Delta Property Fund Ltd
JSE:DLT
Income Statement
Earnings Waterfall
Delta Property Fund Ltd
Income Statement
Delta Property Fund Ltd
| Feb-2014 | Aug-2014 | Feb-2015 | Aug-2015 | Feb-2016 | Aug-2016 | Feb-2017 | Aug-2017 | Feb-2018 | Aug-2018 | Feb-2019 | Aug-2019 | Feb-2020 | Aug-2020 | Feb-2021 | Aug-2021 | Nov-2021 | Feb-2022 | Aug-2022 | Feb-2023 | Aug-2023 | Feb-2024 | Feb-2025 | Aug-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||||||||||||||
| Interest Expense |
140
|
0
|
316
|
0
|
379
|
0
|
467
|
0
|
482
|
0
|
536
|
0
|
570
|
0
|
434
|
0
|
0
|
411
|
0
|
443
|
0
|
468
|
0
|
0
|
|
| Revenue |
654
N/A
|
891
+36%
|
1 009
+13%
|
1 116
+11%
|
1 248
+12%
|
1 418
+14%
|
1 617
+14%
|
1 642
+2%
|
1 564
-5%
|
1 562
0%
|
1 508
-3%
|
1 488
-1%
|
1 456
-2%
|
1 399
-4%
|
1 408
+1%
|
1 428
+1%
|
1 762
+23%
|
1 389
-21%
|
1 621
+17%
|
1 217
-25%
|
1 167
-4%
|
1 138
-3%
|
1 143
+0%
|
1 130
-1%
|
|
| Gross Profit | |||||||||||||||||||||||||
| Cost of Revenue |
(152)
|
(217)
|
(244)
|
(286)
|
(322)
|
(371)
|
(464)
|
(463)
|
(414)
|
(463)
|
(425)
|
(411)
|
(476)
|
(502)
|
(557)
|
(552)
|
(701)
|
(571)
|
(699)
|
(483)
|
(451)
|
(484)
|
(422)
|
(427)
|
|
| Gross Profit |
503
N/A
|
674
+34%
|
765
+13%
|
831
+9%
|
926
+11%
|
1 047
+13%
|
1 153
+10%
|
1 179
+2%
|
1 150
-2%
|
1 099
-4%
|
1 083
-1%
|
1 077
-1%
|
979
-9%
|
897
-8%
|
852
-5%
|
876
+3%
|
1 061
+21%
|
818
-23%
|
921
+13%
|
734
-20%
|
716
-2%
|
654
-9%
|
721
+10%
|
703
-3%
|
|
| Operating Income | |||||||||||||||||||||||||
| Operating Expenses |
(36)
|
(45)
|
(17)
|
(23)
|
(75)
|
(87)
|
(62)
|
(67)
|
(33)
|
(55)
|
(152)
|
(154)
|
(159)
|
(178)
|
(115)
|
(105)
|
(234)
|
(96)
|
(241)
|
(168)
|
(143)
|
(67)
|
(108)
|
(120)
|
|
| Selling, General & Administrative |
(48)
|
(58)
|
(51)
|
(62)
|
(83)
|
(88)
|
(68)
|
(73)
|
(53)
|
(54)
|
(158)
|
(159)
|
(161)
|
(180)
|
(116)
|
(106)
|
(132)
|
(97)
|
(139)
|
(175)
|
(154)
|
(99)
|
(127)
|
(139)
|
|
| Depreciation & Amortization |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Other Operating Expenses |
12
|
13
|
34
|
40
|
7
|
1
|
6
|
6
|
20
|
(1)
|
6
|
6
|
2
|
2
|
1
|
1
|
(102)
|
1
|
(102)
|
7
|
11
|
32
|
19
|
19
|
|
| Operating Income |
467
N/A
|
630
+35%
|
748
+19%
|
808
+8%
|
850
+5%
|
961
+13%
|
1 091
+14%
|
1 113
+2%
|
1 117
+0%
|
1 044
-6%
|
932
-11%
|
924
-1%
|
821
-11%
|
