TSX:D.UN Income Statement

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

Millions CAD. 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
Rental Revenue	183.38	196.11	190.45	196.27	195.93
Other Revenue	-29.77	10.76	-31.49	59.71	90.31
Total Revenue	154.41	208.44	161.85	258.17	287.84
Revenue Growth (YoY	-25.92%	28.79%	-37.31%	-10.31%	17.16%
Property Expenses	82.79	89.98	88.11	90.15	88.32
Selling, General & Administrative	10	10.55	10.69	9.98	9.81
Depreciation & Amortization	0	0.12	0.16	0.43	0.9
Total Operating Expenses	92.79	100.65	98.97	100.56	99.02
Operating Income	61.62	107.79	62.88	157.61	188.82
Interest Expense	-65.1	-67.89	-64.21	-57.07	-48.61
Other Non-Operating Income	-7.96	-32.54	20.81	58.83	-32.58
EBT Excluding Unusual Items	-11.44	7.37	19.48	159.37	107.63
Gain (Loss) on Sale of Assets	-	-	-0.2	0.42	-
Asset Writedown	-147.3	-114.59	-96.41	-95.17	47.93
Other Unusual Items	-0.89	-	-0.02	-0.3	-0.45
Pretax Income	-159.63	-107.22	-77.15	64.31	155.11
Income Tax Expense	0.48	-2.29	0.05	0.67	-0.2
Earnings From Continuing Operations	-160.11	-104.93	-77.2	63.64	155.31
Earnings From Discontinued Operations	-	-	-	-	-1.11
Net Income	-160.11	-104.93	-77.2	63.64	154.21
Net Income to Common	-160.11	-104.93	-77.2	63.64	154.21
Net Income Growth	-	-	-	-58.73%	-13.01%
Basic Shares Outstanding	16	16	16	23	24
Diluted Shares Outstanding	16	16	16	23	24
Shares Change (YoY)	0.19%	0.15%	-29.24%	-4.01%	-5.13%
EPS (Basic)	-9.78	-6.42	-4.73	2.76	6.42
EPS (Diluted)	-9.78	-6.42	-4.73	2.76	6.42
EPS Growth	-	-	-	-57.01%	-8.31%
Dividend Per Share	1.000	1.000	2.000	2.000	2.000
Dividend Growth	-	-50.00%	-	-	-
Operating Margin	39.91%	51.71%	38.85%	61.05%	65.60%
Profit Margin	-103.69%	-50.34%	-47.70%	24.65%	53.57%
EBITDA	61.63	107.91	63.04	158.04	189.72
EBITDA Margin	39.91%	51.77%	38.95%	61.22%	65.91%
D&A For Ebitda	0	0.12	0.16	0.43	0.9
EBIT	61.62	107.79	62.88	157.61	188.82
EBIT Margin	39.91%	51.71%	38.85%	61.05%	65.60%
Funds From Operations (FFO)	48.23	58.06	64.52	80.59	87.62
FFO Per Share	2.46	2.98	2.88	3.04	3.12
Adjusted Funds From Operations (AFFO)	48.23	58.06	64.52	80.59	87.62
AFFO Per Share	2.46	2.98	2.88	3.03	3.12
FFO Payout Ratio	33.91%	32.81%	60.56%	58.29%	57.26%
Effective Tax Rate	-	-	-	1.04%	-

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