Consolidated statement of profit or loss and other comprehensive income
For the year ended 31 December 2021; amounts in € million
Note | 2021 | 2020 | |
Gross rental income | 5 | 347 | 335 |
Service charges income | 6 | 12 | 10 |
Other income | 1 | - | |
Revenues | 360 | 345 | |
Property operating expenses (excluding service charges) | 7 | (84) | (79) |
Service charges | 6 | (16) | (15) |
Net rental income | 260 | 251 | |
Result on property sales | 8 | 16 | 7 |
Management expenses | 9 | (25) | (26) |
Financial results | 10 | (39) | (41) |
Realised result before tax | 212 | 191 | |
Unrealised result | 11 | 1,233 | 276 |
Result before tax | 1,445 | 467 | |
Tax | 12 | (1) | (1) |
Result after tax (attributable to equity holders of the parent/participants) | 1,444 | 466 | |
Other comprehensive income that will be reclassified subsequently to profit or loss | |||
- Settlement pre-hedge contracts | 1 | 1 | |
- Revaluation of PPE | - | - | |
Other comprehensive income, net of tax | 13 | 1 | 1 |
Total comprehensive income (attributable to equity holders of the parent) | 1,445 | 467 | |
Earnings per participation right in € | |||
Basic and diluted earnings, on result after tax | 20 | 40.23 | 12.98 |
Comprehensive income per participation right in € | |||
Basic and diluted earnings, on total comprehensive income | 40.25 | 13.02 |