CT Real Estate Investment Trust
TSX:CRT.UN
Income Statement
Earnings Waterfall
CT Real Estate Investment Trust
Revenue
|
552.8m
CAD
|
Cost of Revenue
|
-20.4m
CAD
|
Gross Profit
|
532.4m
CAD
|
Operating Expenses
|
-110.4m
CAD
|
Operating Income
|
422m
CAD
|
Other Expenses
|
-316.7m
CAD
|
Net Income
|
105.3m
CAD
|
Income Statement
CT Real Estate Investment Trust
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 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | |||||||||||||||||||||||||||||||||||||||||
Revenue |
86
N/A
|
166
+93%
|
256
+54%
|
345
+35%
|
355
+3%
|
364
+3%
|
371
+2%
|
378
+2%
|
384
+2%
|
393
+2%
|
400
+2%
|
407
+2%
|
420
+3%
|
430
+2%
|
436
+1%
|
443
+2%
|
449
+1%
|
456
+2%
|
465
+2%
|
473
+2%
|
478
+1%
|
481
+1%
|
485
+1%
|
489
+1%
|
494
+1%
|
498
+1%
|
499
+0%
|
502
+1%
|
505
+1%
|
509
+1%
|
512
+0%
|
515
+1%
|
517
+0%
|
520
+1%
|
527
+1%
|
533
+1%
|
538
+1%
|
544
+1%
|
548
+1%
|
553
+1%
|
|
Gross Profit | |||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(3)
|
(3)
|
(5)
|
(8)
|
(10)
|
(11)
|
(12)
|
(12)
|
(13)
|
(14)
|
(14)
|
(15)
|
(16)
|
(17)
|
(18)
|
(18)
|
(20)
|
(20)
|
(21)
|
(22)
|
(21)
|
(20)
|
(19)
|
(18)
|
(18)
|
(19)
|
(21)
|
(22)
|
(22)
|
(21)
|
(19)
|
(18)
|
(18)
|
(18)
|
(19)
|
(20)
|
(20)
|
(20)
|
(21)
|
(20)
|
|
Gross Profit |
83
N/A
|
163
+96%
|
250
+53%
|
337
+35%
|
345
+3%
|
354
+2%
|
360
+2%
|
366
+2%
|
372
+1%
|
379
+2%
|
385
+2%
|
392
+2%
|
404
+3%
|
413
+2%
|
419
+1%
|
425
+2%
|
429
+1%
|
436
+2%
|
443
+2%
|
451
+2%
|
456
+1%
|
460
+1%
|
466
+1%
|
471
+1%
|
476
+1%
|
479
+1%
|
479
0%
|
481
+0%
|
484
+1%
|
489
+1%
|
492
+1%
|
496
+1%
|
498
+0%
|
501
+1%
|
509
+1%
|
513
+1%
|
518
+1%
|
523
+1%
|
527
+1%
|
532
+1%
|
|
Operating Income | |||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(19)
|
(38)
|
(59)
|
(78)
|
(81)
|
(83)
|
(83)
|
(85)
|
(87)
|
(89)
|
(91)
|
(92)
|
(94)
|
(94)
|
(92)
|
(91)
|
(91)
|
(93)
|
(96)
|
(99)
|
(101)
|
(102)
|
(101)
|
(102)
|
(101)
|
(102)
|
(102)
|
(102)
|
(104)
|
(104)
|
(103)
|
(104)
|
(104)
|
(104)
|
(106)
|
(106)
|
(107)
|
(107)
|
(109)
|
(110)
|
|
Selling, General & Administrative |
(18)
|
(37)
|
(58)
|
(77)
|
(80)
|
(82)
|
(82)
|
(85)
|
(87)
|
(89)
|
(90)
|
(92)
|
(93)
|
(94)
|
(92)
|
(91)
|
(91)
|
(93)
|
(96)
|
(99)
|
(101)
|
(102)
|
(101)
|
(102)
|
(101)
|
(102)
|
(102)
|
(102)
|
(104)
|
(104)
|
(103)
|
(104)
|
(104)
|
(104)
|
(106)
|
(106)
|
(107)
|
(107)
|
(109)
|
(110)
|
|
Other Operating Expenses |
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(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
