SGX:S35 Income Statement

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

Millions SGD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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
Interest and Dividend Income	140.55	151.13	146.14	82.46	73.56
Total Interest Expense	64.88	86.11	90.88	21.4	14.57
Net Interest Income	75.68	65.02	55.26	61.07	58.99
Commissions and Fees	5.82	3.31	2.09	1.65	2.16
Other Revenue	4.01	3.54	3.41	2.66	2.9
Revenue Before Loan Losses	85.51	71.86	60.76	65.37	64.05
Provision for Loan Losses	4.53	0.03	-7.5	-6.5	0.84
Revenue	80.98	71.82	68.26	71.87	63.21
Revenue Growth (YoY)	12.75%	5.22%	-5.02%	13.69%	34.86%
Salaries & Employee Benefits	21	19.4	20.06	18.63	18.1
Other Operating Expenses	7.1	6.45	6.16	6.79	5.8
Total Operating Expenses	30.18	28.2	28.63	27.85	26.12
Operating Income	50.8	43.63	39.63	44.02	37.09
EBT Excluding Unusual Items	50.85	43.68	39.64	44.07	37.13
Pretax Income	50.85	43.68	39.81	44.07	37.32
Income Tax Expense	8.53	7.34	6.6	6.87	5.89
Net Income	42.32	36.34	33.21	37.2	31.43
Net Income to Common	42.32	36.34	33.21	37.2	31.43
Net Income Growth	16.46%	9.43%	-10.73%	18.36%	60.36%
Shares Outstanding (Basic)	236	236	236	236	236
Shares Outstanding (Diluted)	236	236	236	236	236
EPS (Basic)	0.18	0.15	0.14	0.16	0.13
EPS (Diluted)	0.18	0.15	0.14	0.16	0.13
EPS Growth	16.46%	9.43%	-10.73%	18.36%	60.37%
Free Cash Flow	-57.13	-166.44	147.87	-43.16	-66.82
Free Cash Flow Per Share	-0.24	-0.70	0.63	-0.18	-0.28
Dividend Per Share	0.075	0.065	0.060	0.067	0.053
Dividend Growth	15.38%	8.33%	-10.45%	25.70%	122.08%
Operating Margin	62.74%	60.74%	58.06%	61.26%	58.68%
Profit Margin	52.26%	50.60%	48.65%	51.77%	49.73%
Free Cash Flow Margin	-70.55%	-231.74%	216.63%	-60.05%	-105.70%
Effective Tax Rate	16.77%	16.80%	16.59%	15.58%	15.77%