Picton Property Income Limited Annual Report 2022

Additional Information

Five year financial summary

2022

2021

2020

2019

2018

Income statements Net property income Administrative expenses Exceptional costs

35.4

33.5 33.6 38.3 38.5

(5.7)

(5.4)

(5.6)

(5.6) (0.2)

(5.3) (0.3)

29.7

28.1 28.0 32.5 32.9

(8.5)

Net finance costs

(8.0)

(8.2)

(9.1)

(9.7)

Income profit before tax

21.2

20.1 19.8 23.4 23.2

Tax

0.1

(0.5)

(0.5)

Income profit

21.2 129.8

20.1 19.9 22.9 22.7

Property gains and losses

13.7

2.6 11.3 41.5

0.4 (4.0)

Revaluation of owner-occupied property

– –

– –

– –

Debt prepayment fee

(3.2)

Profit/loss after tax Dividends paid

147.4 18.4

33.8 22.5 31.0 64.2 15.0 19.0 18.9 18.5

2022

2021

2020

2019

2018

Balance Sheets Investment properties

830.0 (216.8) 43.9

665.4 654.5 676.1 670.7

Borrowings

(166.2)

(167.5)

(194.7)

(214.0)

Other assets and liabilities

29.0 22.3 18.0 30.7

Net assets

657.1

528.2 509.3 499.4 487.4

120 120 27.0 3.4 115 98.3

Net asset value per share (pence) EPRA net tangible asset per share (pence)

97 97 6.2 2.8

93 93 4.1 3.5

93 93

90 90

Earnings per share (pence) Dividends per share (pence)

5.7 11.9

3.5

3.4

Dividend cover (%) Share price (pence)

134 105 122 122 85.8 89.0 89.2 84.3

All figures are in £ million unless otherwise stated.

Picton Property Income Limited Annual Report 2022

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