Consolidated Income Statement

in € million

 

Notes

 

Jan. 1–Jun. 30, 2017

 

Jan. 1–Jun. 30, 2016

 

Apr. 1–Jun. 30, 2017

 

Apr. 1–Jun. 30, 2016

 

 

 

 

 

 

 

 

 

 

 

Income from property letting

 

 

 

1,171.6

 

1,100.0

 

584.9

 

543.4

Other income from property management

 

 

 

20.8

 

19.4

 

10.8

 

10.1

Income from property management

 

3

 

1,192.4

 

1,119.4

 

595.7

 

553.5

 

 

 

 

 

 

 

 

 

 

 

Income from disposal of properties

 

 

 

701.9

 

850.5

 

209.7

 

160.0

Carrying amount of properties sold

 

 

 

-664.9

 

-830.4

 

-188.2

 

-147.4

Revaluation of assets held for sale

 

 

 

53.1

 

17.0

 

43.7

 

11.4

Profit on disposal of properties

 

4

 

90.1

 

37.1

 

65.2

 

24.0

 

 

 

 

 

 

 

 

 

 

 

Net income from fair value adjustments of investment properties

 

5

 

1,164.7

 

 

1,164.7

 

Capitalized internal expenses

 

 

 

199.5

 

125.0

 

114.1

 

75.6

Cost of materials

 

6

 

-569.5

 

-506.6

 

-295.2

 

-262.5

Personnel expenses

 

 

 

-207.6

 

-184.6

 

-105.6

 

-91.7

Depreciation and amortization

 

 

 

-14.9

 

-10.0

 

-7.8

 

-5.6

Other operating income

 

 

 

51.5

 

49.8

 

25.0

 

26.2

Other operating expenses

 

 

 

-124.4

 

-106.4

 

-64.7

 

-49.1

Financial income

 

7

 

43.7

 

21.6

 

36.4

 

12.1

Financial expenses

 

8

 

-172.9

 

-287.5

 

-88.9

 

-146.7

Earnings before tax

 

 

 

1,652.6

 

257.8

 

1,438.9

 

135.8

 

 

 

 

 

 

 

 

 

 

 

Income taxes

 

 

 

-588.0

 

-109.9

 

-505.0

 

-67.1

Profit for the period

 

 

 

1,064.6

 

147.9

 

933.9

 

68.7

 

 

 

 

 

 

 

 

 

 

 

Attributable to:

 

 

 

 

 

 

 

 

 

 

Vonovia’s shareholders

 

 

 

993.2

 

110.0

 

876.6

 

53.5

Vonovia’s hybrid capital investors

 

 

 

14.8

 

14.8

 

7.4

 

7.4

Non-controlling interests

 

 

 

56.6

 

23.1

 

49.9

 

7.8

Earnings per share (basic and diluted) in €

 

 

 

2.12

 

0.24

 

1.87

 

0.12