Abacus Group (ASX:ABG) Other Income (Expense) : A$-477.57 Mil (TTM As of Dec. 2023)

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What is Abacus Group Other Income (Expense)?

Abacus Group's other income expense for the Abacus Group's pretax income for the six months ended in Dec. 2023 was A$-152.19 Mil. Its other income expense for the trailing twelve months (TTM) ended in Dec. 2023 was A$-477.57 Mil.

Abacus Group Other Income (Expense) Historical Data

The historical data trend for Abacus Group's Other Income (Expense) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Abacus Group Other Income (Expense) Chart

Abacus Group Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Other Income (Expense)

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100.91

-27.89

270.39

415.26

-290.49

Abacus Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Other Income (Expense)	Get a 7-Day Free Trial															274.27	140.99	34.90	-325.38	-152.19

Abacus Group Other Income (Expense) Calculation

Other income expense includes minority interest. Minority interest is a significant but non-controlling ownership of less than 50% of a company's voting shares by either an investor or another company.

Other Income (Expense) for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$-477.57 Mil.

Abacus Group (ASX:ABG) Other Income (Expense) Explanation

Minority interest is reported on the consolidated income statement as a share of profit belonging to minority shareholders.

Abacus Group (ASX:ABG) Business Description

Industry

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EZO1:Germany

Address

77 Castlereagh Street, Level 13, Sydney, NSW, AUS, 2000

Website

https://www.abacusproperty.com.au

Abacus Group is primarily focused on storage and office property, with minor interests in other subsectors such as retail property. Its storage business remains an active acquirer and developer of property. Management separated the storage business in mid-2023. We don't view the separation as creating value in itself, however, we view it as a potential catalyst that could prompt the market to recognize latent value in Abacus' assets. However, it will likely take time for the market to get familiar with the two Abacus vehicles and its new structure.