|
|
Operating Income |
65
N/A
|
126
+94%
|
192
+52%
|
259
+35%
|
265
+2%
|
271
+2%
|
277
+2%
|
281
+2%
|
284
+1%
|
290
+2%
|
295
+2%
|
301
+2%
|
310
+3%
|
318
+3%
|
326
+3%
|
334
+2%
|
338
+1%
|
343
+2%
|
347
+1%
|
352
+1%
|
355
+1%
|
358
+1%
|
364
+2%
|
369
+1%
|
375
+2%
|
377
+1%
|
377
+0%
|
379
+1%
|
380
+0%
|
385
+1%
|
389
+1%
|
393
+1%
|
395
+1%
|
397
+1%
|
402
+1%
|
407
+1%
|
411
+1%
|
416
+1%
|
418
+1%
|
422
+1%
|
|
Pre-Tax Income | |||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
110
|
90
|
73
|
59
|
(60)
|
(55)
|
(51)
|
(47)
|
(44)
|
(46)
|
(38)
|
(41)
|
(36)
|
(31)
|
(41)
|
(17)
|
(23)
|
(28)
|
(24)
|
(51)
|
(56)
|
(55)
|
(60)
|
(61)
|
(96)
|
(114)
|
(131)
|
(195)
|
(166)
|
(54)
|
(44)
|
64
|
81
|
(21)
|
(27)
|
(83)
|
(109)
|
(84)
|
(152)
|
(193)
|
|
Pre-Tax Income |
175
N/A
|
215
+23%
|
265
+23%
|
318
+20%
|
204
-36%
|
216
+6%
|
225
+4%
|
235
+4%
|
240
+2%
|
243
+1%
|
256
+5%
|
259
+1%
|
273
+5%
|
287
+5%
|
286
-1%
|
317
+11%
|
315
-1%
|
315
+0%
|
323
+3%
|
301
-7%
|
300
0%
|
304
+1%
|
305
+0%
|
307
+1%
|
279
-9%
|
262
-6%
|
246
-6%
|
183
-26%
|
215
+17%
|
331
+54%
|
346
+4%
|
457
+32%
|
475
+4%
|
377
-21%
|
375
0%
|
325
-13%
|
302
-7%
|
332
+10%
|
266
-20%
|
229
-14%
|
|
Net Income | |||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(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
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Income from Continuing Operations |
173
|
215
|
265
|
318
|
204
|
216
|
225
|
235
|
240
|
243
|
256
|
259
|
273
|
287
|
286
|
317
|
315
|
315
|
323
|
301
|
300
|
304
|
305
|
307
|
279
|
262
|
246
|
183
|
215
|
331
|
346
|
457
|
475
|
377
|
375
|
325
|
302
|
332
|
266
|
229
|
|
Income to Minority Interest |
(84)
|
0
|
0
|
(159)
|
(187)
|
(217)
|
(248)
|
(122)
|
(126)
|
(129)
|
(139)
|
(143)
|
(153)
|
(162)
|
(162)
|
(182)
|
(181)
|
(181)
|
(186)
|
(173)
|
(171)
|
(172)
|
(171)
|
(171)
|
(154)
|
(144)
|
(134)
|
(100)
|
(117)
|
(180)
|
(188)
|
(249)
|
(259)
|
(205)
|
(204)
|
(176)
|
(164)
|
(180)
|
(144)
|
(124)
|
|
Net Income (Common) |
89
N/A
|
215
+142%
|
265
+23%
|
159
-40%
|
101
-36%
|
(1)
N/A
|
(23)
-1 631%
|
113
N/A
|
114
+1%
|
114
-1%
|
117
+3%
|
117
-1%
|
121
+3%
|
125
+4%
|
124
-1%
|
136
+10%
|
134
-1%
|
134
0%
|
137
+3%
|
128
-7%
|
129
+0%
|
132
+2%
|
134
+2%
|
137
+2%
|
125
-9%
|
119
-5%
|
112
-5%
|
84
-26%
|
98
+17%
|
151
+54%
|
157
+4%
|
208
+32%
|
217
+4%
|
172
-21%
|
171
0%
|
148
-13%
|
138
-7%
|
152
+10%
|
122
-20%
|
105
-14%
|