Annex 1: Key figures past ten years

Key figures past ten years
 

2018

2017

2016

2015

2014

2013

2012

2011

2011

2010

2009

 

IFRS

IFRS

IFRS

IFRS

IFRS

IFRS

IFRS

IFRS

DG

DG

DG

Statement of financial position

           

Year-end, amounts in € million

           

Total assets

7,337

5,084

4,375

3,839

3,667

3,782

4,158

4,497

4,513

4,707

4,932

Equity

5,517

3,819

3,045

2,629

2,262

2,280

2,423

2,670

2,671

2,793

2,941

Debt capital

1,739

1,172

1,237

1,098

1,265

1,350

1,523

1,649

1,649

1,695

1,758

Leverage (%)

24

23

28

29

35

36

37

37

37

36

36

            

Portfolio value

           

Year-end, amounts in € million

           

Development portfolio

257

257

135

77

13

23

12

24

76

163

254

Investment portfolio

7,024

4,778

4,207

3,726

3,593

3,655

3,970

4,265

4,248

4,402

4,484

Total portfolio

7,281

5,035

4,342

3,803

3,605

3,678

3,982

4,289

4,324

4,565

4,738

            

Units

           

Year-end

           

Number of residential units

27,809

22,454

22,629

22,599

22,990

23,791

25,100

25,828

25,828

26,732

27,243

Number of commercial m2

39,665

38,722

35,406

34,319

36,359

36,640

50,491

55,410

55,410

57,515

51,663

Number of parking/garage spaces

9,830

9,226

9,094

9,293

9,335

9,527

10,217

10,427

10,427

10,177

9,699

            

Occupancy rate

           

Year-end

           

Investment portfolio (%)

97.5

97.6

97.8

97.9

96.6

96.1

95.6

95.7

95.7

95.2

95.3

            

Net rental income

           

Amounts in € million

           

Investment portfolio, at start of year

4,778

4,207

3,726

3,593

3,655

3,970

4,265

4,402

4,402

4,484

4,699

Time Weigthed Average portfolio

5,967

4,473

3,969

3,642

3,613

3,631

4,058

4,334

4,334

4,443

4,592

Net rental income

210

184

182

176

176

181

177

173

173

175

180

Net rental income (%)

3.5

4.1

4.6

4.8

4.9

5.0

4.4

4.0

4.0

3.9

3.9

            

Operating result

           

Amounts in € million

           

Realised result from letting & sales

207

138

141

122

110

104

98

88

89

110

109

Realised result from project development

-

-

1

-

4

(1)

(1)

(4)

(13)

(27)

-

Unrealised results

825

544

391

169

22

(163)

(234)

(138)

(123)

(177)

(372)

Total operating result

1,032

682

533

291

136

(60)

(137)

(49)

(47)

(94)

(263)

            

Operating return

           

As % of time weighted average equity

           

Realised return from letting

4.6

4.1

5.1

5.0

4.8

4.4

3.8

3.1

3.1

3.6

3.5

Realised return from project development

-

-

0.0

-

0.2

(0.1)

-

(0.4)

(0.4)

(0.7)

-

Unrealised return

18.4

16.3

14.2

7.0

1.0

(6.9)

(9.1)

(4.5)

(4.5)

(6.2)

(12.0)

Total operating return

23.0

20.4

19.3

12.0

6.0

(2.5)

(5.3)

(1.7)

(1.8)

(3.3)

(8.5)

            

Employees

           

Year-end

           

FTE

188

176

181

179

189

227

253

305

305

332

346

            

Result

           

Amounts in € million

           

Total operating result

1,032

682

533

291

136

(60)

(137)

(49)

(47)

(94)

(263)

Derivatives

-

18

4

25

(4)

41

(30)

11

11

21

(35)

- revaluation

-

6

4

11

(16)

41

(30)

11

11

21

(35)

- unwind

-

12

-

14

12

-

-

-

-

-

-

Revaluation of PPE

2

1

-

-

-

-

-

-

-

-

-

Total comprehensive result

1,034

701

537

316

132

(19)

(167)

(38)

(36)

(73)

(298)

            

Return

           

As % of time weighted average equity

           

Total operating return

23.0

20.4

19.3

12.0

6.0

(2.5)

(5.3)

(1.7)

(1.8)

(3.3)

(8.5)

Revaluation of derivatives

-

0.5

0.2

1.0

(0.2)

1.7

(1.2)

0.4

0.4

0.7

(1.1)

Total return

23.0

20.9

19.5

13.0

5.8

(0.8)

(6.5)

(1.3)

(1.4)

(2.5)

(9.6)

            

Distribution to investors

           

Amounts in € million

           

Opening equity

3,819

3,045

2,629

2,262

2,280

2,423

2,670

2,799

2,793

2,941

3,264

Time weigthed average equity

4,481

3,350

2,766

2,426

2,284

2,364

2,571

2,735

2,732

2,867

3,103

Paid distribution to investors *

415**

206

121

107

100

74

120

109

109

84

146

Distribution to investors (%)

9.3

6.1

4.4

4.4

4.4

3.1

4.7

4.0

4.0

2.9

4.7

            

Distribution to investors

           

Amounts in € participation

           

Opening equity

135.44

118.03

101.93

94.07

92.77

96.47

104.15

109.29

109.06

114.87

127.49

Time weigthed average equity

158.92

129.88

107.23

100.91

92.93

94.09

100.27

107.00

106.88

111.98

121.18

Paid distribution to investors*

14,72**

7.98

4.71

4.43

4.07

2.95

4.68

4.25

4.25

3.28

5.69

Distribution to investors (%)*

9.3

6.1

4.4

4.4

4.4

3.1

4.7

4.0

4.0

2.9

4.7

  • * Based on number of participations at start of year.
  • ** Including capital repayment related to portfolio sale.