Colombo Land and Development Company PLC (COSE:CLND.N0000)

COSE:CLND.N0000 Income Statement

Financials in millions LKR. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Rental Revenue	442.76	376.78	339.16	335.22	438.41
Total Revenue	442.76	376.78	339.16	335.22	438.41
Revenue Growth (YoY	17.51%	11.09%	1.18%	-23.54%	-8.06%
Property Expenses	157.61	156.34	111.39	102.8	108.49
Selling, General & Administrative	141.84	108.02	111.49	109.21	125.09
Total Operating Expenses	299.44	264.36	222.88	212.02	233.58
Operating Income	143.31	112.42	116.28	123.2	204.83
Interest Expense	-199.15	-305.78	-291.92	-194.67	-230.89
Interest & Investment Income	-	6.26	9.29	3.13	1.38
Other Non-Operating Income	23.97	0.21	0.82	-10.88	-0.71
EBT Excluding Unusual Items	-31.87	-186.89	-165.54	-79.22	-25.39
Gain (Loss) on Sale of Assets	-	28.31	46.55	2.26	0.05
Asset Writedown	396.93	587.62	153.11	138.59	200.86
Pretax Income	365.06	429.04	34.12	61.62	175.53
Income Tax Expense	269.79	108.21	765.26	-562.34	116.32
Earnings From Continuing Operations	95.28	320.83	-731.13	623.96	59.21
Minority Interest in Earnings	0.01	0.01	0.01	0.01	0.02
Net Income	95.28	320.84	-731.13	623.97	59.23
Net Income to Common	95.28	320.84	-731.13	623.97	59.23
Net Income Growth	-70.30%	-	-	953.53%	-82.19%
Basic Shares Outstanding	199	200	200	200	200
Diluted Shares Outstanding	199	200	200	200	200
Shares Change (YoY)	-0.69%	-	-	-	-
EPS (Basic)	0.48	1.61	-3.66	3.12	0.30
EPS (Diluted)	0.48	1.61	-3.66	3.12	0.30
EPS Growth	-70.10%	-	-	953.54%	-82.19%
Operating Margin	32.37%	29.84%	34.28%	36.75%	46.72%
Profit Margin	21.52%	85.15%	-215.57%	186.14%	13.51%
EBITDA	147.91	116.79	133.95	130.97	211.08
EBITDA Margin	33.41%	31.00%	39.50%	39.07%	48.15%
D&A For Ebitda	4.6	4.37	17.67	7.77	6.25
EBIT	143.31	112.42	116.28	123.2	204.83
EBIT Margin	32.37%	29.84%	34.28%	36.75%	46.72%
Effective Tax Rate	73.90%	25.22%	2242.54%	-	66.27%

Updated Feb 27, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.