718
-12%
|
736
+3%
|
772
+5%
|
827
+7%
|
722
-13%
|
680
-6%
|
565
-17%
|
573
+1%
|
587
+2%
|
614
+5%
|
583
-5%
|
|
| Pre-Tax Income | |||||||||||||||||||||||||
| Interest Income Expense |
(131)
|
(302)
|
(45)
|
138
|
(117)
|
(223)
|
(452)
|
(524)
|
(297)
|
(207)
|
(1 217)
|
(1 384)
|
(1 666)
|
(1 703)
|
(1 039)
|
(860)
|
(377)
|
(789)
|
(1 030)
|
(1 229)
|
(903)
|
(643)
|
(674)
|
(627)
|
|
| Non-Reccuring Items |
0
|
0
|
(16)
|
(120)
|
0
|
105
|
0
|
0
|
(22)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Gain/Loss on Disposition of Assets |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(6)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Total Other Income |
370
|
343
|
226
|
240
|
(45)
|
0
|
(4)
|
0
|
(0)
|
0
|
(1)
|
0
|
(2)
|
0
|
(2)
|
0
|
(659)
|
(0)
|
(286)
|
(15)
|
0
|
(18)
|
(12)
|
(12)
|
|
| Pre-Tax Income |
706
N/A
|
671
-5%
|
913
+36%
|
1 066
+17%
|
687
-36%
|
842
+22%
|
635
-25%
|
589
-7%
|
798
+36%
|
837
+5%
|
(287)
N/A
|
(460)
-60%
|
(847)
-84%
|
(985)
-16%
|
(304)
+69%
|
(88)
+71%
|
(215)
-144%
|
(67)
+69%
|
(636)
-846%
|
(678)
-7%
|
(329)
+51%
|
(75)
+77%
|
(72)
+3%
|
(56)
+23%
|
|
| Net Income | |||||||||||||||||||||||||
| Tax Provision |
56
|
73
|
(2)
|
(12)
|
0
|
0
|
0
|
0
|
0
|
0
|
(17)
|
(17)
|
(93)
|
(158)
|
(152)
|
(135)
|
(152)
|
(82)
|
(102)
|
(71)
|
(58)
|
(3)
|
(32)
|
(27)
|
|
| Income from Continuing Operations |
762
|
744
|
911
|
1 054
|
687
|
842
|
635
|
589
|
798
|
837
|
(304)
|
(477)
|
(940)
|
(1 143)
|
(456)
|
(223)
|
(367)
|
(149)
|
(738)
|
(750)
|
(388)
|
(78)
|
(104)
|
(83)
|
|
| Income to Minority Interest |
0
|
0
|
19
|
22
|
2
|
0
|
0
|
0
|
0
|
0
|
6
|
7
|
4
|
8
|
2
|
7
|
(4)
|
4
|
(17)
|
21
|
34
|
11
|
0
|
0
|
|
| Net Income (Common) |
762
N/A
|
808
+6%
|
885
+10%
|
846
-4%
|
651
-23%
|
808
+24%
|
635
-21%
|
589
-7%
|
798
+36%
|
837
+5%
|
(298)
N/A
|
(470)
-58%
|
(936)
-99%
|
(1 135)
-21%
|
(454)
+60%
|
(216)
+52%
|
(367)
-70%
|
(145)
+60%
|
(600)
-314%
|
(728)
-21%
|
(354)
+51%
|
(66)
+81%
|
(104)
-57%
|
(83)
+20%
|
|
| EPS (Diluted) |
2.21
N/A
|
1.82
-18%
|
1.97
+8%
|
1.61
-18%
|
1.21
-25%
|
1.21
N/A
|
0.89
-26%
|
0.82
-8%
|
1.12
+37%
|
1.18
+5%
|
-0.42
N/A
|
-0.66
-57%
|
-1.31
-98%
|
-1.59
-21%
|
-0.64
+60%
|
-0.3
+53%
|
-0.51
-70%
|
-0.2
+61%
|
-0.83
-315%
|
-1.02
-23%
|
-0.5
+51%
|
-0.09
+82%
|
-0.15
-67%
|
-0.12
+20%
|
|