Consolidated statement of financial position¹

For the year ended 31 December 2024; amounts in € million

	Notes	31-12-2024	31-12-2023
ASSETS
Non-current assets
Intangible fixed assets	14	3	5
Investment property	15	9,808	8,674
Investment property under construction	16	174	381
Property, plant and equipment	17	19	18
Financial assets	18	1	1
Total non-current assets		10,005	9,079

Current assets
Trade and other receivables	19	4	3
Cash and cash equivalents	20	1	4
Total current assets		5	7

Total assets		10,010	9,086

EQUITY AND LIABILITIES
Equity
Group equity	21	7,271	6,392

Non-current liabilities
Financial liabilities	22	2,526	2,133
Lease liabilities	23	87	129
Total non-current liabilities		2,613	2,262

Current liabilities
Financial liabilities	22	-	338
Provisions	24	9	8
Trade and other payables	25	96	85
Lease liabilities	23	21	1
Total current liabilities		126	432

Total liabilities		2,739	2,694

Total equity and liabilities		10,010	9,086

Net Asset Value (NAV) per participation right² in €
Basic IFRS NAV	21	206.51	179.77

^{1 This table contains a reconciliation between IFRS reported and certain non-GAAP measures.
2 Net Asset Value (NAV) per participation right is a non-GAAP measure. The NAV per participation right is calculated by the NAV divided by the weighted average number of participation rights.}