Consolidated statement of comprehensive income
All amounts in € thousands, unless otherwise stated
Note | 2023 | 2022 | |||
Gross rental income | 6 | 289,977 | 271,232 | ||
Service charge income | 6 | 10,136 | 7,596 | ||
Other income | 543 | 513 | |||
Revenues | 300,655 | 279,341 | |||
Service charge expenses | (10,190) | (8,288) | |||
Property operating expenses | 7 | (83,828) | (79,822) | ||
(94,018) | (88,110) | ||||
Net rental income | 206,637 | 191,231 | |||
Result on disposal of investment property | 12 | (11,734) | (3,443) | ||
Positive fair value adjustments completed investment property | 12 | 26,028 | 149,305 | ||
Negative fair value adjustments completed investment property | 12 | (652,361) | (257,362) | ||
Fair value adjustments on investment property under construction | 13 | (9,695) | 2,395 | ||
Net valuation gain (loss) | (636,028) | (105,662) | |||
Administrative expenses | 8 | (35,188) | (40,957) | ||
Result before finance result | (476,313) | 41,169 | |||
Finance expenses | 9 | (396) | (4,015) | ||
Net finance result | (396) | (4,015) | |||
Result before tax | (476,709) | 37,154 | |||
Income taxes | 10 | (30) | (10) | ||
Result for the year | (476,739) | 37,144 | |||
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 | (476,739) | 37,144 | |||
Net result attributable to shareholders | (476,739) | 37,144 | |||
Total comprehensive income attributable to shareholders | (476,739) | 37,144 | |||
Earnings per share (€) | |||||
From continuing operations | |||||
Basic | 19 | (327) | 25 | ||
Diluted | 19 | (327) | 25 |