Key Figures

Financial Key Figures in € million

 

2016

 

2015

 

2014

 

2013

The key figures from prior years have been adjusted to match the definitions of the 2016 fiscal year. The key figures per share are based on the shares carrying dividend rights on the corresponding reporting date: values for 2014, 2013 TERP adjusted.

Rental income

 

1,538.1

 

1,414.6

 

789.3

 

728.0

Adjusted EBITDA Operations

 

1,094.0

 

957.6

 

503.4

 

442.4

Adjusted EBITDA Rental

 

1,046.2

 

924.4

 

482.6

 

433.0

Adjusted EBITDA Extension

 

57.0

 

37.6

 

23.6

 

10.5

Adjusted EBITDA Other

 

-9.2

 

-4.4

 

-2.8

 

-1.1

Income from disposal of properties

 

1,227.9

 

726.0

 

287.3

 

353.5

Adjusted EBITDA Sales

 

92.5

 

71.1

 

50.1

 

27.7

Adjusted EBITDA

 

1,186.5

 

1,028.7

 

553.5

 

470.1

EBITDA IFRS

 

1,083.7

 

838.4

 

500.3

 

431.0

FFO 1

 

760.8

 

608.0

 

286.6

 

223.5

thereof attributable to Vonovia shareholders

 

713.4

 

555.5

 

275.1

 

218.4

thereof attributable to Vonovia hybrid capital investors

 

40.0

 

33.0

 

 

thereof attributable to non-controlling interests

 

7.4

 

19.5

 

11.5

 

5.1

FFO 2

 

823.8

 

662.1

 

336.7

 

251.2

AFFO

 

689.2

 

520.5

 

258.3

 

203.5

FFO 1 per share in €

 

1.63

 

1.30

 

1.00

 

0.95

Income from fair value adjustments of investment properties

 

3,236.1

 

1,323.5

 

371.1

 

553.7

EBT

 

3,859.8

 

1,734.5

 

589.1

 

689.6

Profit for the period

 

2,512.9

 

994.7

 

409.7

 

484.2

Cash flow from operating activities

 

828.9

 

689.8

 

453.2

 

259.6

Cash flow from investing activities

 

416.4

 

-3,239.8

 

-1,177.9

 

171.3

Cash flow from financing activities

 

-2,812.4

 

4,093.1

 

1,741.7

 

-353.2

Maintenance and modernization

 

792.4

 

686.3

 

345.5

 

228.4

thereof for maintenance expenses and capitalized maintenance

 

320.1

 

330.7

 

173.8

 

157.6

thereof for modernization

 

472.3

 

355.6

 

171.7

 

70.8

Key Balance Sheet Figures in € million

 

Dec. 31, 2016

 

Dec. 31, 2015

 

Dec. 31, 2014

 

Dec. 31, 2013

The key figures from prior years have been adjusted to match the definitions of the 2016 fiscal year. The key figures per share are based on the shares carrying dividend rights on the corresponding reporting date: values for 2014, 2013 TERP adjusted.

Fair value of the real estate portfolio

 

27,115.6

 

24,157.7

 

12,759.1

 

10,326.7

Adjusted NAV

 

14,328.2

 

11,273.5

 

6,472.0

 

5,123.4

Adjusted NAV per share in €

 

30.75

 

24.19

 

22.67

 

21.74

LTV (%)

 

41.6

 

46.9

 

49.3

 

48.1

Non-Financial Key Figures

 

2016

 

2015

 

2014

 

2013

The key figures from prior years have been adjusted to match the definitions of the 2016 fiscal year. The key figures per share are based on the shares carrying dividend rights on the corresponding reporting date: values for 2014, 2013 TERP adjusted.

Number of units managed

 

392,350

 

397,799

 

232,246

 

201,737

thereof own apartments

 

333,381

 

357,117

 

203,028

 

175,258

thereof apartments owned by others

 

58,969

 

40,682

 

29,218

 

26,479

Number of units bought

 

2,815

 

168,632

 

31,858

 

0

Number of units sold

 

26,631

 

15,174

 

4,081

 

6,720

thereof Privatize

 

2,701

 

2,979

 

2,238

 

2,576

thereof Non-Core

 

23,930

 

12,195

 

1,843

 

4,144

Vacancy rate (in %)

 

2.4

 

2.7

 

3.4

 

3.5

Monthly in-place rent in €/m2

 

6.02

 

5.75

 

5.58

 

5.40

Monthly in-place rent in €/m2 like-for-like

 

6.01

 

5.82

 

 

Number of employees (as at Dec. 31)

 

7,437

 

6,368

 

3,850

 

2,935

EPRA Key Figures in € million

 

2016

 

2015

 

2014

 

2013

The key figures from prior years have been adjusted to match the definitions of the 2016 fiscal year. The key figures per share are based on the shares carrying dividend rights on the corresponding reporting date: values for 2014, 2013 TERP adjusted.

EPRA NAV

 

17,047.1

 

13,988.2

 

6,578.0

 

5,123.4

EPRA NAV per share in €

 

36.58

 

30.02

 

23.04

 

21.74

EPRA NNNAV

 

12,034.4

 

9,739.8

 

 

EPRA Earnings

 

448.5

 

329.2

 

 

EPRA net initial yield in %

 

4.1

 

4.5

 

 

EPRA topped-up net initial yield in %

 

4.1

 

4.5

 

 

EPRA vacancy rate in %

 

2.2

 

2.5

 

3.0

 

3.1

EPRA cost ratio (incl. direct vacancy costs) in %

 

28.4

 

31.9

 

 

EPRA cost ratio (excl. direct vacancy costs) in %

 

27.0

 

30.2