Ascendas Real Estate Investment Trust
OTC:ACDSF
Income Statement
Earnings Waterfall
Ascendas Real Estate Investment Trust
Income Statement
Ascendas Real Estate Investment Trust
| Sep-2003 | Dec-2003 | Mar-2004 | Jun-2004 | Sep-2004 | Dec-2004 | Mar-2005 | Jun-2005 | Sep-2005 | Dec-2005 | Mar-2006 | Jun-2006 | Sep-2006 | Dec-2006 | Mar-2007 | Jun-2007 | Sep-2007 | Dec-2007 | Mar-2008 | Jun-2008 | Sep-2008 | Dec-2008 | Mar-2009 | Jun-2009 | Sep-2009 | Dec-2009 | Mar-2010 | Jun-2010 | Sep-2010 | Dec-2010 | Mar-2011 | Sep-2011 | Dec-2011 | Mar-2012 | Jun-2012 | Sep-2012 | Dec-2012 | Mar-2013 | Jun-2013 | Sep-2013 | Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Jun-2020 | Dec-2020 | Jun-2021 | Dec-2021 | Jun-2022 | Dec-2022 | Jun-2023 | Dec-2023 | Jun-2024 | Dec-2024 | Jun-2025 | Dec-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Interest Expense |
0
|
0
|
3
|
0
|
0
|
0
|
9
|
0
|
0
|
0
|
25
|
0
|
0
|
0
|
35
|
0
|
0
|
0
|
42
|
0
|
0
|
0
|
58
|
0
|
0
|
0
|
61
|
0
|
0
|
0
|
77
|
0
|
0
|
65
|
0
|
0
|
0
|
125
|
0
|
0
|
0
|
66
|
0
|
0
|
0
|
72
|
0
|
0
|
0
|
93
|
0
|
0
|
0
|
104
|
0
|
0
|
0
|
106
|
0
|
0
|
0
|
0
|
0
|
0
|
119
|
83
|
160
|
150
|
160
|
166
|
185
|
225
|
254
|
272
|
268
|
269
|
0
|
|
| Revenue |
55
N/A
|
64
+16%
|
66
+3%
|
75
+14%
|
88
+17%
|
106
+19%
|
129
+22%
|
154
+20%
|
177
+15%
|
204
+16%
|
227
+11%
|
245
+8%
|
263
+7%
|
273
+4%
|
283
+4%
|
292
+3%
|
303
+4%
|
312
+3%
|
322
+3%
|
337
+5%
|
355
+5%
|
377
+6%
|
397
+5%
|
406
+2%
|
411
+1%
|
414
+1%
|
414
0%
|
425
+3%
|
434
+2%
|
663
+53%
|
448
-33%
|
689
+54%
|
482
-30%
|
503
+4%
|
645
+28%
|
547
-15%
|
565
+3%
|
576
+2%
|
585
+2%
|
593
+1%
|
602
+2%
|
614
+2%
|
626
+2%
|
639
+2%
|
656
+3%
|
674
+3%
|
691
+3%
|
709
+3%
|
731
+3%
|
761
+4%
|
788
+4%
|
811
+3%
|
826
+2%
|
831
+1%
|
836
+1%
|
847
+1%
|
855
+1%
|
862
+1%
|
865
+0%
|
868
+0%
|
877
+1%
|
886
+1%
|
899
+1%
|
911
+1%
|
699
-23%
|
980
+40%
|
1 030
+5%
|
1 105
+7%
|
1 227
+11%
|
1 307
+7%
|
1 353
+3%
|
1 404
+4%
|
1 480
+5%
|
1 532
+4%
|
1 523
-1%
|
1 508
-1%
|
1 539
+2%
|
|
| Gross Profit | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Cost of Revenue |
(18)
|
(20)
|
(22)
|
(26)
|
(31)
|
(38)
|
(45)
|
(50)
|
(54)
|
(61)
|
(73)
|
(81)
|
(89)
|
(93)
|
(96)
|
(98)
|
(101)
|
(102)
|
(107)
|
(113)
|
(119)
|
(130)
|
(136)
|
(134)
|
(131)
|
(127)
|
(120)
|
(125)
|
(132)
|
(202)
|
(142)
|
(221)
|
(163)
|
(169)
|
(220)
|
(191)
|
(199)
|
(212)
|
(215)
|
(219)
|
(226)
|
(218)
|
(223)
|
(229)
|
(240)
|
(255)
|
(264)
|
(274)
|
(279)
|
(295)
|
(301)
|
(298)
|
(293)
|
(280)
|
(282)
|
