Below are the financial statements of SmartCentres, 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 millions of CAD | 2024 | 2023 |
|---|---|---|
| Rentals from investment properties and other | 918.36a | 834.58a |
| Property operating costs and other | -370.85a | -321.02a |
| Net rental income and other | 547.51a | 513.56a |
| Other income and expenses | — | — |
| General and administrative expense, net | -37.67a | -36.37a |
| Earnings from equity accounted investments | 20.59a | 75.17a |
| Fair value adjustment on investment properties | -69.67a | 91.45a |
| Gain (loss) on sale of investment properties | -0.12a | 0.04a |
| Interest expense | -183.1a | -163.74a |
| Interest income | 14.1a | 19.65a |
| Fair value adjustment on financial instruments | 0.44a | 10.34a |
| Net income and comprehensive income | 292.07a | 510.1a |
| Net income and comprehensive income attributable to | — | — |
| Trust units | 236.76a | 413.7a |
| Non-controlling interests | 55.32a | 96.4a |
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