68
CapitaLand Limited
Annual Report 2015
Performance Overview
%
CapitaLand Singapore
21.4
CapitaLand China
28.7
CapitaLand Mall Asia
34.3
The Ascott Limited
14.1
Corporate and Others
1.5
2015 EBIT by SBU
S$2.3 billion
%
Singapore
39.7
China (including Hong Kong) 39.3
Other Asia (excluding
Singapore and China)
13.6
Europe and Others
7.4
2015 EBIT by Geographical Location
S$2.3 billion
%
Residential & Office Strata 22.3
Commercial & Integrated
Developments
1
32.8
Malls
30.5
Serviced residences
14.4
2015 EBIT by Asset Class
S$2.3 billion
2
1
Excluding residential component.
2
Excludes others loss of $27.5 million relating to corporate and
unallocated costs which was not reflected in the chart.
%
Singapore
39.8
Europe developed
markets
1
, USA & Australia 8.0
Japan, Korea & Hong Kong 5.1
China
38.8
Other Asia
2
8.3
2015 EBITDA by Geographical Location
S$2.4 billion
1
Include UK, France, Germany, Spain and Belgium.
2
Exclude Singapore, China, Japan, Korea and Hong Kong.
1
Realised revaluation gains relate to divestments of serviced residences
and Bedok Mall.
PATMI Analysis
Overall, the Group achieved a PATMI of S$1.1 billion in
FY 2015, which was 8.2% lower than FY 2014 PATMI of
S$1.2 billion. Excluding revaluation gains and impairments
as well as por tfolio gains, the operating PATMI of
S$823.6 million was 16.8% higher than FY 2014, primarily
due to higher recurring income from the shopping mall
and serviced residence businesses as well as gains on
the change in use of development properties for sale to
investment properties. Operating PATMI accounted for
77.3% of total PATMI in FY 2015, reflecting the strength of
the Group’s underlying businesses.
The analysis of the Group’s PATMI is shown as follows:
823.6
77%
407.5
38%
28.1
3%
(193.5)
(18%)
1,065.7
Operating
Profits
Revaluation
Gains
Portfolio
Gains
Impairments PATMI
FY 2015 PATMI
(S$ million)
Fair value gain arising from change in use
Realised revaluations
1
653.0
170.6
355.1
52.4
