Annual Report
2017
Directly to
Annual Report 2017
About Vesteda
Key portfolio characteristics
Foreword
Key figures
CSSR
Downloads
Highlights 2017
Key developments 2017
Foreword Managing Board
Members of the Managing Board and Management Team
Management Report
Market developments
Strategy and long-term objectives
Key developments
Notes to the results
Key figures
Equity
Debt capital
Tenant Survey
Outlook and management agenda
The outlook for 2018
Management agenda 2018
Members of the Supervisory Committee
Report of the Supervisory Committee
Key portfolio developments
Introduction
Units
Income from investment portfolio
Value of investment portfolio
Segmentation of investment portfolio
Corporate Sustainability and Social Responsibility
Organisation
Organisational structure
Workforce
Governance and risk management
Legal structure
Corporate governance
Ethics and integrity
Risk management
About this report
Assurance report of the independent auditor
Vesteda Residential Fund FGR financial statements 2017
Consolidated statement of comprehensive income
Consolidated statement of financial position
Consolidated statement of changes in equity
Consolidated cash flow statement
Notes to the consolidated financial statements
1. Corporate information
2. Basis of preparation
3. Significant accounting judgements, estimates and assumptions
4. Summary of significant accounting policies
5. Gross rental income
6. Service charges income
7. Property operating expenses
8. Result on property sales
9. Management expenses
10. Financial results
11. Unrealised results
12. Tax
13. Other comprehensive income
14. Investment property
15. Investment property under construction
16. Property, plant and equipment
17. Financial assets
18. Trade and other receivables
19. Cash and cash equivalents
20. Group equity
21. Financial liabilities
22. Provisions
23. Derivative financial instruments
24. Trade and other payables
25. Transactions with related parties
26. Financial risk management objectives and policies
27. Capital management
28. Managing Board and other identified staff remuneration
29. Supervisory Committee remuneration
30. Service fees paid to external auditors
31. Contingencies and commitments
32. New and amended standards and interpretations
33. Other information
Independent auditor’s report
Vesteda Residential Fund FGR financial overviews in accordance with INREV valuations principles
General introduction
Consolidated statement of comprehensive income in accordance with INREV valuation principles
Consolidated statement of financial position in accordance with INREV valuation principles
Consolidated statement of changes in equity in accordance with INREV valuation principles
INREV expense metrics
Notes to the INREV financial statements
Independent auditor’s report
Annexes
Annex 1: Key figures past ten years
Annex 2: GRI Content Index for ‘In accordance’ - Core
Annex 3: Definitions
Annex 4: External appraisers
Annex 5: Composition of the investment portfolio
Content