Consolidated Income Statement
in € million |
Notes |
Jan. 1– June 30, 2018 |
Jan. 1–June 30, 2019 |
Apr. 1–June 30, 2018 |
Apr. 1– June 30, 2019 |
|---|---|---|---|---|---|
|
|
|
|
|
|
Income from property letting |
|
1,258.6 |
1,396.9 |
669.3 |
702.7 |
Other income from property management |
|
24.3 |
35.2 |
13.6 |
17.7 |
Income from property management |
1,282.9 |
1,432.1 |
682.9 |
720.4 |
|
|
|
|
|
|
|
Income from disposal of properties |
|
386.4 |
226.7 |
272.4 |
72.2 |
Carrying amount of properties sold |
|
-340.5 |
-194.7 |
-234.7 |
-57.6 |
Revaluation of assets held for sale |
|
34.6 |
27.0 |
25.9 |
21.0 |
Profit on disposal of properties |
80.5 |
59.0 |
63.6 |
35.6 |
|
|
|
|
|
|
|
Income from the disposal of properties (Development) |
|
73.5 |
124.9 |
73.5 |
65.5 |
Cost of sold properties |
|
-60.6 |
-95.2 |
-60.6 |
-49.1 |
Profit on the disposal of properties (Development) |
|
12.9 |
29.7 |
12.9 |
16.4 |
|
|
|
|
|
|
Net income from fair value adjustments of investment properties |
1,372.9 |
2,258.7 |
1,372.9 |
2,201.8 |
|
Capitalized internal expenses |
|
255.7 |
309.9 |
150.1 |
171.4 |
Cost of materials |
-627.3 |
-693.1 |
-347.1 |
-358.6 |
|
Personnel expenses |
|
-236.9 |
-265.3 |
-125.1 |
-131.4 |
Depreciation and amortization |
|
-23.3 |
-1,935.9 |
-14.3 |
-1,919.4 |
Other operating income |
|
47.2 |
51.9 |
24.6 |
27.6 |
Impairment losses on financial assets |
|
-10.0 |
-9.9 |
-4.4 |
-4.4 |
Gains resulting from the derecognition of financial assets measured at amortized cost |
|
1.3 |
1.2 |
0.2 |
0.1 |
Other operating expenses |
|
-134.9 |
-110.2 |
-78.1 |
-51.5 |
Net income from investments accounted for using the equity method |
|
-0.2 |
-2.4 |
-0.5 |
-2.5 |
Financial income |
26.8 |
12.6 |
17.5 |
1.4 |
|
Financial expenses |
-200.9 |
-236.7 |
-115.9 |
-121.4 |
|
Earnings before tax |
|
1,846.7 |
901.6 |
1,639.3 |
585.5 |
|
|
|
|
|
|
Income taxes |
-646.7 |
-776.3 |
-568.5 |
-661.6 |
|
Profit for the period |
|
1,200.0 |
125.3 |
1,070.8 |
-76.1 |
|
|
|
|
|
|
Attributable to: |
|
|
|
|
|
Vonovia’s shareholders |
|
1,143.4 |
98.7 |
1,027.2 |
-86.5 |
Vonovia’s hybrid capital investors |
|
14.8 |
14.8 |
7.4 |
7.4 |
Non-controlling interests |
|
41.8 |
11.8 |
36.2 |
3.0 |
Earnings per share (basic and diluted) in € |
|
2.32 |
0.19 |
2.05 |
-0.16 |
|
|
|
|
|
|