Consolidated Balance Sheet

Assets

in € million	Notes	Dec. 31, 2017	Dec. 31, 2018

Intangible assets	21	2,637.1	2,943.2
Property, plant and equipment	22	177.6	250.4
Investment properties	23	33,182.8	43,490.9
Financial assets	24	698.0	888.8
Other assets	25	13.8	12.2
Deferred tax assets		10.3	54.1
Total non-current assets		36,719.6	47,639.6
Inventories	27	6.2	8.8
Trade receivables	28	234.9	493.1
Financial assets	24	0.5	0.8
Other assets	25	98.4	114.4
Income tax receivables	26	47.9	170.2
Cash and cash equivalents	29	266.2	547.7
Real estate inventories	30	–	307.1
Assets held for sale	31	142.6	105.9
Total current assets		796.7	1,748.0
Total assets		37,516.3	49,387.6

in € million	Notes	Dec. 31, 2017	Dec. 31, 2018

Subscribed capital		485.1	518.1
Capital reserves		5,966.3	7,183.4
Retained earnings		8,471.6	9,942.0
Other reserves		157.8	236.7
Total equity attributable to Vonovia’s shareholders		15,080.8	17,880.2
Equity attributable to hybrid capital investors		1,001.6	1,001.6
Total equity attributable to Vonovia’s shareholders and hybrid capital investors		16,082.4	18,881.8
Non-controlling interests		608.8	782.3
Total equity	32	16,691.2	19,664.1
Provisions	33	607.2	616.7
Trade payables	34	2.4	4.4
Non-derivative financial liabilities	35	12,459.4	17,437.5
Derivatives	36	8.7	69.8
Liabilities from finance leases	37	94.7	94.7
Liabilities to non-controlling interests	38	24.9	24.2
Financial liabilities from tenant financing	39	–	56.1
Other liabilities	40	65.3	42.5
Deferred tax liabilities		5,322.6	7,231.9
Total non-current liabilities		18,585.2	25,577.8
Provisions	33	376.5	450.5
Trade payables	34	130.7	239.1
Non-derivative financial liabilities	35	1,601.1	2,698.5
Derivatives	36	4.4	41.4
Liabilities from finance leases	37	4.6	4.7
Liabilities to non-controlling interests	38	9.0	9.0
Financial liabilities from tenant financing	39	7.7	104.7
Other liabilities	40	105.9	597.8
Total current liabilities		2,239.9	4,145.7
Total liabilities		20,825.1	29,723.5
Total equity and liabilities		37,516.3	49,387.6