Consolidated Income Statement

in € million

 

Jan. 1– Sept. 30, 2017

 

Jan. 1– Sept. 30, 2018

 

July 1– Sept. 30, 2017

 

July 1– Sept. 30, 2018

 

 

 

 

 

 

 

 

 

Income from property letting

 

1,753.9

 

1,954.8

 

582.3

 

696.2

Other income from property management

 

34.0

 

39.7

 

13.2

 

15.4

Income from property management

 

1,787.9

 

1,994.5

 

595.5

 

711.6

 

 

 

 

 

 

 

 

 

Income from disposal of properties

 

951.2

 

673.6

 

249.3

 

287.2

Carrying amount of properties sold

 

-905.6

 

-592.6

 

-240.7

 

-252.1

Revaluation of assets held for sale

 

60.5

 

48.0

 

7.4

 

13.4

Profit on disposal of properties

 

106.1

 

129.0

 

16.0

 

48.5

 

 

 

 

 

 

 

 

 

Income from the disposal of properties (Development)

 

 

122.9

 

 

49.4

Cost of sold properties

 

 

-107.8

 

 

-47.2

Profit on the disposal of properties (Development)

 

 

15.1

 

 

2.2

 

 

 

 

 

 

 

 

 

Net income from fair value adjustments of investment properties

 

1,164.7

 

1,386.7

 

 

13.8

Capitalized internal expenses

 

326.8

 

433.3

 

127.3

 

177.6

Cost of materials

 

-866.8

 

-993.4

 

-297.3

 

-366.1

Personnel expenses

 

-307.1

 

-360.5

 

-99.5

 

-123.6

Depreciation and amortization

 

-23.0

 

-37.8

 

-8.1

 

-14.5

Other operating income

 

75.8

 

87.4

 

24.3

 

37.1

Other operating expenses

 

-196.7

 

-252.0

 

-72.3

 

-105.2

Financial income

 

46.2

 

27.3

 

2.5

 

0.7

Financial expenses

 

-244.9

 

-301.9

 

-72.0

 

-101.0

Earnings before tax

 

1,869.0

 

2,127.8

 

216.4

 

281.1

 

 

 

 

 

 

 

 

 

Income taxes

 

-663.8

 

-728.8

 

-75.8

 

-82.1

Profit for the period

 

1,205.2

 

1,399.0

 

140.6

 

199.0

 

 

 

 

 

 

 

 

 

Attributable to:

 

 

 

 

 

 

 

 

Vonovia’s shareholders

 

1,117.6

 

1,323.1

 

124.4

 

179.7

Vonovia’s hybrid capital investors

 

22.4

 

22.4

 

7.6

 

7.6

Non-controlling interests

 

65.2

 

53.5

 

8.6

 

11.7

Earnings per share (basic and diluted) in €

 

2.36

 

2.64

 

0.26

 

0.38