Growthpoint Properties Ltd
JSE:GRT
Income Statement
Earnings Waterfall
Growthpoint Properties Ltd
Revenue
|
14B
ZAR
|
Cost of Revenue
|
-4.1B
ZAR
|
Gross Profit
|
9.9B
ZAR
|
Operating Expenses
|
-976m
ZAR
|
Operating Income
|
8.9B
ZAR
|
Other Expenses
|
-8.3B
ZAR
|
Net Income
|
647m
ZAR
|
Income Statement
Growthpoint Properties Ltd
Jun-2004 | Dec-2004 | Jun-2005 | Dec-2005 | Jun-2006 | Dec-2006 | Jun-2007 | Dec-2007 | Jun-2008 | Dec-2008 | Jun-2009 | Dec-2009 | Jun-2010 | Dec-2010 | Jun-2011 | Dec-2011 | Jun-2012 | Dec-2012 | Jun-2013 | Dec-2013 | Jun-2014 | Dec-2014 | Jun-2015 | Dec-2015 | Jun-2016 | Dec-2016 | Jun-2017 | Dec-2017 | Jun-2018 | Dec-2018 | Jun-2019 | Dec-2019 | Jun-2020 | Dec-2020 | Jun-2021 | Dec-2021 | Jun-2022 | Dec-2022 | Jun-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | |||||||||||||||||||||||||||||||||||||||||
Revenue |
955
N/A
|
1 088
+14%
|
1 182
+9%
|
1 301
+10%
|
1 380
+6%
|
1 724
+25%
|
2 362
+37%
|
2 749
+16%
|
2 920
+6%
|
3 163
+8%
|
3 430
+8%
|
3 869
+13%
|
4 206
+9%
|
4 334
+3%
|
4 615
+6%
|
4 875
+6%
|
5 089
+4%
|
5 467
+7%
|
5 782
+6%
|
5 961
+3%
|
6 605
+11%
|
7 336
+11%
|
7 870
+7%
|
8 871
+13%
|
10 219
+15%
|
10 660
+4%
|
10 755
+1%
|
11 031
+3%
|
10 926
-1%
|
11 063
+1%
|
11 554
+4%
|
11 640
+1%
|
12 361
+6%
|
13 343
+8%
|
13 126
-2%
|
12 803
-2%
|
13 048
+2%
|
13 520
+4%
|
13 740
+2%
|
14 013
+2%
|
|
Gross Profit | |||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(230)
|
(216)
|
(255)
|
(299)
|
(351)
|
(436)
|
(539)
|
(611)
|
(675)
|
(738)
|
(759)
|
(824)
|
(915)
|
(948)
|
(1 001)
|
(1 057)
|
(1 037)
|
(1 090)
|
(1 237)
|
(1 287)
|
(1 384)
|
(1 493)
|
(1 630)
|
(1 872)
|
(2 126)
|
(2 231)
|
(2 245)
|
(2 334)
|
(2 366)
|
(2 471)
|
(2 626)
|
(2 677)
|
(3 008)
|
(3 521)
|
(3 513)
|
(3 395)
|
(3 603)
|
(3 824)
|
(3 968)
|
(4 107)
|
|
Gross Profit |
724
N/A
|
872
+20%
|
926
+6%
|
1 002
+8%
|
1 029
+3%
|
1 288
+25%
|
1 823
+41%
|
2 138
+17%
|
2 245
+5%
|
2 425
+8%
|
2 671
+10%
|
3 045
+14%
|
3 291
+8%
|
3 386
+3%
|
3 614
+7%
|
3 818
+6%
|
4 052
+6%
|
4 377
+8%
|
4 545
+4%
|
4 674
+3%
|
5 221
+12%
|
5 843
+12%
|
6 240
+7%
|
6 999
+12%
|
8 093
+16%
|
8 429
+4%
|
8 510
+1%
|
8 697
+2%
|
8 560
-2%
|
8 592
+0%
|
8 928
+4%
|
8 963
+0%
|
9 353
+4%
|
9 822
+5%
|
9 613
-2%
|
9 408
-2%
|
9 445
+0%
|
9 696
+3%
|
9 772
+1%
|
9 906
+1%
|
|
Operating Income | |||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(35)
|
(40)
|
(46)
|
(55)
|
(66)
|
(83)
|
(120)
|
(101)
|
(62)
|
(63)
|
(75)
|
(97)
|
(101)
|
(163)
|
(135)
|
(153)
