Frasers Property Ltd
SGX:TQ5
Income Statement
Earnings Waterfall
Frasers Property Ltd
Revenue
|
3.9B
SGD
|
Cost of Revenue
|
-2.4B
SGD
|
Gross Profit
|
1.5B
SGD
|
Operating Expenses
|
-397.7m
SGD
|
Operating Income
|
1.1B
SGD
|
Other Expenses
|
-1B
SGD
|
Net Income
|
123.2m
SGD
|
Income Statement
Frasers Property Ltd
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 | Mar-2020 | Sep-2020 | Mar-2021 | Sep-2021 | Mar-2022 | Sep-2022 | Mar-2023 | Sep-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | |||||||||||||||||||||||||||||||||
Revenue |
1 966
N/A
|
2 358
+20%
|
2 203
-7%
|
2 723
+24%
|
2 721
0%
|
3 339
+23%
|
3 562
+7%
|
3 161
-11%
|
3 617
+14%
|
3 289
-9%
|
3 440
+5%
|
3 740
+9%
|
3 548
-5%
|
4 264
+20%
|
4 027
-6%
|
3 804
-6%
|
3 939
+4%
|
3 902
-1%
|
4 321
+11%
|
7 607
+76%
|
7 700
+1%
|
6 977
-9%
|
3 792
-46%
|
3 887
+3%
|
5 087
+31%
|
3 597
-29%
|
3 030
-16%
|
3 764
+24%
|
3 881
+3%
|
3 877
0%
|
4 140
+7%
|
3 947
-5%
|
|
Gross Profit | |||||||||||||||||||||||||||||||||
Cost of Revenue |
(1 174)
|
(1 359)
|
(1 432)
|
(1 763)
|
(1 665)
|
(2 027)
|
(2 479)
|
(2 277)
|
(2 770)
|
(2 685)
|
(2 407)
|
(2 619)
|
(2 478)
|
(3 031)
|
(2 843)
|
(2 702)
|
(2 753)
|
(2 689)
|
(2 845)
|
(4 965)
|
(5 026)
|
(4 415)
|
(2 345)
|
(2 306)
|
(2 863)
|
(2 139)
|
(1 576)
|
(2 198)
|
(2 626)
|
(2 371)
|
(2 503)
|
(2 403)
|
|
Gross Profit |
791
N/A
|
999
+26%
|
772
-23%
|
960
+24%
|
1 056
+10%
|
1 312
+24%
|
1 082
-18%
|
884
-18%
|
847
-4%
|
604
-29%
|
1 033
+71%
|
1 121
+9%
|
1 070
-5%
|
1 233
+15%
|
1 184
-4%
|
1 102
-7%
|
1 186
+8%
|
1 213
+2%
|
1 476
+22%
|
2 642
+79%
|
2 674
+1%
|
2 563
-4%
|
1 447
-44%
|
1 581
+9%
|
2 223
+41%
|
1 458
-34%
|
1 454
0%
|
1 566
+8%
|
1 255
-20%
|
1 506
+20%
|
1 637
+9%
|
1 544
-6%
|
|
Operating Income | |||||||||||||||||||||||||||||||||
Operating Expenses |
(242)
|
(331)
|
(143)
|
(246)
|
(344)
|
(450)
|
(242)
|
(121)
|
(1)
|
134
|
(253)
|
(226)
|
(234)
|
(243)
|
(285)
|
(289)
|
(304)
|
(328)
|
(375)
|
(652)
|
(670)
|
(684)
|
(441)
|
(470)
|
(641)
|
(432)
|
(350)
|
(317)
|
(319)
|
(373)
|
(361)
|
(398)
|
|
Selling, General & Administrative |
(124)
|
(170)
|
(143)
|
(231)
|
(257)
|
(283)
|
(248)
|
(308)
|
(299)
|
(286)
|
(259)
|
(232)
|
(238)
|
(250)
|
(289)
|
(293)
|
(308)
|
(332)
|
(365)
|
(659)
|
(678)
|
(694)
|
(433)
|
(471)
|
(638)
|
(465)
|
(450)
|
(359)
|
(368)
|
(369)
|
(392)
|
(387)
|
|
Depreciation & Amortization |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(13)
|
0
|
0
|
0
|
(15)
|
0
|
0
|
(28)
|
0
|
(28)
|
0
|
(27)
|
0
|
(24)
|
|
Other Operating Expenses |
(117)
|
(162)
|
1
|
(15)
|
(87)
|
(167)
|
6
|
186
|
298
|
420
|
7
|
6
|
4
|
6
|
4
|
4
|
4
|
4
|
3
|
7
|
8
|
10
|
7
|
1
|
(3)
|
62
|
101
|
71
|
49
|
24
|
31
|
14
|
|
Operating Income |
550
N/A
|
668
+21%
|
629
-6%
|
714
+13%
|
712
0%
|
862
+21%
|
840
-3%
|
763
-9%
|
847
+11%
|
738
-13%
|
780
+6%
|
895
+15%
|
836
-7%
|
990
+18%
|
899
-9%
|
813
-10%
