RECI — Real Estate Credit Investments Income Statement

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Annual income statement for Real Estate Credit Investments, fiscal year end - March 31st, GBP millions except per share, conversion factor applied.

	2021 March 31st	2022 March 31st	2023 March 31st	2024 March 31st	2025 March 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	45.3	32.4	30.7	31.4	34.2
Cost of Revenue
Gross Profit	41	28	26.4	27.2	30.1
Selling / General / Administrative Expenses
Research And Development
Other Operating Expenses
Total Operating Expenses	5.84	5.84	6.14	5.99	6.6
Operating Profit	39.5	26.5	24.5	25.4	27.6
Other Net Non Operating Costs
Net Income Before Taxes	37.2	24.6	20.6	21.9	22.8
Net Income After Taxes	37.2	24.6	20.6	21.9	22.8
Net Income Before Extraordinary Items
Net Income	37.2	24.6	20.6	21.9	22.8
Income Available to Common Shareholders Excluding Extraordinary Items
Income Available to Common Shareholders Including Extraordinary Items
Diluted Net Income	37.2	24.6	20.6	21.9	22.8
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	0.162	0.107	0.09	0.096	0.102
Dividends per Share