Investor Presentaiton
Statement of Profit or Loss (Qtr-on-Qtr)
mapletree
industrial
2QFY23/24
(S$'000)
1QFY23/24
(S$'000)
↑/(↓)
Gross revenue
Property operating expenses
Net property income
Borrowing costs
Trust expenses
174,118
170,628
2.0%
(45,558)
(39,784)
14.5%
128,560
130,844
(1.7%)
(26,292)
(26,426)
(0.5%)
(16,071)
(16,355)
(1.7%)
Share of joint venture's results
9,515
9,090
4.7%
Profit for the period before tax
95,712
97,153
(1.5%)
Income tax expense
(2,289)
(3,112)
(26.4%)
Profit for the period
93,423
94,041
(0.7%)
Profit attributable to perpetual securities holders
2,382
2,356
1.1%
Loss attributable to non-controlling interest
(13)
Profit attributable to Unitholders
91,054
91,685
(0.7%)
Net non-tax chargeable items¹
(5,155)
(6,847)
(24.7%)
Distribution declared by joint venture
Amount available for distribution to Unitholders
Distribution to Unitholders
Distribution per Unit (cents)
* Not meaningful
8,450
5,040
67.7%
94,3494,5
89,878
5.0%
94,0724,5
3.324,5
93,7422,3
3.392, 3
0.4%
(2.1%)
1
Non-tax chargeable items and other adjustments include share of joint venture's results, adjustments for rental incentives, income tax expense, management fees
paid/payable in units, trustee's fees, financing related costs and other adjustments.
2
Includes the distribution of net divestment gain of S$15.7 million from 26A Ayer Rajah Crescent over eight quarters from 2QFY21/22 to 1QFY23/24.
3
4
5
Includes the distribution of tax-exempt income of S$6.6 million withheld in 4QFY19/20 over three quarters from 3QFY22/23 to 1QFY23/24.
Includes the distribution of compensation received for compulsory acquisition of part of the land at 2 and 4 Loyang Lane of S$2.1 million, which was withheld in 3QFY21/22,
over two quarters from 2QFY23/24 to 3QFY23/24. Please refer to the Financial Statement and Distribution Announcement for the period from 1 Oct 2021 to 31 Dec 2021.
Includes the distribution of net divestment gain of S$4.2 million from 65 Tech Park Crescent over two quarters from 2QFY23/24 to 3QFY23/24. 65 Tech Park Crescent was
divested on 20 Jul 2017.
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