|
882
+8%
|
885
+0%
|
1 102
+24%
|
1 989
+81%
|
2 005
+1%
|
1 878
-6%
|
1 006
-46%
|
1 111
+10%
|
1 582
+42%
|
1 027
-35%
|
1 104
+8%
|
1 249
+13%
|
936
-25%
|
1 133
+21%
|
1 276
+13%
|
1 146
-10%
|
|
Pre-Tax Income | |||||||||||||||||||||||||||||||||
Interest Income Expense |
80
|
153
|
330
|
339
|
332
|
282
|
322
|
300
|
253
|
264
|
168
|
182
|
201
|
177
|
365
|
322
|
311
|
315
|
581
|
530
|
525
|
751
|
463
|
450
|
340
|
(61)
|
(92)
|
739
|
948
|
846
|
672
|
(729)
|
|
Non-Reccuring Items |
(33)
|
(45)
|
(151)
|
(136)
|
(56)
|
(43)
|
35
|
16
|
(9)
|
(10)
|
12
|
19
|
5
|
6
|
(16)
|
(21)
|
(21)
|
(21)
|
(156)
|
(156)
|
(157)
|
(141)
|
(116)
|
(116)
|
(109)
|
(161)
|
(178)
|
39
|
61
|
17
|
131
|
(31)
|
|
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
|
0
|
133
|
0
|
15
|
|
Total Other Income |
0
|
0
|
(1)
|
(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
|
|
Pre-Tax Income |
597
N/A
|
776
+30%
|
807
+4%
|
917
+14%
|
988
+8%
|
1 101
+11%
|
1 197
+9%
|
1 079
-10%
|
1 091
+1%
|
992
-9%
|
960
-3%
|
1 096
+14%
|
1 042
-5%
|
1 173
+13%
|
1 248
+6%
|
1 114
-11%
|
1 173
+5%
|
1 179
+1%
|
1 527
+29%
|
2 363
+55%
|
2 372
+0%
|
2 488
+5%
|
1 353
-46%
|
1 446
+7%
|
1 812
+25%
|
805
-56%
|
834
+4%
|
2 027
+143%
|
1 944
-4%
|
2 130
+10%
|
2 079
-2%
|
401
-81%
|
|
Net Income | |||||||||||||||||||||||||||||||||
Tax Provision |
(84)
|
(107)
|
(128)
|
(150)
|
(149)
|
(180)
|
(184)
|
(172)
|
(189)
|
(165)
|
(194)
|
(218)
|
(207)
|
(252)
|
(216)
|
(193)
|
(213)
|
(207)
|
(341)
|
(536)
|
(527)
|
(489)
|
(286)
|
(343)
|
(485)
|
(286)
|
(282)
|
(461)
|
(338)
|
(358)
|
(369)
|
(106)
|
|
Income from Continuing Operations |
513
|
668
|
680
|
767
|
839
|
922
|
1 012
|
907
|
902
|
827
|
766
|
878
|
835
|
921
|
1 032
|
922
|
959
|
973
|
1 186
|
1 827
|
1 845
|
2 000
|
1 067
|
1 103
|
1 327
|
519
|
552
|
1 567
|
1 606
|
1 771
|
1 710
|
295
|
|
Income to Minority Interest |
(89)
|
(117)
|
(179)
|
(200)
|
(199)
|
(227)
|
(241)
|
(224)
|
(239)
|
(192)
|
(169)
|
(190)
|
(200)
|
(255)
|
(343)
|
(337)
|
(335)
|
(332)
|
(436)
|
(615)
|
(624)
|
(643)
|
(507)
|
(529)
|
(638)
|
(331)
|
(322)
|
(734)
|
(893)
|
(843)
|
(714)
|
(122)
|
|
Net Income (Common) |
424
N/A
|
551
+30%
|
501
-9%
|
560
+12%
|
623
+11%
|
661
+6%
|
724
+10%
|
643
-11%
|
602
-6%
|
590
-2%
|
533
-10%
|
621
+17%
|
569
-8%
|
597
+5%
|
624
+4%
|
519
-17%
|
559
+8%
|
568
+2%
|
670
+18%
|
1 078
+61%
|
1 081
+0%
|
1 217
+13%
|
465
-62%
|
467
+0%
|
571
+22%
|
112
-80%
|
172
+54%
|
775
+351%
|
658
-15%
|
871
+32%
|
939
+8%
|
123
-87%
|
|
EPS (Diluted) |
0.21
N/A
|
0.19
-10%
|
0.2
+5%
|
0.19
-5%
|
0.21
+11%
|
0.23
+10%
|
0.25
+9%
|
0.22
-12%
|
0.2
-9%
|
0.19
-5%
|
0.18
-5%
|
0.2
+11%
|
0.18
-10%
|
0.19
+6%
|
0.21
+11%
|
0.17
-19%
|
0.19
+12%
|
0.19
N/A
|
0.23
+21%
|
0.37
+61%
|
0.36
-3%
|
0.41
+14%
|
0.16
-61%
|
0.16
N/A
|
0.19
+19%
|
0.04
-79%
|
0.06
+50%
|
0.22
+267%
|
0.17
-23%
|
0.22
+29%
|
0.24
+9%
|
0.03
-88%
|