FRU — Freehold Royalties Income Statement

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Annual income statement for Freehold Royalties, fiscal year end - December 31st, CAD millions except per share, conversion factor applied.

	2020 December 31st	2021 December 31st	2022 December 31st	2023 December 31st	2024 December 31st
Period Length:	12 M	12 M	12 M	12 M	12 M
Source:	ARS	ARS	ARS	ARS	ARS
Standards:	IFRS	IFRS	IFRS	IFRS	IFRS
Status:	Final	Final	Final	Final	Final
Revenue
Total Revenue	90	206	393	315	309
Cost of Revenue
Gross Profit	87.9	206	383	305	299
Selling / General / Administrative Expenses
Depreciation and Amortization
Unusual Expense / Income
Other Operating Expenses
Total Operating Expenses	104	108	135	125	131
Operating Profit	-13.8	98.5	258	189	178
Total Net Non Operating Interest Income / Expense
Other Net Non Operating Costs
Net Income Before Taxes	-17.1	94.8	269	172	191
Provision for Income Taxes
Net Income After Taxes	-13.9	72.1	209	132	149
Net Income Before Extraordinary Items
Net Income	-13.9	72.1	209	132	149
Income Available to Common Shareholders Excluding Extraordinary Items
Income Available to Common Shareholders Including Extraordinary Items
Diluted Net Income	-13.9	72.1	209	132	149
Diluted Weighted Average Shares
Basic EPS Including Extraordinary Items
Diluted EPS Including Extraordinary Items
Diluted EPS Excluding Extraordinary Items
Normalised Income Before Taxes
Normalised Income After Taxes
Normalised Income Available to Common Shareholders
Diluted Normalised EPS	-0.065	0.526	1.39	0.872	0.983
Dividends per Share