9 Profit on Disposal of Real Estate Inventories (Development)

Income from the disposal of real estate inventories (Development) in the amount of € 225.1 million (2017: € 0.0 million) comprises € 167.0 million (2017: € 0.0 million) in income from the disposal of real estate inventories recognized over time together with € 58.1 million (2017: € 0.0 million) income from the disposal of real estate inventories recognized at a point in time. As of the reporting date, contract assets of € 112.5 million (2017: € 0.00 million) are recognized within trade receivables in connection with the period-related revenue recognition.

A transaction price of € 59.4 million (2017: € 0.0 million) has been allocated to the remaining performance obligations that had not yet been satisfied (in full) at the end of the current reporting period. These amounts are expected to be recognized, affecting net income, within the next two fiscal years, with an amount of € 57.1 million attributable to 2019 and an amount of € 2.3 million to 2020.