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Financial statements

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Consolidated statement of comprehensive income

All amounts in € thousands, unless otherwise stated

 

Note

2023

2022

Gross rental income

6

57,253

 

54,990

 

Service charge income

6

1,847

 

1,764

 

Other income

 

38

 

64

 

Revenues

  

59,138

 

56,818

      

Service charge expenses

 

(1,878)

 

(2,030)

 

Property operating expenses

7

(7,420)

 

(7,213)

 
   

(9,298)

 

(9,243)

Net rental income

  

49,840

 

47,575

      

Result on disposal of investment property

12

 

(365)

 

1,470

      

Positive fair value adjustment completed investment property

12

21,394

 

65,799

 

Negative fair value adjustment completed investment property

12

(30,878)

 

(5,141)

 

Fair value adjustments on investment property under construction

 

-

 

-

 

Net valuation gain (loss)

  

(9,484)

 

60,658

      
      

Administrative expenses

8

 

(5,235)

 

(5,301)

Result before finance result

  

34,756

 

104,402

      

Finance result

9

1,220

 

(307)

 

Net finance result

  

1,220

 

(307)

      

Result before tax

  

35,976

 

104,095

Income taxes

10

 

-

 

-

Result for the year

  

35,976

 

104,095

      

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

  

35,976

 

104,095

      

Net result attributable to shareholders

  

35,976

 

104,095

Total comprehensive income attributable to shareholders

  

35,976

 

104,095

      
      

Earnings per share (€)

     

From continuing operations

     

Basic

18

 

97

 

281

Diluted

18

 

97

 

281