Plaza Retail REIT
TSX:PLZ.UN
Income Statement
Earnings Waterfall
Plaza Retail REIT
Revenue
|
114.1m
CAD
|
Cost of Revenue
|
-16.9m
CAD
|
Gross Profit
|
97.2m
CAD
|
Operating Expenses
|
-31.4m
CAD
|
Operating Income
|
65.8m
CAD
|
Other Expenses
|
-45.6m
CAD
|
Net Income
|
20.2m
CAD
|
Income Statement
Plaza Retail REIT
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 | 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 |
83
N/A
|
91
+9%
|
95
+5%
|
94
0%
|
93
-1%
|
94
+1%
|
94
+0%
|
95
+1%
|
96
+1%
|
97
+1%
|
98
+1%
|
99
+2%
|
100
+1%
|
101
+1%
|
103
+2%
|
102
0%
|
103
+0%
|
104
+1%
|
103
0%
|
104
+1%
|
104
+0%
|
110
+6%
|
110
+0%
|
111
+1%
|
113
+1%
|
108
-4%
|
108
+0%
|
108
-1%
|
107
-1%
|
106
-1%
|
109
+3%
|
110
+1%
|
111
+0%
|
112
+1%
|
110
-2%
|
111
+1%
|
111
+1%
|
112
+0%
|
112
+1%
|
113
+1%
|
114
+1%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(31)
|
(33)
|
(34)
|
(33)
|
(34)
|
(34)
|
(34)
|
(35)
|
(35)
|
(35)
|
(36)
|
(37)
|
(38)
|
(38)
|
(38)
|
(38)
|
(39)
|
(39)
|
(40)
|
(40)
|
(40)
|
(40)
|
(40)
|
(39)
|
(40)
|
(40)
|
(41)
|
(40)
|
(38)
|
(38)
|
(37)
|
(37)
|
(39)
|
(33)
|
(27)
|
(21)
|
(15)
|
(16)
|
(16)
|
(16)
|
(17)
|
|
Gross Profit |
53
N/A
|
58
+10%
|
61
+6%
|
61
0%
|
60
-2%
|
60
+1%
|
60
0%
|
60
+1%
|
61
+1%
|
61
+1%
|
62
+0%
|
62
+1%
|
63
+1%
|
63
0%
|
65
+3%
|
65
0%
|
64
0%
|
64
+0%
|
63
-2%
|
64
+1%
|
64
+0%
|
70
+10%
|
70
+0%
|
72
+2%
|
73
+1%
|
68
-6%
|
68
-1%
|
67
-1%
|
69
+2%
|
68
-1%
|
72
+6%
|
73
+1%
|
72
-1%
|
79
+10%
|
83
+5%
|
89
+8%
|
96
+8%
|
96
+0%
|
96
+0%
|
97
+1%
|
97
+1%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(7)
|
(17)
|
(8)
|
(8)
|
(7)
|
(6)
|
(6)
|
(7)
|
(6)
|
(6)
|
(6)
|
(6)
|
(7)
|
(7)
|
(7)
|
(7)
|
(8)
|
(7)
|
(7)
|
(7)
|
(7)
|
(7)
|
(7)
|
(6)
|
(6)
|
(6)
|
(6)
|
(7)
|
(7)
|
(6)
|
(5)
|
(4)
|
(4)
|
(11)
|
(17)
|
(24)
|
(30)
|
(30)
|
(30)
|
(30)
|
(31)
|
|
Selling, General & Administrative |
(8)
|
(9)
|
(10)
|
(10)
|
(9)
|
(8)
|
(9)
|
(9)
|
(9)
|
(9)
|
(9)
|
(9)
|
(9)
|
(9)
|
(9)
|
(9)
|
(9)
|
(9)
|
(9)
|
(9)
|
(9)
|
(10)
|
(10)
|
(10)
|
(10)
|
(9)
|
(9)
|
(9)
|
(9)
|
(9)
|
(8)
|
(7)
|
(7)
|
(14)
|
(20)
|
(27)
|
(33)
|
(34)
|
(34)
|
(34)
|
(35)
|
|
Other Operating Expenses |
2
|
(7)
|
2
|
2
|
2
|
3
|
3
|
2
|
3
|
3
|
3
|
3
|
2
|
2
|
2
|
2
|
2
|
2
|
2
|
2
|
2
|
2
|
3
|
3
|
4
|
4
|
3
|
3
|
2
|
3
|
3
|
3
|
3
|
3
|
3
|
3
|
3
|
4
|
4
|
4
|
4
|
|
Operating Income |
46
N/A
|
41
-10%
|
53
+29%
|
53
+1%
|
53
0%
|
54
+2%
|
54
-1%
|
54
0%
|
55
+3%
|
55
+0%
|
56
+0%
|
57
+2%
|
56
-1%
|
56
0%
|
58
+3%
|
57
-1%
|
57
-1%
|
57
+1%
|
56
-1%
|
57
+0%
|
57
+0%
|
63
+11%
|
63
+1%
|
65
+3%
|
67
+2%
|
62
-6%
|
62
-1%
|
61
-2%
|
62
+3%
|
62
-1%
|
67
+8%
|
69
+3%
|
68
-1%
|
68
+1%
|
66
-4%
|
66
0%
|
66
+0%
|
66
+0%
|
66
+0%
|
66
+0%
|
66