|
(174)
|
(204)
|
(236)
|
(194)
|
(369)
|
(302)
|
(405)
|
(301)
|
(405)
|
(351)
|
(512)
|
(385)
|
(535)
|
(249)
|
(538)
|
(497)
|
(896)
|
(927)
|
(638)
|
(521)
|
(841)
|
(791)
|
(911)
|
(976)
|
|
Selling, General & Administrative |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(4)
|
0
|
(8)
|
0
|
(4)
|
0
|
0
|
0
|
0
|
0
|
0
|
(315)
|
0
|
(281)
|
0
|
(421)
|
0
|
(424)
|
(21)
|
(780)
|
(309)
|
(512)
|
178
|
(711)
|
96
|
(851)
|
42
|
|
Depreciation & Amortization |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(49)
|
0
|
(49)
|
0
|
(49)
|
0
|
0
|
(102)
|
0
|
(102)
|
0
|
(99)
|
0
|
(99)
|
0
|
(99)
|
0
|
(99)
|
0
|
(99)
|
0
|
(108)
|
0
|
(103)
|
0
|
(27)
|
0
|
|
Other Operating Expenses |
(35)
|
(40)
|
(46)
|
(55)
|
(66)
|
(83)
|
(120)
|
(101)
|
(62)
|
(63)
|
(75)
|
(97)
|
(101)
|
(110)
|
(135)
|
(96)
|
(174)
|
(151)
|
(236)
|
(194)
|
(267)
|
(302)
|
(303)
|
(301)
|
9
|
(351)
|
(132)
|
(385)
|
(15)
|
(249)
|
(15)
|
(476)
|
(17)
|
(618)
|
(18)
|
(699)
|
(27)
|
(887)
|
(33)
|
(1 018)
|
|
Operating Income |
689
N/A
|
832
+21%
|
881
+6%
|
947
+8%
|
963
+2%
|
1 205
+25%
|
1 703
+41%
|
2 037
+20%
|
2 183
+7%
|
2 362
+8%
|
2 596
+10%
|
2 948
+14%
|
3 190
+8%
|
3 223
+1%
|
3 479
+8%
|
3 665
+5%
|
3 878
+6%
|
4 173
+8%
|
4 309
+3%
|
4 480
+4%
|
4 852
+8%
|
5 541
+14%
|
5 835
+5%
|
6 698
+15%
|
7 688
+15%
|
8 078
+5%
|
7 998
-1%
|
8 312
+4%
|
8 025
-3%
|
8 343
+4%
|
8 390
+1%
|
8 466
+1%
|
8 457
0%
|
8 895
+5%
|
8 975
+1%
|
8 887
-1%
|
8 604
-3%
|
8 905
+3%
|
8 861
0%
|
8 930
+1%
|
|
Pre-Tax Income | |||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(645)
|
(770)
|
(819)
|
(880)
|
(930)
|
(1 180)
|
(1 678)
|
(1 955)
|
(2 111)
|
(2 307)
|
(2 513)
|
(2 860)
|
(3 085)
|
(3 274)
|
(3 482)
|
(3 737)
|
(4 229)
|
(4 561)
|
(4 552)
|
(1 618)
|
1 172
|
1 590
|
3 628
|
2 628
|
(926)
|
(1 106)
|
505
|
2 248
|
393
|
(2 072)
|
(611)
|
19
|
(13 365)
|
(19 725)
|
(7 543)
|
984
|
3 729
|
(1 715)
|
(6 615)
|
(8 981)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
2
|
(15)
|
(17)
|
0
|
(25)
|
(37)
|
(23)
|
16
|
(1 558)
|
1 049
|
4
|
(49)
|
26
|
0
|
(59)
|
0
|
(262)
|
0
|
(817)
|
0
|
(64)
|
0
|
(83)
|
0
|
(179)
|
0
|
|
Gain/Loss on Disposition of Assets |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
245
|
0
|
1
|
0
|
2
|
0
|
(24)
|
0
|
150
|
0
|
15
|
0
|
|
Total Other Income |
(26)
|
(45)
|
(36)
|
(23)
|
(10)
|
(13)
|
(22)
|
(86)
|
(171)
|
(201)
|
(175)
|
45
|
37
|
(83)
|
(113)
|
(111)
|
(108)
|
(89)
|
19
|
24
|
136
|
15
|
263
|
(1 643)
|
42
|
20
|
(34)
|
(82)
|
(33)
