Consolidated statement of profit or loss and other comprehensive income
For the year ended 31 December 2022; amounts in € million
Note | 2022 | 2021 | |
Gross rental income | 5 | 363 | 347 |
Service charges income | 6 | 11 | 12 |
Other income | 1 | 1 | |
Revenues | 375 | 360 | |
Property operating expenses (excluding service charges) | 7 | (89) | (84) |
Service charges | 6 | (16) | (16) |
Net rental income | 270 | 260 | |
Result on property sales | 8 | 6 | 16 |
Management expenses | 9 | (27) | (25) |
Financial results | 10 | (42) | (39) |
Realised result before tax | 207 | 212 | |
Unrealised result | 11 | (218) | 1,233 |
Result before tax | (11) | 1,445 | |
Tax | 12 | (1) | (1) |
Result after tax (attributable to equity holders of the parent/participants) | (12) | 1,444 | |
Other comprehensive income that will be reclassified subsequently to profit or loss | |||
- Settlement pre-hedge contracts | 1 | 1 | |
- Revaluation of PPE | 1 | - | |
Other comprehensive income, net of tax | 13 | 2 | 1 |
Total comprehensive income (attributable to equity holders of the parent) | (10) | 1,445 | |
Earnings per participation right in € | |||
Basic and diluted earnings, on result after tax | 21 | (0.34) | 40.23 |
Comprehensive income per participation right in € | |||
Basic and diluted earnings, on total comprehensive income | (0.28) | 40.25 |