Consolidated income statement

 

in thousands €31.03.202131.03.2020 2020201920182017
Rental income15.97014.701 61.30366.14347.92043.349
Rental-related expenses-328 -51-166-53-4
NET RENTAL INCOME15.93814.709 61.25265.97747.86743.345
Recovery of property charges 185156 752707729881
Recovery of rental charges and taxes normally payable by tenants on let properties7.5317.544 13.64313.4629.91912.864
Costs payable by tenants and borne by the landlord for rental damage and refurbishment -127-300 -698-774-529-375
Rental charges and taxes normally payable by tenants on let properties-7.531-7.544 -13.623-13.462-9.919-12.864
Other rental-related income and expenses9293 4601.198606117
PROPERTY RESULT16.08814.658 61.78667.10848.67343.968
Technical costs -315-264 -876-939-1.059-1.325
Commercial costs-145-114 -318-334-166-252
Charges and taxes on unlet properties-264-210 -892-672-587-634
Property management costs  -1.343-1.227 -5.281-4.800-4.019-3.544
Other property charges -725-591 -1.162-784-563-407
Property charges-2.792-2.406 -8.529-7.529-6.394-6.162
OPERATING PROPERTY RESULT13.29612.252 53.25759.57942.27937.806
General costs -1.404-1.340 -4.085-3.777-2.749-2.722
Other operating income and costs -80-46 -2548924-7
OPERATING RESULT BEFORE RESULT ON PORTFOLIO11.81210.866 48.91855.89139.55435.077
Result on disposals of investment properties0-16 1.6705.36400
Changes in fair value of investment properties22.3857.151 15.45422.3077.033-7.274
Other result on portfolio-3.407-1.625 -9.083-5.661-2.472-89
OPERATING RESULT30.79016.376 56.95977.90144.11527.714
Financial income 110 677745161
Net interest charges-2.022-1.873 -7.955-8.543-8.039-7.621
Other financial charges -7-7 -36-35-11-7
Changes in fair value of financial assets and liabilities (ineffective hedges)1.532-1.160 -2.311-3.065-1.6151.119
Financial result-496-3.030 -10.235-11.566-9.620-6.348
RESULT BEFORE TAXES30.29413.346 46.72466.33534.49521.366
Taxes-156-92 -664-587-390-180
NET RESULT30.13813.254 46.06065.74834.10521.186
Minority interests138-4 2.629-17-90
        
NET RESULT - Group share30.00013.258 43.43165.76534.11421.186
Exclude:       
- Result on disposals of investment properties0-16 1.6705.36400
- Changes in fair value of investment properties22.3857.151 15.45422.3077.033-7.274
- Other result on portfolio-3.407-1.625 -9.083-5.661-2.472-89
 - Changes in fair value of financial assets and liabilities1.532-1.160 -2.311-3.065-1.6151.119
- Minority interests regarding the above-1630 -2.654000
EPRA earnings9.6538.908 40.35546.82031.16827.430
RESULT PER SHARE - Group31.03.202131.03.2020 2020201920182017
Number of shares entitled to dividend25.500.67224.657.003 25.500.67224.657.00324.288.99717.740.407
Weighted average number of shares25.500.67224.657.003 25.164.12624.516.85819.176.98117.409.850
Net result (€)1,180,54 1,732,681,781,22
Diluted net result (€)1,180,54 1,732,681,781,22
EPRA earnings (€)0,380,36 1,601,911,631,58