(283)
|
(290)
|
(291)
|
(289)
|
(294)
|
(294)
|
(299)
|
(295)
|
(288)
|
(212)
|
(315)
|
(351)
|
(365)
|
(407)
|
(461)
|
(485)
|
(505)
|
(559)
|
(591)
|
(572)
|
(563)
|
(575)
|
|
| Gross Profit |
37
N/A
|
44
+19%
|
44
N/A
|
50
+13%
|
58
+16%
|
68
+18%
|
84
+23%
|
104
+24%
|
122
+18%
|
143
+17%
|
154
+8%
|
164
+6%
|
174
+6%
|
180
+3%
|
187
+4%
|
194
+4%
|
202
+4%
|
210
+4%
|
215
+3%
|
225
+4%
|
235
+5%
|
247
+5%
|
260
+5%
|
272
+5%
|
281
+3%
|
287
+2%
|
294
+2%
|
300
+2%
|
302
+1%
|
462
+53%
|
306
-34%
|
468
+53%
|
319
-32%
|
334
+5%
|
426
+27%
|
356
-16%
|
366
+3%
|
364
-1%
|
370
+2%
|
374
+1%
|
377
+1%
|
395
+5%
|
403
+2%
|
410
+2%
|
416
+2%
|
419
+1%
|
427
+2%
|
435
+2%
|
451
+4%
|
466
+3%
|
488
+5%
|
513
+5%
|
533
+4%
|
550
+3%
|
555
+1%
|
564
+2%
|
565
+0%
|
571
+1%
|
577
+1%
|
574
0%
|
583
+2%
|
588
+1%
|
604
+3%
|
623
+3%
|
487
-22%
|
665
+37%
|
680
+2%
|
740
+9%
|
820
+11%
|
846
+3%
|
868
+3%
|
899
+4%
|
920
+2%
|
941
+2%
|
951
+1%
|
945
-1%
|
964
+2%
|
|
| Operating Income | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Operating Expenses |
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
|
0
|
0
|
(0)
|
0
|
(0)
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
25
|
18
|
9
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
22
|
16
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| 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
|
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
|
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
|
|
| Other Operating Expenses |
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
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
25
|
18
|
9
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
22
|
16
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Operating Income |
37
N/A
|
44
+19%
|
44
N/A
|
50
+13%
|
58
+16%
|
68
+18%
|
84
+23%
|
104
+24%
|
123
+18%
|
143
+17%
|
154
+8%
|
164
+6%
|
174
+6%
|
180
+3%
|
187
+4%
|
194
+4%
|
202
+4%
|
210
+4%
|
215
+3%
|
225
+4%
|
235
+5%
|
247
+5%
|
260
+5%
|
272
+5%
|
281
+3%
|
287
+2%
|
294
+2%
|
300
+2%
|
302
+1%
|
462
+53%
|
306
-34%
|
468
+53%
|
319
-32%
|
334
+5%
|
426
+27%
|
356
-16%
|
366
+3%
|
364
-1%
|
395
+9%
|
392
-1%
|
386
-1%
|
395
+2%
|
403
+2%
|
410
+2%
|
416
+2%
|
419
+1%
|
427
+2%
|
435
+2%
|
451
+4%
|
466
+3%
|
488
+5%
|
513
+5%
|
533
+4%
|
550
+3%
|
577
+5%
|
580
+1%
|
565
-3%
|
571
+1%
|
577
+1%
|
574
0%
|
583
+2%
|
588
+1%
|
604
+3%
|
623
+3%
|
487
-22%
|
665
+37%
|
680
+2%
|
740
+9%
|
820
+11%
|
846
+3%
|
868
+3%
|
899
+4%
|
920
+2%
|
941
+2%
|
951
+1%
|
945