-1%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(48)
|
(58)
|
(61)
|
(55)
|
(25)
|
(16)
|
(3)
|
(3)
|
(15)
|
(27)
|
(24)
|
(26)
|
(22)
|
(26)
|
(34)
|
(34)
|
(33)
|
(35)
|
(32)
|
(33)
|
(42)
|
(31)
|
(22)
|
(20)
|
(14)
|
(29)
|
(77)
|
(77)
|
(76)
|
(61)
|
(14)
|
3
|
34
|
49
|
38
|
17
|
(10)
|
(28)
|
(23)
|
(27)
|
(42)
|
|
Non-Reccuring Items |
(9)
|
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)
|
|
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
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Total Other Income |
(2)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(2)
|
(2)
|
(2)
|
(2)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(3)
|
|
Pre-Tax Income |
(13)
N/A
|
(19)
-45%
|
(10)
+50%
|
(4)
+63%
|
28
N/A
|
39
+38%
|
51
+33%
|
51
-1%
|
40
-21%
|
28
-29%
|
32
+12%
|
30
-5%
|
34
+13%
|
30
-13%
|
24
-21%
|
24
0%
|
24
+0%
|
20
-15%
|
22
+8%
|
21
-2%
|
12
-44%
|
32
+166%
|
42
+30%
|
45
+7%
|
52
+16%
|
33
-36%
|
(15)
N/A
|
(17)
-8%
|
(14)
+16%
|
0
N/A
|
51
+14 172%
|
70
+37%
|
101
+44%
|
116
+14%
|
103
-11%
|
82
-21%
|
54
-33%
|
36
-34%
|
42
+16%
|
38
-8%
|
21
-46%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
0
|
63
|
61
|
63
|
57
|
(2)
|
(3)
|
(3)
|
(1)
|
(1)
|
(2)
|
(2)
|
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
0
|
(0)
|
(0)
|
(0)
|
(1)
|
(0)
|
0
|
0
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(1)
|
(1)
|
(0)
|
0
|
1
|
0
|
(0)
|
|
Income from Continuing Operations |
(13)
|
44
|
52
|
60
|
85
|
36
|
49
|
48
|
39
|
27
|
30
|
28
|
33
|
29
|
23
|
23
|
23
|
20
|
21
|
21
|
12
|
32
|
41
|
44
|
51
|
33
|
(15)
|
(16)
|
(15)
|
(1)
|
50
|
69
|
101
|
114
|
101
|
81
|
54
|
36
|
42
|
38
|
20
|
|
Income to Minority Interest |
1
|
2
|
1
|
1
|
(0)
|
(0)
|
0
|
1
|
(1)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
|
Net Income (Common) |
(12)
N/A
|
46
N/A
|
53
+16%
|
61
+15%
|
85
+40%
|
36
-58%
|
49
+35%
|
48
-1%
|
38
-21%
|
26
-31%
|
30
+12%
|
28
-6%
|
33
+17%
|
28
-13%
|
23
-19%
|
23
+1%
|
23
-1%
|
20
-14%
|
21
+6%
|
20
-3%
|
12
-41%
|
31
+160%
|
41
+31%
|
44
+8%
|
51
+16%
|
33
-36%
|
(15)
N/A
|
(16)
-6%
|
(15)
+7%
|
(1)
+96%
|
50
N/A
|
68
+38%
|
100
+46%
|
113
+13%
|
101
-11%
|
80
-20%
|
54
-33%
|
36
-33%
|
42
+16%
|
38
-9%
|
20
-47%
|
|
EPS (Diluted) |
-0.09
N/A
|
0.49
N/A
|
0.57
+16%
|
0.66
+16%
|
0.92
+39%
|
0.38
-59%
|
0.52
+37%
|
0.52
N/A
|
0.41
-21%
|
0.28
-32%
|
0.31
+11%
|
0.29
-6%
|
0.33
+14%
|
0.27
-18%
|
0.24
-11%
|
0.23
-4%
|
0.23
N/A
|
0.19
-17%
|
0.2
+5%
|
0.2
N/A
|
0.12
-40%
|
0.31
+158%
|
0.4
+29%
|
0.43
+7%
|
0.5
+16%
|
0.32
-36%
|
-0.15
N/A
|
-0.16
-7%
|
-0.15
+6%
|
-0.01
+93%
|
0.49
N/A
|
0.67
+37%
|
0.98
+46%
|
1.11
+13%
|
0.99
-11%
|
0.79
-20%
|
0.53
-33%
|
0.32
-40%
|
0.37
+16%
|
0.36
-3%
|
0.18
-50%
|