| Note | 2019 | 2018 |
Gross rental income | 6 | 329 | 281 |
Service charges income | 7 | 9 | 10 |
Revenues | | 338 | 291 |
| | | |
Property operating expenses (excluding service charges) | 8 | (72) | (65) |
Service charges | 7 | (14) | (16) |
Net rental income | | 252 | 210 |
| | | |
Result on property sales | 9 | 13 | 44 |
Management expenses | 10 | (23) | (18) |
Financial results | 11 | (40) | (29) |
Realised result before tax | | 202 | 207 |
| | | |
Unrealised result | 12 | 653 | 825 |
| | | |
Result before tax | | 855 | 1,032 |
| | | |
Tax | 13 | (1) | - |
Result after tax (attributable to equity holders of the parent/participants) | | 854 | 1,032 |
| | | |
Other comprehensive income that will be reclassified subsequently to profit or loss | | | |
- Settlement pre-hedge contracts | | (6) | - |
- Revaluation of PPE | | 1 | 2 |
Other comprehensive income, net of tax | 14 | (5) | 2 |
| | | |
Total comprehensive income (attributable to equity holders of the parent) | | 849 | 1,034 |
| | | |
Earnings per participation right in € | | | |
Basic and diluted earnings, on result after tax | 21 | 23.79 | 32.20 |
| | | |
Comprehensive income per participation right in € | | | |
Basic and diluted earnings, on total comprehensive income | | 23.65 | 32.27 |