Annex 1: Key figures 2016-2025
|
2025 |
2024 |
2023 |
2022 |
2021 |
2020 |
2019 |
2018 |
2017 |
2016 |
|
|
Statement of financial position (€ million, unless otherwise stated, year-end) |
||||||||||
|
Total assets (excl. IFRS 16) |
10,532 |
9,902 |
8,956 |
9,567 |
9,714 |
8,285 |
7,928 |
7,337 |
5,084 |
4,375 |
|
Equity |
7,844 |
7,271 |
6,392 |
7,298 |
7,553 |
6,294 |
6,022 |
5,517 |
3,819 |
3,045 |
|
Net debt |
2,536 |
2,539 |
2,479 |
2,180 |
1,991 |
1,916 |
1,825 |
1,739 |
1,172 |
1,237 |
|
Leverage (%, excl. IFRS 16) |
24.1 |
25.6 |
27.7 |
22.8 |
20.5 |
23.1 |
23.0 |
23.7 |
23.1 |
28.3 |
|
Portfolio value (€ million, year-end) |
||||||||||
|
Development portfolio |
25 |
174 |
381 |
225 |
177 |
174 |
194 |
257 |
257 |
135 |
|
Investment portfolio |
10,497 |
9,808 |
8,674 |
9,448 |
9,540 |
8,213 |
7,818 |
7,024 |
4,778 |
4,207 |
|
Total portfolio |
10,522 |
9,982 |
9,055 |
9,673 |
9,717 |
8,387 |
8,012 |
7,281 |
5,035 |
4,342 |
|
Units (year-end) |
||||||||||
|
Number of residential units |
28,147 |
28,069 |
27,675 |
27,661 |
27,570 |
27,482 |
27,290 |
27,809 |
22,454 |
22,629 |
|
Number of parking/garage spaces |
10,551 |
10,469 |
10,123 |
10,425 |
10,039 |
9,885 |
9,716 |
9,830 |
9,226 |
9,094 |
|
Commercial space (COG, sqm) |
48,299 |
46,988 |
44,032 |
44,323 |
44,936 |
44,924 |
44,631 |
45,106 |
38,722 |
35,406 |
|
Net rental income (€ million, unless otherwise stated) |
||||||||||
|
Investment portfolio, at start of year |
9,808 |
8,674 |
9,448 |
9,540 |
8,213 |
7,818 |
7,024 |
4,778 |
4,207 |
3,726 |
|
Time weighted average portfolio |
10,076 |
9,168 |
8,934 |
9,901 |
8,636 |
8,050 |
7,560 |
5,967 |
4,473 |
3,969 |
|
Net rental income |
313 |
289 |
284 |
270 |
260 |
251 |
252 |
210 |
184 |
182 |
|
Net rental income (%) |
3.1 |
3.2 |
3.2 |
2.7 |
3.0 |
3.1 |
3.3 |
3.5 |
4.1 |
4.6 |
|
Result (€ million) |
||||||||||
|
Realised result from letting incl. property sales |
249 |
237 |
208 |
207 |
212 |
191 |
202 |
207 |
138 |
141 |
|
Realised result from project development |
- |
- |
- |
- |
- |
- |
- |
- |
- |
1 |
|
Unrealised results |
573 |
891 |
(863) |
(218) |
1,233 |
276 |
653 |
825 |
544 |
391 |
|
Result before tax |
822 |
1,128 |
(655) |
(11) |
1,445 |
467 |
855 |
1,032 |
682 |
533 |
|
Tax |
(1) |
(1) |
(1) |
(1) |
(1) |
(1) |
(1) |
- |
- |
- |
|
Derivatives |
- |
- |
- |
- |
- |
- |
- |
- |
18 |
4 |
|
- revaluation |
- |
- |
- |
- |
- |
- |
- |
- |
6 |
4 |
|
- unwind |
- |
- |
- |
- |
- |
- |
- |
- |
12 |
- |
|
Revaluation of PPE |
0 |
1 |
(2) |
1 |
- |
- |
1 |
2 |
1 |
- |
|
Settlement pre-hedge contracts |
1 |
1 |
1 |
1 |
1 |
1 |
(6) |
- |
- |
- |
|
Total comprehensive result |
822 |
1,129 |
(657) |
(10) |
1,445 |
467 |
849 |
1,034 |
701 |
537 |
|
Return (% of time weighted average equity) |
||||||||||
|
Realised return from letting incl. property sales |
3.3 |
3.5 |
3.1 |
2.6 |
3.2 |
3.1 |
3.6 |
4.6 |
4.1 |
5.1 |
|
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 |
7.7 |
13.4 |
(12.9) |
(2.8) |
18.7 |
4.5 |
11.4 |
18.4 |
16.3 |
14.2 |
|
Total operating return |
11.0 |
16.9 |
(9.8) |
(0.1) |
21.9 |
7.6 |
15.0 |
23.0 |
20.4 |
19.3 |
|
Revaluation of derivatives and Other comprehensive income |
- |
- |
- |
- |
0.1 |
- |
(0.1) |
- |
0.5 |
0.2 |
|
Total comprehensive return |
11.0 |
16.9 |
(9.8) |
(0.1) |
22.0 |
7.6 |
14.9 |
23.0 |
20.9 |
19.5 |
|
Distribution to participants (€ million, unless otherwise stated) |
||||||||||
|
Opening equity |
7,271 |
6,392 |
7,298 |
7,553 |
6,294 |
6,022 |
5,517 |
3,819 |
3,045 |
2,629 |
|
Time weighted average equity |
7,483 |
6,670 |
6,673 |
7,842 |
6,589 |
6,169 |
5,708 |
4,481 |
3,350 |
2,766 |
|
Paid distribution* |
199 |
200 |
199 |
195 |
186 |
195 |
344 |
415 |
206 |
121 |
|
Distribution as % of time weighted average equity |
2.7 |
3.0 |
3.0 |
2.5 |
2.8 |
3.2 |
6.0 |
9.3 |
6.1 |
4.4 |
|
Distribution to participants (€ per participation) |
||||||||||
|
Opening equity |
206.76 |
180.40 |
204.52 |
210.40 |
175.32 |
167.74 |
153.69 |
135.44 |
118.03 |
101.93 |
|
Time weighted average equity |
214.21 |
189.69 |
188.34 |
219.78 |
183.55 |
171.85 |
159.01 |
158.92 |
129.88 |
107.23 |
|
Paid distribution based on number of participations at start of year* |
5.66 |
5.64 |
5.58 |
5.43 |
5.19 |
5.42 |
9.58 |
14.72 |
7.98 |
4.71 |
|
Other |
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|
Occupancy rate (%, year-end) |
98.0 |
98.0 |
99.0 |
98.6 |
98.8 |
97.5 |
98.4 |
97.5 |
97.6 |
97.8 |
|
Employees (FTE, year-end) |
216 |
219 |
222 |
217 |
217 |
217 |
194 |
188 |
176 |
181 |