-1%
|
964
+2%
|
|
| Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Interest Income Expense |
(2)
|
(3)
|
(3)
|
(4)
|
(6)
|
(7)
|
(8)
|
(12)
|
(15)
|
(18)
|
(24)
|
(26)
|
(30)
|
(35)
|
(36)
|
(41)
|
(42)
|
(43)
|
(43)
|
(43)
|
(47)
|
(52)
|
(58)
|
(62)
|
(71)
|
(72)
|
(147)
|
(133)
|
(143)
|
(132)
|
275
|
251
|
256
|
160
|
146
|
134
|
118
|
(28)
|
(4)
|
17
|
50
|
110
|
58
|
90
|
71
|
27
|
(25)
|
(38)
|
(47)
|
(108)
|
(112)
|
(149)
|
(160)
|
(153)
|
(141)
|
(118)
|
(120)
|
(74)
|
(82)
|
(89)
|
(76)
|
(70)
|
(62)
|
(73)
|
(79)
|
(114)
|
(205)
|
(189)
|
210
|
259
|
(23)
|
(98)
|
(745)
|
(812)
|
(191)
|
(208)
|
(115)
|
|
| Non-Reccuring Items |
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
|
2
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
5
|
21
|
21
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
10
|
20
|
23
|
14
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
4
|
|
| Total Other Income |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
2
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
2
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
0
|
0
|
1
|
0
|
0
|
0
|
2
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(42)
|
8
|
22
|
22
|
11
|
(9)
|
(25)
|
(13)
|
(10)
|
0
|
4
|
(9)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(13)
|
(11)
|
(14)
|
(15)
|
(17)
|
|
| Pre-Tax Income |
35
N/A
|
41
+19%
|
41
-1%
|
45
+11%
|
52
+15%
|
61
+18%
|
75
+23%
|
92
+23%
|
108
+16%
|
126
+17%
|
132
+5%
|
138
+5%
|
144
+4%
|
145
+1%
|
148
+2%
|
153
+3%
|
160
+4%
|
166
+4%
|
175
+5%
|
182
+4%
|
188
+3%
|
195
+3%
|
201
+3%
|
210
+5%
|
210
0%
|
215
+3%
|
148
-31%
|
167
+13%
|
159
-5%
|
330
+107%
|
580
+76%
|
719
+24%
|
575
-20%
|
495
-14%
|
572
+16%
|
490
-14%
|
485
-1%
|
337
-30%
|
392
+16%
|
409
+4%
|
436
+7%
|
505
+16%
|
461
-9%
|
500
+8%
|
487
-2%
|
404
-17%
|
409
+1%
|
419
+2%
|
427
+2%
|
369
-14%
|
366
-1%
|
343
-6%
|
382
+11%
|
409
+7%
|
437
+7%
|
466
+7%
|
436
-6%
|
497
+14%
|
495
0%
|
485
-2%
|
507
+4%
|
518
+2%
|
543
+5%
|
550
+1%
|
409
-26%
|
562
+38%
|
494
-12%
|
574
+16%
|
1 044
+82%
|
1 105
+6%
|
845
-24%
|
802
-5%
|
162
-80%
|
118
-27%
|
746
+531%
|
722
-3%
|
835
+16%
|
|
| Net Income | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Tax Provision |
3
|
3
|
5
|
5
|
5
|
6
|
9
|
10
|
10
|
9
|
11
|
11
|
12
|
13
|
15
|
16
|
15
|
15
|
12
|
13
|
13
|
14
|
10
|
8
|
6
|
4
|
0
|
0
|
0
|
0
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
0
|
1
|
(1)
|
(1)
|
(3)
|
(3)
|
(23)
|
(24)
|
(25)
|
(25)
|
(7)
|
(6)
|
(6)
|
(12)
|
(25)
|
(27)
|
(12)
|
4
|
19
|
22
|
7
|
