Annex 1: Key figures 2015-2024

Statement of financial position (€ million, unless otherwise stated, year-end)

Total assets (excl. IFRS 16)

9,902

8,956

9,567

9,714

8,285

7,928

7,337

5,084

4,375

3,839

Equity

7,271

6,392

7,298

7,553

6,294

6,022

5,517

3,819

3,045

2,629

Net debt

2,539

2,479

2,180

1,991

1,916

1,825

1,739

1,172

1,237

1,098

Leverage (%, excl. IFRS 16)

25.6

27.7

22.8

20.5

23.1

23.0

23.7

23.1

28.3

28.6

Portfolio value (€ million, year-end)

Development portfolio

174

381

225

177

174

194

257

257

135

77

Investment portfolio

9,808

8,674

9,448

9,540

8,213

7,818

7,024

4,778

4,207

3,726

Total portfolio

9,982

9,055

9,673

9,717

8,387

8,012

7,281

5,035

4,342

3,803

Units (year-end)

Number of residential units

28,069

27,675

27,661

27,570

27,482

27,290

27,809

22,454

22,629

22,599

Number of parking/garage spaces

10,469

10,123

10,425

10,039

9,885

9,716

9,830

9,226

9,094

9,293

Commercial space (COG, sqm)

46,988

44,032

44,323

44,936

44,924

44,631

45,106

38,722

35,406

34,319

Net rental income (€ million, unless otherwise stated)

Investment portfolio, at start of year

8,674

9,448

9,540

8,213

7,818

7,024

4,778

4,207

3,726

3,593

Time weighted average portfolio

9,168

8,934

9,901

8,636

8,050

7,560

5,967

4,473

3,969

3,642

Net rental income

289

284

270

260

251

252

210

184

182

176

Net rental income (%)

3.2

3.2

2.7

3.0

3.1

3.3

3.5

4.1

4.6

4.8

Result (€ million)

Realised result from letting incl. property sales

237

208

207

212

191

202

207

138

141

122

Realised result from project development

-

-

-

-

-

-

-

-

1

-

Unrealised results

891

(863)

(218)

1,233

276

653

825

544

391

169

Result before tax

1,128

(655)

(11)

1,445

467

855

1,032

682

533

291

Tax

(1)

(1)

(1)

(1)

(1)

(1)

-

-

-

-

Derivatives

-

-

-

-

-

-

-

18

4

25

- revaluation

-

-

-

-

-

-

-

6

4

11

- unwind

-

-

-

-

-

-

-

12

-

14

Revaluation of PPE

1

(2)

1

-

-

1

2

1

-

-

Settlement pre-hedge contracts

1

1

1

1

1

(6)

-

-

-

-

Total comprehensive result

1,129

(657)

(10)

1,445

467

849

1,034

701

537

316

Return (% of time weighted average equity)

Realised return from letting incl. property sales

3.5

3.1

2.6

3.2

3.1

3.6

4.6

4.1

5.1

5.0

Realised return from project development

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

Unrealised return

13.4

(12.9)

(2.8)

18.7

4.5

11.4

18.4

16.3

14.2

7.0

Total operating return

16.9

(9.8)

(0.1)

21.9

7.6

15.0

23.0

20.4

19.3

12.0

Revaluation of derivatives and Other comprehensive income

-

-

-

0.1

-

(0.1)

-

0.5

0.2

1.0

Total comprehensive return

16.9

(9.8)

(0.1)

22.0

7.6

14.9

23.0

20.9

19.5

13.0

Distribution to participants (€ million, unless otherwise stated)

Opening equity

6,392

7,298

7,553

6,294

6,022

5,517

3,819

3,045

2,629

2,262

Time weighted average equity

6,670

6,673

7,842

6,589

6,169

5,708

4,481

3,350

2,766

2,426

Paid distribution*

200

199

195

186

195

344

415

206

121

107

Distribution as % of time weighted average equity

3.0

3.0

2.5

2.8

3.2

6.0

9.3

6.1

4.4

4.4

Distribution to participants (€ per participation)

Opening equity

180.40

204.52

210.40

175.32

167.74

153.69

135.44

118.03

101.93

94.07

Time weighted average equity

189.69

188.34

219.78

183.55

171.85

159.01

158.92

129.88

107.23

100.91

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

5.64

5.58

5.43

5.19

5.42

9.58

14.72

7.98

4.71

4.43

Other

Occupancy rate (%, year-end)

98.0

99.0

98.6

98.8

97.5

98.4

97.5

97.6

97.8

97.9