Oue Commercial Real Estate Investment Trust
SGX:TS0U
Income Statement
Earnings Waterfall
Oue Commercial Real Estate Investment Trust
Revenue
|
264.5m
SGD
|
Cost of Revenue
|
-62.8m
SGD
|
Gross Profit
|
201.7m
SGD
|
Operating Expenses
|
-7.7m
SGD
|
Operating Income
|
194m
SGD
|
Other Expenses
|
66.7m
SGD
|
Net Income
|
260.8m
SGD
|
Income Statement
Oue Commercial Real Estate Investment Trust
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 | Jun-2020 | Dec-2020 | Jun-2021 | Dec-2021 | Jun-2022 | Dec-2022 | Jun-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||
Revenue |
72
N/A
|
78
+9%
|
79
+1%
|
80
+1%
|
101
+26%
|
124
+22%
|
150
+21%
|
173
+16%
|
178
+3%
|
180
+1%
|
178
-1%
|
177
-1%
|
176
-1%
|
176
0%
|
174
-1%
|
172
-1%
|
176
+2%
|
188
+6%
|
196
+5%
|
219
+11%
|
257
+18%
|
280
+9%
|
370
+32%
|
292
-21%
|
284
-3%
|
250
-12%
|
232
-7%
|
242
+4%
|
264
+10%
|
|
Gross Profit | ||||||||||||||||||||||||||||||
Cost of Revenue |
(23)
|
(25)
|
(25)
|
(26)
|
(43)
|
(49)
|
(57)
|
(62)
|
(52)
|
(52)
|
(50)
|
(50)
|
(48)
|
(47)
|
(47)
|
(47)
|
(49)
|
(53)
|
(56)
|
(63)
|
(70)
|
(75)
|
(101)
|
(81)
|
(83)
|
(73)
|
(62)
|
(61)
|
(63)
|
|
Gross Profit |
48
N/A
|
53
+10%
|
54
+1%
|
55
+1%
|
58
+7%
|
75
+28%
|
93
+24%
|
111
+19%
|
126
+14%
|
127
+1%
|
128
+1%
|
128
0%
|
128
+0%
|
129
+0%
|
128
-1%
|
126
-1%
|
127
+1%
|
135
+6%
|
141
+4%
|
156
+11%
|
188
+21%
|
204
+9%
|
269
+32%
|
211
-22%
|
200
-5%
|
177
-11%
|
170
-4%
|
180
+6%
|
202
+12%
|
|
Operating Income | ||||||||||||||||||||||||||||||
Operating Expenses |
0
|
(14)
|
(13)
|
(12)
|
3
|
35
|
34
|
32
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(2)
|
(2)
|
0
|
4
|
7
|
9
|
10
|
9
|
12
|
9
|
7
|
8
|
10
|
2
|
(8)
|
|
Depreciation & Amortization |
(6)
|
(6)
|
(5)
|
(5)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(5)
|
(6)
|
(6)
|
(6)
|
(5)
|
(5)
|
(6)
|
(5)
|
(5)
|
(5)
|
(5)
|
(4)
|
(1)
|
|
Other Operating Expenses |
6
|
(8)
|
(7)
|
(7)
|
7
|
40
|
38
|
37
|
1
|
1
|
1
|
1
|
2
|
2
|
2
|
3
|
5
|
9
|
12
|
15
|
15
|
14
|
18
|
14
|
12
|
13
|
15
|
6
|
(6)
|
|
Operating Income |
48
N/A
|
40
-18%
|
41
+3%
|
43
+4%
|
61
+42%
|
110
+81%
|
126
+15%
|
143
+13%
|
123
-14%
|
124
+1%
|
125
+0%
|
124
0%
|
125
+1%
|
126
+1%
|
125
-1%
|
124
-1%
|
127
+2%
|
138
+9%
|
147
+7%
|
165
+12%
|
