Below are the financial statements of Ayala Land Inc, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in billions of PHP | 2024 | 2023 | 2022 |
|---|---|---|---|
| Income | — | — | — |
| Real estate revenue | 176.53a | 145.5a | 123.05a |
| Equity in net earnings of associates and joint ventures | 2.03a | 1.58a | 1.43a |
| Interest and investment income | 0.84a | 0.69a | 0.39a |
| Other income | 1.33a | 1.09a | 1.69a |
| Costs and expenses | — | — | — |
| Cost of real estate sales | -110.21a | -87.14a | -75.63a |
| General and administrative expenses | -9.22a | -8.91a | -7.26a |
| Interest and other financing charges | -15.85a | -13.5a | -11.45a |
| Other expenses | -2.69a | -2.85a | -4a |
| Income before income tax | 42.77a | 36.46a | 28.22a |
| Income tax expense | -8.53a | -7.46a | -5.7a |
| Current tax expense | -5.86a | -7.41a | -6.94a |
| Deferred tax expense (benefit) | -2.68a | -0.05a | -1.25a |
| Net income for the year | 34.24a | 29a | 22.52a |
| Net income attributable to | — | — | — |
| Equity holders of Ayala Land, Inc. | 28.23a | 24.51a | 18.62a |
| Non-controlling interest | 6a | 4.5a | 3.91a |
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