|
0
|
2
|
(594)
|
8
|
(714)
|
(28)
|
(420)
|
23
|
(316)
|
(15)
|
(277)
|
|
Pre-Tax Income |
18
N/A
|
17
-5%
|
26
+47%
|
44
+71%
|
24
-46%
|
12
-48%
|
3
-76%
|
(4)
N/A
|
(99)
-2 202%
|
(146)
-47%
|
(92)
+37%
|
133
N/A
|
142
+7%
|
(134)
N/A
|
(114)
+15%
|
(198)
-74%
|
(476)
-140%
|
(477)
0%
|
(249)
+48%
|
2 849
N/A
|
6 137
+115%
|
7 162
+17%
|
8 168
+14%
|
8 732
+7%
|
6 808
-22%
|
6 943
+2%
|
8 495
+22%
|
10 478
+23%
|
8 571
-18%
|
6 271
-27%
|
7 520
+20%
|
7 891
+5%
|
(5 715)
N/A
|
(11 544)
-102%
|
1 316
N/A
|
9 451
+618%
|
12 423
+31%
|
6 874
-45%
|
2 067
-70%
|
(328)
N/A
|
|
Net Income | |||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(18)
|
(17)
|
(25)
|
(43)
|
(23)
|
(12)
|
(2)
|
6
|
1
|
13
|
23
|
38
|
(36)
|
(132)
|
(121)
|
(194)
|
(297)
|
(344)
|
(460)
|
(290)
|
(160)
|
(278)
|
(264)
|
(978)
|
(841)
|
146
|
(48)
|
(364)
|
(666)
|
(645)
|
(153)
|
(372)
|
(1 180)
|
(885)
|
(850)
|
(2 028)
|
(1 293)
|
56
|
(240)
|
174
|
|
Income from Continuing Operations |
0
|
0
|
1
|
1
|
1
|
1
|
1
|
2
|
(98)
|
(133)
|
(69)
|
171
|
106
|
(266)
|
(235)
|
(392)
|
(773)
|
(821)
|
(709)
|
2 559
|
5 977
|
6 884
|
7 904
|
7 754
|
5 967
|
7 089
|
8 447
|
10 114
|
7 905
|
5 626
|
7 367
|
7 519
|
(6 895)
|
(12 429)
|
466
|
7 423
|
11 130
|
6 930
|
1 827
|
(154)
|
|
Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(46)
|
(68)
|
(68)
|
(88)
|
(125)
|
(148)
|
(166)
|
(297)
|
(396)
|
(398)
|
(673)
|
(949)
|
(938)
|
(808)
|
(704)
|
(923)
|
(1 258)
|
(1 242)
|
(1 191)
|
(1 046)
|
(1 346)
|
30
|
885
|
(963)
|
(2 963)
|
(3 193)
|
(777)
|
529
|
801
|
|
Net Income (Common) |
0
N/A
|
0
N/A
|
1
+25%
|
1
+20%
|
1
N/A
|
1
+17%
|
1
+43%
|
2
+60%
|
(98)
N/A
|
(133)
-36%
|
(69)
+48%
|
125
N/A
|
38
-70%
|
(334)
N/A
|
(323)
+3%
|
(517)
-60%
|
(921)
-78%
|
(987)
-7%
|
(1 006)
-2%
|
2 163
N/A
|
5 579
+158%
|
6 211
+11%
|
6 955
+12%
|
6 816
-2%
|
5 159
-24%
|
6 385
+24%
|
7 524
+18%
|
8 856
+18%
|
6 663
-25%
|
4 435
-33%
|
6 321
+43%
|
6 173
-2%
|
(6 865)
N/A
|
(11 544)
-68%
|
(497)
+96%
|
4 460
N/A
|
7 937
+78%
|
6 153
-22%
|
2 356
-62%
|
647
-73%
|
|
EPS (Diluted) |
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
-0.08
N/A
|
-0.11
-38%
|
-0.05
+55%
|
0.08
N/A
|
0.02
-75%
|
-0.21
N/A
|
-0.2
+5%
|
-0.31
-55%
|
-0.53
-71%
|
-0.56
-6%
|
-0.49
+13%
|
1.14
N/A
|
2.78
+144%
|
2.7
-3%
|
2.93
+9%
|
2.51
-14%
|
1.9
-24%
|
2.3
+21%
|
2.66
+16%
|
3.08
+16%
|
2.28
-26%
|
1.5
-34%
|
2.14
+43%
|
2.08
-3%
|
-2.3
N/A
|
-3.73
-62%
|
-0.15
+96%
|
1.31
N/A
|
2.32
+77%
|
1.8
-22%
|
0.69
-62%
|
0.19
-72%
|