Consolidated Balance Sheet

Assets

in € million	Notes	Dec. 31, 2018	Dec. 31, 2019

Intangible assets	D26	2,943.2	1,604.0
Property, plant and equipment	D27	250.4	358.6
Investment properties	D28	43,490.9	52,736.6
Financial assets	D29	888.8	253.5
Other assets	D30	12.2	54.7
Deferred tax assets		54.1	59.3
Total non-current assets		47,639.6	55,066.7
Inventories	D32	8.8	8.8
Trade receivables	D33	493.1	205.7
Financial assets	D29	0.8	0.7
Other assets	D30	114.4	138.0
Income tax receivables	D31	170.2	84.7
Cash and cash equivalents	D34	547.7	500.7
Real estate inventories	D35	307.1	358.3
Assets held for sale	D36	105.9	134.1
Total current assets		1,748.0	1,431.0
Total assets		49,387.6	56,497.7

in € million	Notes	Dec. 31, 2018	Dec. 31, 2019

Subscribed capital		518.1	542.3
Capital reserves		7,183.4	8,239.7
Retained earnings		9,942.0	10,534.4
Other reserves		236.7	-8.1
Total equity attributable to Vonovia’s shareholders		17,880.2	19,308.3
Equity attributable to hybrid capital investors		1,001.6	1,001.6
Total equity attributable to Vonovia’s shareholders and hybrid capital investors		18,881.8	20,309.9
Non-controlling interests		782.3	759.8
Total equity	E37	19,664.1	21,069.7
Provisions	E38	616.7	662.4
Trade payables	E39	4.4	5.1
Non-derivative financial liabilities	E40	17,437.5	21,198.0
Derivatives	E41	69.8	74.1
Lease liabilities	E42	94.7	442.6
Liabilities to non-controlling interests	E43	24.2	21.2
Financial liabilities from tenant financing	E44	56.1	44.4
Other liabilities	E45	42.5	26.1
Deferred tax liabilities		7,231.9	9.272.1
Total non-current liabilities		25,577.8	31,746.0
Provisions	E38	450.5	530.2
Trade payables	E39	239.1	219.1
Non-derivative financial liabilities	E40	2,698.5	2,376.9
Derivatives	E41	41.4	41.0
Lease liabilities	E42	4.7	28.3
Liabilities to non-controlling interests	E43	9.0	12.9
Financial liabilities from tenant financing	E44	104.7	117.8
Other liabilities	E45	597.8	355.8
Total current liabilities		4,145.7	3,682.0
Total liabilities		29,723.5	35,428.0
Total equity and liabilities		49,387.6	56,497.7