16	0.13	0.08
EPS Growth	27.59%	9.43%	-10.73%	18.36%	60.37%	-2.08%
Free Cash Flow	105.49	-166.44	147.87	-43.16	-66.82	97.19
Free Cash Flow Per Share	0.45	-0.70	0.63	-0.18	-0.28	0.41
Dividend Per Share	0.065	0.065	0.060	0.067	0.053	0.024
Dividend Growth	8.33%	8.33%	-10.45%	25.70%	122.08%	-40.00%
Operating Margin	63.46%	60.74%	58.06%	61.26%	58.68%	44.04%
Profit Margin	53.00%	50.60%	48.65%	51.77%	49.73%	41.82%
Free Cash Flow Margin	133.29%	-231.74%	216.63%	-60.05%	-105.70%	207.36%
Effective Tax Rate	16.52%	16.80%	16.59%	15.58%	15.77%	15.66%

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