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Financial statements

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Consolidated statement of comprehensive income

All amounts in € thousands, unless otherwise stated

 

Note

 

2022

 

2021

Gross rental income

6

58,652

 

50,750

 

Service charge income

6

10,096

 

8,577

 

Other income

 

2,251

 

3,480

 

Revenues

  

70,999

 

62,807

      

Service charge expenses

 

(12,060)

 

(10,610)

 

Property operating expenses

7

(15,116)

 

(12,910)

 
   

(27,176)

 

(23,520)

Net rental income

  

43,823

 

39,287

      

Result on disposal of investment property

  

-

 

-

      

Positive fair value adjustment investment property

12

26,928

 

61,187

 

Negative fair value adjustment investment property

12

(103,136)

 

(3,309)

 

Fair value adjustments on investment property under construction

13

-

 

(3,353)

 

Net valuation gain (loss)

  

(76,208)

 

54,525

      

Administrative expenses

8

 

(6,485)

 

(6,299)

Result before finance result

  

(38,870)

 

87,513

      

Finance result

9

(2,464)

 

(2,537)

 

Net finance result

  

(2,464)

 

(2,537)

      

Result before tax

  

(41,334)

 

84,976

Income taxes

10

 

-

 

-

Result for the year

  

(41,334)

 

84,976

      

Items that will not be reclassified subsequently to comprehensive income

  

-

 

-

Items that may be reclassified subsequently to comprehensive income

  

-

 

-

Total comprehensive income for the year, net of tax

  

(41,334)

 

84,976

      

Net result attributable to shareholders

  

(41,334)

 

84,976

Total comprehensive income attributable to shareholders

  

(41,334)

 

84,976

      
      

Earnings per share (€)

     

From continuing operations

     

Basic

  

(104)

 

219

Diluted

  

(104)

 

219