Consolidated statement of comprehensive income
All amounts in € thousands, unless otherwise stated
Note | 2022 | 2021 | |||
Gross rental income | 6 | 271,232 | 250,405 | ||
Service charge income | 6 | 7,596 | 6,808 | ||
Other income | 513 | 549 | |||
Revenues | 279,341 | 257,762 | |||
Service charge expenses | (8,288) | (7,212) | |||
Property operating expenses | 7 | (79,822) | (64,192) | ||
(88,110) | (71,404) | ||||
Net rental income | 191,231 | 186,358 | |||
Result on disposal of investment property | 12 | (3,443) | - | ||
Positive fair value adjustments completed investment property | 12 | 149,305 | 595,771 | ||
Negative fair value adjustments completed investment property | 12 | (257,362) | (5,203) | ||
Fair value adjustments on investment property under construction | 13 | 2,395 | 30,837 | ||
Net valuation gain (loss) | (105,662) | 621,405 | |||
Administrative expenses | 8 | (40,957) | (37,522) | ||
Result before finance result | 41,169 | 770,241 | |||
Finance expenses | 9 | (4,015) | (4,175) | ||
Net finance result | (4,015) | (4,175) | |||
Result before tax | 37,154 | 766,066 | |||
Income taxes | 10 | (10) | (10) | ||
Result for the year | 37,144 | 766,056 | |||
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 | 37,144 | 766,056 | |||
Net result attributable to shareholders | 37,144 | 766,056 | |||
Total comprehensive income attributable to shareholders | 37,144 | 766,056 | |||
Earnings per share (€) | |||||
From continuing operations | |||||
Basic | 19 | 25 | 532 | ||
Diluted | 19 | 25 | 532 |