Annex 1: Key figures 2014-2023

Total assets (excl. IFRS 16)

8,956

9,567

9,714

8,285

7,928

7,337

5,084

4,375

3,839

3,667

Equity

6,392

7,298

7,553

6,294

6,022

5,517

3,819

3,045

2,629

2,262

Net debt

2,479

2,180

1,991

1,916

1,825

1,739

1,172

1,237

1,098

1,265

Leverage (%, excl. IFRS 16)

27.7

22.8

20.5

23.1

23.0

23.7

23.1

28.3

28.6

34.5

Portfolio value (€ million, year-end)

Development portfolio

381

225

177

174

194

257

257

135

77

13

Investment portfolio

8,674

9,448

9,540

8,213

7,818

7,024

4,778

4,207

3,726

3,593

Total portfolio

9,055

9,673

9,717

8,387

8,012

7,281

5,035

4,342

3,803

3,605

Units (year-end)

Number of residential units

27,675

27,661

27,570

27,482

27,290

27,809

22,454

22,629

22,599

22,990

Number of parking/garage spaces

10,123

10,425

10,039

9,885

9,716

9,830

9,226

9,094

9,293

9,335

Commercial space (COG, sqm)

44,032

44,323

44,936

44,924

44,631

45,106

38,722

35,406

34,319

36,359

Net rental income (€ million, unless otherwise stated)

Investment portfolio, at start of year

9,448

9,540

8,213

7,818

7,024

4,778

4,207

3,726

3,593

3,655

Time weighted average portfolio

8,934

9,901

8,636

8,050

7,560

5,967

4,473

3,969

3,642

3,613

Net rental income

284

270

260

251

252

210

184

182

176

176

Net rental income (%)

3.2

2.7

3.0

3.1

3.3

3.5

4.1

4.6

4.8

4.9

Result (€ million)

Realised result from letting incl. property sales

208

207

212

191

202

207

138

141

122

110

Realised result from project development

-

-

-

-

-

-

-

1

-

4

Unrealised results

(863)

(218)

1,233

276

653

825

544

391

169

22

Result before tax

(655)

(11)

1,445

467

855

1,032

682

533

291

136

Tax

(1)

(1)

(1)

(1)

(1)

-

-

-

-

-

Derivatives

-

-

-

-

-

-

18

4

25

(4)

- revaluation

-

-

-

-

-

-

6

4

11

(16)

- unwind

-

-

-

-

-

-

12

-

14

12

Revaluation of PPE

(2)

1

-

-

1

2

1

-

-

-

Settlement pre-hedge contracts

1

1

1

1

(6)

-

-

-

-

-

Total comprehensive result

(657)

(10)

1,445

467

849

1,034

701

537

316

132

Return (% of time weighted average equity)

Realised return from letting incl. property sales

3.1

2.6

3.2

3.1

3.6

4.6

4.1

5.1

5.0

4.8

Realised return from project development

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.2

Unrealised return

(12.9)

(2.8)

18.7

4.5

11.4

18.4

16.3

14.2

7.0

1.0

Total operating return

(9.8)

(0.1)

21.9

7.6

15.0

23.0

20.4

19.3

12.0

6.0

Revaluation of derivatives and Other comprehensive income

-

-

0.1

-

(0.1)

-

0.5

0.2

1.0

(0.2)

Total comprehensive return

(9.8)

(0.1)

22.0

7.6

14.9

23.0

20.9

19.5

13.0

5.8

Distribution to participants (€ million, unless otherwise stated)

Opening equity

7,298

7,553

6,294

6,022

5,517

3,819

3,045

2,629

2,262

2,280

Time weighted average equity

6,673

7,842

6,589

6,169

5,708

4,481

3,350

2,766

2,426

2,284

Paid distribution*

199

195

186

195

344

415

206

121

107

100

Distribution as % of time weighted average equity

3.0

2.5

2.8

3.2

6.0

9.3

6.1

4.4

4.4

4.4

Distribution to participants (€ per participation)

Opening equity

204.52

210.40

175.32

167.74

153.69

135.44

118.03

101.93

94.07

92.77

Time weighted average equity

188.34

219.78

183.55

171.85

159.01

158.92

129.88

107.23

100.91

92.93

Paid distribution based on number of participations at start of year*

5.58

5.43

5.19

5.42

9.58

14.72

7.98

4.71

4.43

4.07

Other

Occupancy rate (%, year-end)

99.0

98.6

98.8

97.5

98.4

97.5

97.6

97.8

97.9

96.6