(3)
|
(3)
|
(6)
|
(7)
|
(9)
|
(14)
|
(15)
|
(16)
|
(21)
|
(33)
|
(37)
|
(44)
|
(87)
|
(97)
|
(84)
|
(72)
|
6
|
31
|
18
|
(8)
|
(56)
|
|
| Income from Continuing Operations |
37
|
44
|
46
|
50
|
57
|
67
|
84
|
102
|
118
|
135
|
143
|
149
|
156
|
158
|
164
|
169
|
175
|
181
|
187
|
195
|
201
|
208
|
211
|
218
|
216
|
219
|
148
|
167
|
159
|
330
|
579
|
718
|
574
|
493
|
570
|
491
|
485
|
336
|
391
|
406
|
433
|
482
|
437
|
475
|
462
|
398
|
403
|
413
|
415
|
344
|
339
|
331
|
386
|
428
|
459
|
473
|
433
|
494
|
489
|
478
|
498
|
503
|
528
|
534
|
388
|
529
|
457
|
531
|
957
|
1 008
|
760
|
729
|
168
|
150
|
764
|
713
|
780
|
|
| Income to Minority Interest |
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
|
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
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Net Income (Common) |
37
N/A
|
44
+19%
|
46
+3%
|
50
+10%
|
57
+14%
|
67
+17%
|
84
+26%
|
102
+21%
|
118
+15%
|
135
+15%
|
143
+6%
|
149
+5%
|
156
+4%
|
158
+2%
|
164
+3%
|
169
+3%
|
175
+4%
|
181
+4%
|
187
+3%
|
195
+4%
|
201
+4%
|
208
+3%
|
211
+1%
|
218
+3%
|
216
-1%
|
219
+2%
|
148
-32%
|
167
+13%
|
159
-5%
|
330
+107%
|
579
+75%
|
718
+24%
|
574
-20%
|
493
-14%
|
570
+16%
|
491
-14%
|
485
-1%
|
336
-31%
|
391
+16%
|
406
+4%
|
433
+7%
|
482
+11%
|
437
-9%
|
475
+9%
|
462
-3%
|
398
-14%
|
404
+1%
|
414
+3%
|
415
+0%
|
338
-19%
|
332
-2%
|
324
-3%
|
379
+17%
|
413
+9%
|
445
+8%
|
458
+3%
|
419
-9%
|
480
+15%
|
474
-1%
|
464
-2%
|
483
+4%
|
489
+1%
|
514
+5%
|
520
+1%
|
377
-27%
|
518
+37%
|
442
-15%
|
516
+17%
|
948
+84%
|
999
+5%
|
751
-25%
|
720
-4%
|
159
-78%
|
141
-12%
|
755
+437%
|
704
-7%
|
770
+9%
|
|
| EPS (Diluted) |
0.07
N/A
|
0.08
+14%
|
0.08
N/A
|
0.08
N/A
|
0.08
N/A
|
0.08
N/A
|
0.09
+12%
|
0.1
+11%
|
0.11
+10%
|
0.12
+9%
|
0.11
-8%
|
0.12
+9%
|
0.12
N/A
|
0.12
N/A
|
0.12
N/A
|
0.12
N/A
|
0.12
N/A
|
0.12
N/A
|
0.14
+17%
|
0.14
N/A
|
0.15
+7%
|
0.16
+7%
|
0.15
-6%
|
0.14
-7%
|
0.13
-7%
|
0.12
-8%
|
0.08
-33%
|
0.09
+12%
|
0.08
-11%
|
0.16
+100%
|
0.29
+81%
|
0.31
+7%
|
0.27
-13%
|
0.22
-19%
|
0.26
+18%
|
0.23
-12%
|
0.19
-17%
|
0.15
-21%
|
0.15
N/A
|
0.15
N/A
|
0.16
+7%
|
0.2
+25%
|
0.17
-15%
|
0.18
+6%
|
0.18
N/A
|
0.16
-11%
|
0.16
N/A
|
0.17
+6%
|
0.17
N/A
|
0.13
-24%
|
0.13
N/A
|
0.12
-8%
|
0.13
+8%
|
0.14
+8%
|
0.15
+7%
|
0.15
N/A
|
0.14
-7%
|
0.16
+14%
|
0.16
N/A
|
0.16
N/A
|
0.16
N/A
|
0.16
N/A
|
0.16
N/A
|
0.16
N/A
|
0.12
-25%
|
0.15
+25%
|
0.12
-20%
|
0.13
+8%
|
0.23
+77%
|
0.24
+4%
|
0.18
-25%
|
0.17
-6%
|
0.04
-76%
|
0.03
-25%
|
0.17
+467%
|
0.16
-6%
|
0.17
+6%
|
|