Consolidated statement of profit or loss and other comprehensive income in accordance with INREV valuation principles

(Amounts in € million)

 

2018
IFRS

Adj.

2018
INREV

2017
IFRS

Adj.

2017
INREV

Gross rental income

281

 

281

247

 

247

Service charge income

10

 

10

10

 

10

Property operating expenses (excluding service charges)

(65)

 

(65)

(57)

 

(57)

Service charges

(16)

 

(16)

(16)

 

(16)

Net rental income

210

 

210

184

 

184

       

Result on disposals

44

 

44

13

 

13

Management expenses

(18)

 

(18)

(16)

 

(16)

Financial results

(29)

 

(29)

(43)

 

(43)

Realised result before tax

207

 

207

139

 

139

       

Unrealised result

825

 

825

544

 

544

       

Result before tax

1,032

 

1,032

682

 

682

       

Tax

-

 

-

-

 

-

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

1,032

 

1,032

682

 

682

       

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

      

- Unwind transaction derivatives

-

 

-

12

 

12

- Positive revaluation derivatives

-

 

-

6

 

6

Positive revaluation on Property, Plant and Equipment

2

 

2

1

 

1

Fair value adjustment on liabilities

-

39

39

-

(2)

(2)

Acquisition costs on Investment property (under construction)

-

27

27

-

2

2

Other comprehensive income, net of tax

2

 

68

19

 

19

       

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

1,034

 

1,100

701

 

701