7 Profit on Disposal of Real Estate Inventories (Development)

Income from the sale of real estate inventories (Development) in the amount of € 73.5 million (first half of 2017: € 0.0 million) consisted of € 33.4 million (first half of 2017: € 0.00 million) in period-related income from disposal of real estate inventories together with € 40.1 million (first half of 2017: € 0.00 million) in time-related income from the disposal of real estate inventories. As of June 30, 2018, contract assets of € 127.2 million (first half of 2017: € 0.00 million) are recognized within trade receivables in connection with the period-related revenue recognition.