198
+20%
|
213
+8%
|
281
+32%
|
220
-22%
|
208
-6%
|
185
-11%
|
180
-3%
|
182
+1%
|
194
+6%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||
Interest Income Expense |
301
|
17
|
17
|
15
|
(4)
|
(14)
|
(23)
|
(32)
|
(31)
|
(30)
|
(26)
|
(22)
|
59
|
61
|
60
|
59
|
23
|
21
|
16
|
(6)
|
(47)
|
(55)
|
(81)
|
(260)
|
(252)
|
(115)
|
(105)
|
122
|
93
|
|
Non-Reccuring Items |
(14)
|
0
|
0
|
0
|
34
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(5)
|
0
|
|
Total Other Income |
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
0
|
(1)
|
(1)
|
(1)
|
0
|
(2)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Pre-Tax Income |
335
N/A
|
57
-83%
|
58
+2%
|
58
+1%
|
91
+57%
|
96
+6%
|
103
+7%
|
111
+8%
|
92
-17%
|
94
+2%
|
98
+5%
|
102
+3%
|
184
+81%
|
187
+2%
|
186
-1%
|
183
-1%
|
150
-18%
|
159
+5%
|
163
+3%
|
159
-3%
|
151
-5%
|
158
+5%
|
199
+26%
|
(40)
N/A
|
(45)
-10%
|
70
N/A
|
75
+8%
|
299
+296%
|
287
-4%
|
|
Net Income | ||||||||||||||||||||||||||||||
Tax Provision |
(42)
|
(4)
|
(5)
|
(5)
|
(10)
|
(13)
|
(16)
|
(19)
|
(22)
|
(22)
|
(22)
|
(22)
|
(36)
|
(36)
|
(36)
|
(36)
|
(20)
|
(19)
|
(19)
|
(19)
|
(17)
|
(17)
|
(20)
|
(0)
|
(1)
|
(14)
|
(14)
|
(11)
|
(12)
|
|
Income from Continuing Operations |
293
|
52
|
53
|
53
|
81
|
83
|
87
|
92
|
70
|
71
|
76
|
80
|
148
|
151
|
149
|
147
|
131
|
139
|
144
|
140
|
133
|
141
|
180
|
(41)
|
(45)
|
56
|
62
|
288
|
275
|
|
Income to Minority Interest |
0
|
0
|
0
|
0
|
(2)
|
(3)
|
(5)
|
(7)
|
(8)
|
(8)
|
(9)
|
(9)
|
(11)
|
(11)
|
(11)
|
(11)
|
(13)
|
(13)
|
(13)
|
(13)
|
(14)
|
(14)
|
(15)
|
4
|
4
|
(17)
|
(17)
|
(12)
|
(12)
|
|
Net Income (Common) |
293
N/A
|
52
-82%
|
53
+1%
|
53
+0%
|
78
+47%
|
77
-1%
|
78
+1%
|
80
+2%
|
56
-29%
|
58
+2%
|
62
+7%
|
65
+6%
|
131
+100%
|
135
+3%
|
134
-1%
|
132
-1%
|
114
-14%
|
122
+7%
|
127
+4%
|
122
-4%
|
115
-6%
|
123
+7%
|
180
+46%
|
(40)
N/A
|
(44)
-11%
|
36
N/A
|
43
+18%
|
273
+539%
|
261
-5%
|
|
EPS (Diluted) |
0.27
N/A
|
0.05
-81%
|
0.05
N/A
|
0.05
N/A
|
0.06
+20%
|
0.04
-33%
|
0.03
-25%
|
0.02
-33%
|
0.03
+50%
|
0.01
-67%
|
0.02
+100%
|
0.03
+50%
|
0.05
+67%
|
0.07
+40%
|
0.07
N/A
|
0.06
-14%
|
0.05
-17%
|
0.04
-20%
|
0.04
N/A
|
0.04
N/A
|
0.03
-25%
|
0.02
-33%
|
0.03
+50%
|
-0.01
N/A
|
-0.01
N/A
|
0.01
N/A
|
0.01
N/A
|
0.05
+400%
|
0.05
N/A
|