CapitaLand Integrated Commercial Trust - Annual Report 2021

FY 2021 TENANTS’ SALES (S$ psf per month) 2021 2020 FY 2021 TENANTS’ SALES (S$ billion) 2021 2020 23.9% 7.8% 6.9% 5.7% 4.0% 0.6% 2.8% 3.6% 0.4% -26.4% -12.1% -8.5% -7.7% -6.5% -4.8% 93.9% to 107.6% Average: 99.4% 60.7% to 118.2% Average: 99.6% Suburban Mall Recovery Downtown Mall Recovery 107.6% to 120.6% Average: 113.4% 71.6% to 124.1% Average: 110.3% Suburban Mall Recovery Downtown Mall Recovery Performance of Tenants’ Sales by Trade Categories We observed a recovery across most trade categories with trade categories such as Jewellery & Watches, Education, Services and Home Furnishing registering steady growth year-on-year. Two of the largest contributors to the retail gross rental income – Food & Beverage and Beauty & Health – registered positive growth of 3.6% and 0.4% respectively in FY 2021. The top five retail trade categories, which collectively accounted for more than 68% of FY 2021 retail gross rental income (excluding gross turnover rent), include Food & Beverage, Fashion, Beauty & Health, IT & Telecommunications and Supermarket. These top five retail trade categories registered a 0.1% decline in FY 2021 on a combined basis. YEAR-ON-YEAR VARIANCE OF TENANTS’ SALES S$ PSF PER MONTH 1 Services include convenience stores, bridal shops, optical shops, film processing shops, florists, magazine stores, pet shops, travel agencies, cobblers/locksmiths, laundromats and clinics. 2 Leisure & Entertainment was impacted by the government stipulated restrictions on trading hours and sales of alcohol at nightlife venues like clubs, karaoke joints and bars without food licenses. Jewellery & Watches Education Services 1 Beauty & Health Electrical & Electronics Sporting Goods Departmental Store Supermarket Books & Stationery Fashion Food & Beverages IT & Telecommunications Leisure & Entertainment 2 Home Furnishing Shoes & Bags 100 50 0 4.0 2.0 0 Annual Report 2021 63 Operations Review