Consolidated statement of comprehensive income

All amounts in € thousands, unless otherwise stated

Consolidated statement of financial position

Before appropriation of result, all amounts in € thousands

Consolidated statement of changes in equity

For 2023, before appropriation of profit, all amounts in € thousands

Consolidated statement of cash flows

All amounts in € thousands

Notes to the consolidated financial statements

All amounts in € thousands, unless otherwise stated

1 General information

The Residential Fund (Chamber of Commerce number 34366452) is a public limited liability company incorporated under the laws of the Netherlands, with its corporate seat in Amsterdam, the Netherlands.

2 Summary of material accounting policies

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied unless otherwise stated.

3 Financial risk management

The credit risk relating to the receivables is maximised to € 1.3 million in 2023 (2022: € 1.4 million) and the receivables are closely monitored.

4 Critical accounting estimates and judgements

5 Core regions

A spread by core regions is applied in the analysis of the valuation of the investment property portfolio.