CapitaLand Ascott Trust
SGX:HMN
Income Statement
Earnings Waterfall
CapitaLand Ascott Trust
Revenue
|
744.6m
SGD
|
Cost of Revenue
|
-441.4m
SGD
|
Gross Profit
|
303.1m
SGD
|
Operating Expenses
|
-38.7m
SGD
|
Operating Income
|
264.4m
SGD
|
Other Expenses
|
-46.6m
SGD
|
Net Income
|
217.8m
SGD
|
Income Statement
CapitaLand Ascott Trust
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 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
289
N/A
|
293
+1%
|
299
+2%
|
303
+1%
|
304
+0%
|
301
-1%
|
300
0%
|
309
+3%
|
317
+3%
|
328
+4%
|
339
+3%
|
346
+2%
|
357
+3%
|
367
+3%
|
377
+3%
|
397
+5%
|
421
+6%
|
437
+4%
|
457
+5%
|
468
+2%
|
476
+2%
|
481
+1%
|
486
+1%
|
489
+1%
|
496
+2%
|
498
+0%
|
505
+1%
|
512
+2%
|
514
+0%
|
517
+1%
|
519
+0%
|
517
0%
|
515
0%
|
475
-8%
|
370
-22%
|
346
-6%
|
394
+14%
|
477
+21%
|
621
+30%
|
701
+13%
|
745
+6%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(145)
|
(149)
|
(153)
|
(157)
|
(159)
|
(160)
|
(160)
|
(165)
|
(171)
|
(177)
|
(183)
|
(187)
|
(195)
|
(201)
|
(209)
|
(223)
|
(237)
|
(248)
|
(261)
|
(270)
|
(276)
|
(283)
|
(286)
|
(287)
|
(292)
|
(293)
|
(296)
|
(299)
|
(299)
|
(297)
|
(294)
|
(291)
|
(286)
|
(282)
|
(246)
|
(228)
|
(247)
|
(295)
|
(370)
|
(416)
|
(441)
|
|
Gross Profit |
144
N/A
|
144
+1%
|
146
+1%
|
146
+0%
|
145
-1%
|
142
-2%
|
140
-1%
|
144
+3%
|
146
+2%
|
151
+3%
|
156
+3%
|
159
+2%
|
163
+2%
|
166
+2%
|
168
+1%
|
174
+3%
|
184
+6%
|
189
+3%
|
197
+4%
|
198
+1%
|
200
+1%
|
198
-1%
|
199
+1%
|
201
+1%
|
204
+1%
|
205
+0%
|
209
+2%
|
213
+2%
|
215
+1%
|
221
+3%
|
225
+2%
|
227
+1%
|
229
+1%
|
193
-16%
|
124
-36%
|
119
-4%
|
148
+25%
|
182
+23%
|
252
+39%
|
285
+13%
|
303
+6%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(6)
|
(5)
|
(5)
|
(5)
|
(3)
|
(5)
|
(5)
|
(6)
|
(6)
|
(5)
|
(4)
|
(5)
|
(4)
|
(1)
|
(1)
|
(0)
|
(8)
|
(5)
|
(6)
|
(6)
|
0
|
(6)
|
(6)
|
(6)
|
(8)
|
(8)
|
(8)
|
(8)
|
(6)
|
(6)
|
(5)
|
(6)
|
(7)
|
(161)
|
(30)
|
(53)
|
(18)
|
(23)
|
(34)
|
(36)
|
(39)
|
|
Selling, General & Administrative |
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(6)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(6)
|
(6)
|
(6)
|
(7)
|
(8)
|
(9)
|
(9)
|
(10)
|
|
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
|
(9)
|
(19)
|
(19)
|
(19)
|
(19)
|
(20)
|
(23)
|
(25)
|
|
Other Operating Expenses |
(2)
|
(1)
|
(1)
|
(1)
|
1
|
(0)
|
(0)
|
(0)
|
(1)
|
1
|
1
|
0
|
2
|
4
|
4
|
4
|
(4)
|
(1)
|
(1)
|
(1)
|
6
|
(0)
|
(1)
|
(1)
|
(3)
|
(3)
|
(3)
|
(2)
|
(1)
|
(0)
|
(0)
|
(1)
|
(3)
|
(146)
|
(5)
|
(27)
|
8
|
4
|
(4)
|
(4)
|
(4)
|
|
Operating Income |
138
N/A
|
139
+1%
|
140
+1%
|
141
+1%
|
142
+1%
|
137
-4%
|
135
-1%
|
138
+2%
|
141
+2%
|
146
+4%
|
151
+3%
|
154
+2%
|
159
+3%
|
165
+4%
|
167
+1%
|
174
+4%
|
176
+1%
|
184
+4%
|
191
+4%
|
192
+1%
|
200
+4%
|
192
-4%
|
193
+0%
|
195
+1%
|
196
+1%
|
197
+0%
|
201
+2%
|
206
+2%
|
209
+2%
|
215
+3%
|
220
+2%
|
221
+0%
|
221
+0%
|
32
-86%
|
93
+195%
|
66
-30%
|
129
+96%
|
158
+22%
|
218
+38%
|
249
+14%
|
264
+6%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
91
|
91
|
137
|
135
|
68
|
74
|
(19)
|
21
|
111
|
113
|
115
|
72
|
24
|
13
|
(10)
|
9
|
34
|
35
|
54
|
38
|
(20)
|
(22)
|
(32)
