Consolidated statement of profit or loss and other comprehensive income in accordance with INREV valuation principles

2025 IFRS

Adj.

2025 INREV

2024 IFRS

Adj.

2024 INREV

Gross rental income

422

-

422

399

-

399

Service charge income

15

-

15

14

-

14

Property operating expenses (excluding service charges)

(102)

-

(102)

(105)

-

(105)

Service charges

(23)

-

(23)

(21)

-

(21)

Other income

1

-

1

2

-

2

Net rental income

313

-

313

289

-

289

Result on disposals

36

-

36

46

-

46

Management expenses

(35)

2

(33)

(30)

-

(30)

Financial results

(65)

-

(65)

(68)

-

(68)

Result before valuation gains (losses) on investment property

249

-

249

237

-

237

Unrealised result

573

-

573

891

-

891

Result before tax

822

2

824

1,128

-

1,128

Tax

(1)

-

(1)

(1)

-

(1)

Result after tax (attributable to equity holders of the parent)

821

2

823

1,127

-

1,127

Other comprehensive income that will be reclassified subsequently to profit or loss

- Settlement pre-hedge contracts

1

-

1

1

-

1

Other comprehensive income that will not be reclassified subsequently to profit or loss

- Revaluation of PPE

-

-

-

1

-

1

Fair value adjustment on liabilities

-

(25)

(25)

-

(69)

(69)

Acquisition costs on Investment property (under construction)

-

2

2

-

22

22

Other comprehensive income, net of tax

1

(23)

(22)

2

(47)

(45)

Total comprehensive income (attributable to equity holders of the parent)

822

(23)

801

1,129

(47)

1,082