Consolidated statement of comprehensive income in accordance with INREV valuation principles

(Amounts in € million)

 

2017
IFRS

Adj.

2017
INREV

2016
IFRS

Adj.

2016
INREV

Gross rental income

247

 

247

242

 

242

Service charge income

10

 

10

10

 

10

Property operating expenses (excluding service charges)

(57)

 

(57)

(55)

 

(55)

Service charges

(16)

 

(16)

(15)

 

(15)

Other income

-

 

-

-

 

-

Net rental income

184

 

184

182

 

182

       

Result on projects in progress

-

 

-

1

 

1

Result on disposals

13

 

13

14

 

14

Management expenses

(16)

 

(16)

(22)

 

(22)

Financial results

(43)

 

(43)

(33)

 

(33)

Realised result before tax

139

 

139

142

 

142

       

Unrealised result

544

 

544

391

 

391

       

Result before tax

682

 

682

533

 

533

       

Tax

-

 

-

-

 

-

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

682

 

682

533

 

533

       

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

      

- Unwind transaction derivatives

12

 

12

-

 

-

- Positive revaluation derivatives

6

 

6

4

 

4

Positive revaluation on Property, Plant and Equipment

1

 

1

   

Fair value adjustment on liabilities

 

(2)

(2)

-

(29)

(29)

Acquisition costs on Investment property under construction

 

2

2

   

Other comprehensive income, net of tax

19

 

19

4

 

(25)

       

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

701

 

701

537

 

508