Full Year Statutory Accounts
Stock | Charter Hall Long Wale REIT (CLW.ASX) |
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Release Time | 6 Aug 2025, 8:17 a.m. |
Price Sensitive | Yes |
Charter Hall Long WALE REIT Reports Full Year Statutory Accounts
- Statutory profit of $118.3 million for the year ended 30 June 2025
- Operating earnings of $178.6 million (25.0 cents per stapled security)
- Distribution of $178.1 million (25.0 cents per stapled security) declared
Charter Hall Long WALE REIT (CLW or the REIT) recorded a statutory profit of $118.3 million for the year ended 30 June 2025, compared to a loss of $510.9 million in the prior year. Operating earnings amounted to $178.6 million (25.0 cents per stapled security) for the year ended 30 June 2025, compared to $188.0 million (26.0 cents per stapled security) in the prior year. A distribution of $178.1 million (25.0 cents per stapled security) was declared for the same period, compared to $188.0 million (26.0 cents per stapled security) in the prior year. The REIT's statutory accounting profit includes various unrealised, non-cash and other items, such as net fair value movements on investment properties, derivative financial instruments, and investments, as well as straight-lining of rental income, amortisation of lease fees and incentives, acquisition and disposal related costs, foreign exchange losses, and other non-operating items. During the year, the REIT acquired two assets for a total of $11.5 million and disposed of three assets for a total of $347.3 million. The uncertainty of the current geopolitical events and the outlook for consumer price inflation and interest rates in Australia may have an impact on the future performance of the portfolio, but the REIT benefits from its inflation-linked revenue streams and the interest rate hedging in place.