|
52
|
58
|
66
|
62
|
(21)
|
(17)
|
(21)
|
(30)
|
(32)
|
203
|
60
|
(414)
|
(407)
|
71
|
45
|
37
|
37
|
22
|
|
Non-Reccuring Items |
(3)
|
(3)
|
(3)
|
(2)
|
(1)
|
0
|
(1)
|
0
|
0
|
(1)
|
(1)
|
(7)
|
(16)
|
(16)
|
(15)
|
(9)
|
(4)
|
(4)
|
(4)
|
(4)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
0
|
(0)
|
(0)
|
(144)
|
0
|
(27)
|
0
|
21
|
21
|
5
|
5
|
(0)
|
|
Gain/Loss on Disposition of Assets |
0
|
0
|
1
|
(10)
|
(10)
|
0
|
(10)
|
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
4
|
10
|
0
|
10
|
6
|
0
|
0
|
18
|
21
|
21
|
20
|
2
|
(1)
|
3
|
4
|
4
|
4
|
1
|
1
|
78
|
230
|
153
|
1
|
0
|
0
|
16
|
|
Total Other Income |
(1)
|
(1)
|
(2)
|
(2)
|
0
|
(10)
|
(1)
|
(1)
|
(0)
|
(1)
|
(1)
|
(1)
|
0
|
0
|
0
|
0
|
0
|
10
|
(1)
|
(1)
|
0
|
(1)
|
(1)
|
(1)
|
0
|
(1)
|
(1)
|
(1)
|
0
|
134
|
135
|
135
|
(20)
|
(20)
|
1
|
1
|
0
|
0
|
0
|
0
|
0
|
|
Pre-Tax Income |
225
N/A
|
227
+1%
|
274
+21%
|
265
-4%
|
200
-24%
|
201
+0%
|
105
-48%
|
159
+51%
|
252
+58%
|
258
+3%
|
265
+3%
|
219
-17%
|
167
-24%
|
163
-3%
|
142
-13%
|
177
+25%
|
216
+22%
|
225
+4%
|
251
+12%
|
233
-7%
|
180
-23%
|
170
-5%
|
179
+5%
|
267
+49%
|
274
+3%
|
283
+3%
|
265
-6%
|
183
-31%
|
195
+7%
|
332
+70%
|
328
-1%
|
327
0%
|
261
-20%
|
73
-72%
|
(268)
N/A
|
(110)
+59%
|
375
N/A
|
226
-40%
|
260
+15%
|
291
+12%
|
302
+4%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(31)
|
(32)
|
(31)
|
(31)
|
(27)
|
(29)
|
(34)
|
(33)
|
(36)
|
(36)
|
(34)
|
(35)
|
(37)
|
(37)
|
(28)
|
(33)
|
(37)
|
(37)
|
(51)
|
(46)
|
(32)
|
(31)
|
(22)
|
(46)
|
(52)
|
(50)
|
(56)
|
(34)
|
(44)
|
(45)
|
(43)
|
(42)
|
(45)
|
(40)
|
43
|
20
|
(65)
|
(42)
|
(34)
|
(35)
|
(72)
|
|
Income from Continuing Operations |
194
|
195
|
244
|
234
|
173
|
172
|
71
|
126
|
215
|
222
|
231
|
184
|
130
|
125
|
114
|
145
|
179
|
187
|
201
|
187
|
148
|
140
|
157
|
221
|
223
|
233
|
209
|
150
|
152
|
288
|
285
|
285
|
216
|
33
|
(225)
|
(90)
|
310
|
184
|
226
|
256
|
230
|
|
Income to Minority Interest |
(14)
|
(14)
|
(22)
|
(22)
|
(10)
|
(10)
|
(3)
|
(3)
|
(7)
|
(7)
|
(7)
|
(7)
|
(8)
|
(8)
|
(15)
|
(14)
|
(14)
|
(14)
|
(6)
|
(6)
|
(4)
|
(5)
|
(7)
|
(7)
|
(8)
|
(8)
|
(8)
|
(9)
|
(4)
|
(4)
|
0
|
1
|
(0)
|
(2)
|
3
|
3
|
(1)
|
(1)
|
(3)
|
(4)
|
1
|
|
Net Income (Common) |
180
N/A
|
182
+1%
|
222
+22%
|
212
-5%
|
162
-23%
|
162
0%
|
69
-58%
|
123
+79%
|
209
+70%
|
215
+3%
|
224
+4%
|
177
-21%
|
121
-32%
|
114
-6%
|
94
-18%
|
120
+28%
|
152
+26%
|
158
+4%
|
176
+12%
|
162
-8%
|
124
-24%
|
116
-7%
|
131
+13%
|
195
+49%
|
195
+0%
|
206
+5%
|
181
-12%
|
122
-33%
|
128
+5%
|
264
+106%
|
266
+1%
|
266
0%
|
197
-26%
|
12
-94%
|
(238)
N/A
|
(100)
+58%
|
296
N/A
|
169
-43%
|
210
+24%
|
239
+14%
|
218
-9%
|
|
EPS (Diluted) |
0.14
N/A
|
0.14
N/A
|
0.17
+21%
|
0.17
N/A
|
0.13
-24%
|
0.13
N/A
|
0.05
-62%
|
0.09
+80%
|
0.16
+78%
|
0.13
-19%
|
0.16
+23%
|
0.12
-25%
|
0.08
-33%
|
0.07
-13%
|
0.06
-14%
|
0.08
+33%
|
0.09
+13%
|
0.1
+11%
|
0.11
+10%
|
0.1
-9%
|
0.07
-30%
|
0.07
N/A
|
0.07
N/A
|
0.09
+29%
|
0.09
N/A
|
0.09
N/A
|
0.08
-11%
|
0.05
-38%
|
0.06
+20%
|
0.12
+100%
|
0.12
N/A
|
0.12
N/A
|
0.09
-25%
|
0
N/A
|
-0.08
N/A
|
-0.03
+63%
|
0.09
N/A
|
0.05
-44%
|
0.06
+20%
|
0.07
+17%
|
0.06
-14%
|