Texton Property Fund Ltd
JSE:TEX
Income Statement
Earnings Waterfall
Texton Property Fund Ltd
Income Statement
Texton Property Fund Ltd
| 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 | Jun-2024 | Dec-2024 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||||||||||
| Interest Expense |
74
|
0
|
123
|
0
|
154
|
0
|
157
|
0
|
176
|
0
|
152
|
0
|
100
|
0
|
79
|
0
|
91
|
0
|
105
|
0
|
|
| Revenue |
411
N/A
|
488
+19%
|
572
+17%
|
619
+8%
|
599
-3%
|
602
+0%
|
589
-2%
|
574
-3%
|
556
-3%
|
541
-3%
|
519
-4%
|
484
-7%
|
442
-9%
|
376
-15%
|
333
-11%
|
324
-3%
|
299
-8%
|
271
-9%
|
273
+1%
|
271
-1%
|
|
| Gross Profit | |||||||||||||||||||||
| Cost of Revenue |
(142)
|
(180)
|
(199)
|
(203)
|
(184)
|
(176)
|
(178)
|
(182)
|
(192)
|
(193)
|
(211)
|
(196)
|
(155)
|
(144)
|
(145)
|
(135)
|
(114)
|
(110)
|
(115)
|
(109)
|
|
| Gross Profit |
269
N/A
|
308
+14%
|
373
+21%
|
416
+12%
|
415
0%
|
426
+3%
|
411
-4%
|
393
-4%
|
364
-7%
|
347
-5%
|
308
-11%
|
287
-7%
|
287
0%
|
232
-19%
|
189
-19%
|
189
+1%
|
185
-2%
|
161
-13%
|
158
-2%
|
162
+2%
|
|
| Operating Income | |||||||||||||||||||||
| Operating Expenses |
(16)
|
(14)
|
(9)
|
116
|
(12)
|
(146)
|
(28)
|
(18)
|
(23)
|
(33)
|
(33)
|
(35)
|
(37)
|
(38)
|
(36)
|
(22)
|
(39)
|
(9)
|
(36)
|
(16)
|
|
| Selling, General & Administrative |
(19)
|
0
|
(11)
|
0
|
(18)
|
(15)
|
(28)
|
(28)
|
(34)
|
(38)
|
(38)
|
(36)
|
(38)
|
(40)
|
(40)
|
(40)
|
(41)
|
(40)
|
(37)
|
(37)
|
|
| Other Operating Expenses |
3
|
(14)
|
2
|
116
|
6
|
(131)
|
0
|
10
|
11
|
5
|
5
|
1
|
1
|
3
|
4
|
18
|
2
|
31
|
1
|
21
|
|
| Operating Income |
253
N/A
|
294
+16%
|
364
+24%
|
533
+46%
|
403
-24%
|
280
-30%
|
383
+37%
|
375
-2%
|
341
-9%
|
314
-8%
|
275
-13%
|
252
-8%
|
250
-1%
|
195
-22%
|
152
-22%
|
167
+10%
|
146
-13%
|
153
+5%
|
122
-20%
|
146
+20%
|
|
| Pre-Tax Income | |||||||||||||||||||||
| Interest Income Expense |
88
|
(52)
|
40
|
57
|
(88)
|
(22)
|
(312)
|
(383)
|
(790)
|
(782)
|
(330)
|
(253)
|
(17)
|
(169)
|
(99)
|
(71)
|
(177)
|
(247)
|
(132)
|
(110)
|
|
| Non-Reccuring Items |
20
|
(0)
|
(77)
|
0
|
(9)
|
(192)
|
(184)
|
(14)
|
(54)
|
(40)
|
0
|
(6)
|
0
|
3
|
0
|
3
|
2
|
(1)
|
5
|
(0)
|
|
| Gain/Loss on Disposition of Assets |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(2)
|
0
|
(25)
|
0
|
(1)
|
0
|
(7)
|
0
|
(6)
|
0
|
|
| Total Other Income |
(0)
|
0
|
(2)
|
(0)
|
(1)
|
0
|
(4)
|
0
|
(5)
|
0
|
(4)
|
0
|
(14)
|
0
|
(5)
|
0
|
(3)
|
0
|
(3)
|
(0)
|
|
| Pre-Tax Income |
360
N/A
|
241
-33%
|
324
+34%
|
589
+82%
|
305
-48%
|
66
-78%
|
(117)
N/A
|
(23)
+81%
|
(508)
-2 148%
|
(507)
+0%
|
(61)
+88%
|
(7)
+88%
|
194
N/A
|
29
-85%
|
48
+65%
|
99
+108%
|
(39)
N/A
|
(95)
-145%
|
(14)
+85%
|
36
N/A
|
|
| Net Income | |||||||||||||||||||||
| Tax Provision |
(8)
|
(8)
|
0
|
0
|
(14)
|
(10)
|
1
|
(16)
|
(30)
|
(18)
|
(69)
|
(80)
|
8
|
23
|
(10)
|
(25)
|
25
|
32
|
0
|
4
|
|
| Income from Continuing Operations |
352
|
233
|
324
|
589
|
291
|
56
|
(117)
|
(39)
|
(538)
|
(525)
|
(131)
|
(88)
|
202
|
52
|
38
|
74
|
(14)
|
(63)
|
(14)
|
40
|
|
| Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
|
| Net Income (Common) |
352
N/A
|
233
-34%
|
324
+39%
|
589
+82%
|
291
-51%
|
56
-81%
|
(117)
N/A
|
(39)
+67%
|
(538)
-1 282%
|
(525)
+2%
|
(131)
+75%
|
(88)
+33%
|
202
N/A
|
52
-74%
|
38
-27%
|
74
+95%
|
(14)
N/A
|
(63)
-347%
|
(14)
+78%
|
40
N/A
|
|
| EPS (Diluted) |
1.73
N/A
|
0.74
-57%
|
0.97
+31%
|
1.66
+71%
|
0.83
-50%
|
0.16
-81%
|
-0.33
N/A
|
-0.1
+70%
|
-1.54
-1 440%
|
-1.39
+10%
|
-0.37
+73%
|
-0.23
+38%
|
0.57
N/A
|
0.17
-70%
|
0.11
-35%
|
0.22
+100%
|
-0.04
N/A
|
-0.24
-500%
|
-0.05
+79%
|
0.13
N/A
|
|