Balance sheet (after proposed appropriation of result)
For the year ended 31 December 2024; amounts in € million
Note | 31-12-2024 | 31-12-2023 | |
ASSETS | |||
Non-current assets | |||
Intangible fixed assets | 3 | 3 | 5 |
Investment property | 4 | 9,808 | 8,674 |
Investment property under construction | 5 | 145 | 311 |
Property, plant and equipment | 6 | 18 | 17 |
Financial assets | 7 | 104 | 103 |
10,078 | 9,110 | ||
Current assets | |||
Trade and other receivables | 8 | 2 | 1 |
Cash and cash equivalents | 9 | 1 | 3 |
3 | 4 | ||
Total assets | 10,081 | 9,114 | |
EQUITY AND LIABILITIES | |||
Equity | |||
Fund equity | 10 | 35 | 35 |
General paid in surplus | 10 | 916 | 1,166 |
Property reserve | 10 | 3,535 | 2,726 |
Derivatives reserve | 10 | (2) | (3) |
Legal reserve | 10 | 5 | 4 |
Other reserve | 10 | 2,783 | 2,464 |
7,271 | 6,392 | ||
Provisions | 11 | - | - |
Non-current liabilities | |||
Payables to associated companies | 12 | 2,526 | 2,133 |
Lease liabilities | 108 | 130 | |
2,634 | 2,263 | ||
Current liabilities | |||
Payables to associated companies | 13 | 84 | 378 |
Trade and other payables | 14 | 92 | 81 |
176 | 459 | ||
Total liabilities | 2,810 | 2,722 | |
Total equity and liabilities | 10,081 | 9,114 |