Consolidated statement of comprehensive income in accordance with INREV valuation principles

(Amounts in € million)

 

2016
IFRS

Adj.

2016
INREV

2015
IFRS

Adj.

2015
INREV

Gross rental income

242

 

242

237

 

237

Service charge income

10

 

10

10

 

10

Property operating expenses (excluding service charges)

(55)

 

(55)

(53)

 

(53)

Service charges

(15)

 

(15)

(17)

 

(17)

Other income

-

 

-

(1)

 

(1)

Net rental income

182

 

182

176

 

176

       

Result on projects in progress

1

 

1

-

 

-

Result on disposals

14

 

14

14

 

14

Management expenses

(22)

 

(22)

(16)

 

(16)

Financial results

(33)

 

(33)

(52)

 

(52)

Realised result before tax

142

 

142

122

 

122

       

Unrealised result

391

 

391

169

 

169

       

Result before tax

533

 

533

291

 

291

       

Tax

-

 

-

-

 

-

Result after tax (attributable to equity holders of the parent)

533

 

533

291

 

291

       

Other comprehensive income that will be reclassified subsequently to profit or loss

      

- Unwind transaction derivatives

-

 

-

14

 

14

- Positive revaluation derivatives

4

 

4

11

 

11

Fair value adjustment on liabilities

-

(29)

(29)

-

3

3

Other comprehensive income, net of tax

4

 

(25)

25

 

28

       

Total comprehensive income (attributable to equity holders of the parent)

537

 

508

316

 

319