Key Figures

Financial Key Figures in € million

 

3M 2017

 

3M 2018

 

Change in %

 

12M 2017

Rental income

 

417.2

 

418.3

 

0.3

 

1,667.9

Adjusted EBITDA Operations

 

300.1

 

315.7

 

5.2

 

1,224.2

Adjusted EBITDA Rental

 

285.6

 

303.2

 

6.2

 

1,150.0

Adjusted EBITDA Value-add Business

 

19.8

 

17.8

 

-10.1

 

102.1

Adjusted EBITDA Other

 

-5.3

 

-5.3

 

 

-27.9

Income from disposal of properties

 

492.2

 

114.0

 

-76.8

 

1,206.4

Adjusted EBITDA Sales

 

19.1

 

15.7

 

-17.8

 

110.8

Adjusted EBITDA

 

319.2

 

331.4

 

3.8

 

1,335.0

EBITDA IFRS

 

303.8

 

299.4

 

-1.4

 

1,271.8

FFO 1

 

218.2

 

243.6

 

11.6

 

920.8

thereof attributable to Vonovia shareholders

 

206.2

 

230.8

 

11.9

 

866.2

thereof attributable to Vonovia hybrid capital investors

 

10.0

 

10.0

 

 

40.0

thereof attributable to non-controlling interests

 

2.0

 

2.8

 

40.0

 

14.6

FFO 2

 

226.3

 

251.9

 

11.3

 

1,012.4

AFFO

 

204.6

 

222.0

 

8.5

 

835.1

FFO 1 per share in €*

 

0.47

 

0.50

 

7.9

 

1.90

Income from fair value adjustments of investment properties

 

 

 

 

3,434.1

EBT

 

213.7

 

207.4

 

-2.9

 

4,007.4

Profit for the period

 

130.7

 

129.2

 

-1.1

 

2,566.9

Cash flow from operating activities

 

241.9

 

262.7

 

8.6

 

946.0

Cash flow from investing activities

 

-773.2

 

-2,500.3

 

223.4

 

-1,350.1

Cash flow from financing activities

 

-1.6

 

2,800.7

 

 

-870.5

Maintenance and modernization

 

191.4

 

221.1

 

15.5

 

1,124.8

thereof for maintenance expenses and capitalized maintenance

 

77.2

 

83.4

 

8.0

 

346.2

thereof for modernization (incl. new construction)

 

114.2

 

137.7

 

20.6

 

778.6

Key Balance Sheet Figures in € million

 

Mar. 31, 2017

 

Mar. 31, 2018

 

Change in %

 

Dec. 31, 2017

Fair value of the real estate portfolio

 

29,607.6

 

38,485.6

 

30.0

 

33,436.3

Adjusted NAV

 

14,616.8

 

18,467.3

 

26.3

 

18,671.1

Adjusted NAV per share in €*

 

31.18

 

38.07

 

22.1

 

38.49

LTV in %

 

44.4

 

45.5

 

1.1 pp

 

39.8

Non-Financial Key Figures

 

3M 2017

 

3M 2018

 

Change in %

 

12M 2017

Number of units managed

 

421,199

 

452,136

 

7.3

 

409,275

thereof own apartments

 

355,525

 

393,639

 

10.7

 

346,644

thereof apartments owned by others

 

65,674

 

58,497

 

-10.9

 

62,631

Number of units bought

 

23,745

 

48,690

 

105.1

 

24,847

Number of units sold

 

1,692

 

1,743

 

3.0

 

11,780

thereof Privatize

 

535

 

594

 

11.0

 

2,608

thereof Sell portfolio

 

1,157

 

1,149

 

-0.7

 

9,172

Vacancy rate in %

 

2.7

 

2.8

 

0.1 pp

 

2.5

Monthly in-place rent in €/m2

 

6.06

 

6.18

 

2.0

 

6.27

Organic rent increase in %

 

3.4

 

4.2

 

0.8 pp

 

4.2

Number of employees (as of Mar. 31/Dec. 31)

 

8,114

 

9,544

 

17.6

 

8,448

EPRA Key Figures in € million

 

Mar. 31, 2017

 

Mar. 31, 2018

 

Change in %

 

Dec. 31, 2017

*

Based on the shares carrying dividend rights on the reporting date: Mar. 31, 2018: 485,100,826, Mar. 31, 2017: 468,796,936, Dec. 31, 2017: 485,100,826

EPRA NAV

 

17,548.6

 

21,916.0

 

24.9

 

21,284.6

EPRA NAV per share in €*

 

37.43

 

45.18

 

20.7

 

43.88