Key Figures
Financial Key Figures in € million |
H1 2018 |
H1 2019 |
Change in % |
12M 2018 |
||
|---|---|---|---|---|---|---|
|
||||||
|
|
|
|
|
||
Rental income in the Rental Segment |
890.7 |
1,014.8 |
13.9 |
1,894.2 |
||
Adjusted EBITDA Rental |
616.9 |
724.0 |
17.4 |
1,315.1 |
||
Adjusted EBITDA Value-Add |
54.4 |
75.7 |
39.2 |
121.2 |
||
Adjusted EBITDA Recurring Sales |
34.9 |
42.4 |
21.5 |
79.1 |
||
Adjusted EBITDA Development |
7.9 |
30.7 |
>100 |
39.4 |
||
Adjusted EBITDA Total |
714.1 |
872.8 |
22.2 |
1,554.8 |
||
EBITDA IFRS |
692.8 |
811.9 |
17.2 |
1,534.4 |
||
Group FFO |
539.4 |
609.1 |
12.9 |
1,132.0 |
||
thereof attributable to Vonovia shareholders |
513.8 |
582.6 |
13.4 |
1,069.7 |
||
thereof attributable to Vonovia hybrid capital investors |
20.0 |
20.0 |
0.0 |
40.0 |
||
thereof attributable to non-controlling interests |
5.6 |
6.5 |
16.1 |
22.3 |
||
Group FFO per share in € |
1.04 |
1.12 |
7.7 |
2.18 |
||
Income from fair value adjustments of investment properties |
1,372.9 |
2,258.7 |
64.5 |
3,517.9 |
||
EBT |
1,846.7 |
901.6 |
-51.2 |
3,874.3 |
||
Profit for the period |
1,200.0 |
125.3 |
-89.6 |
2,402.8 |
||
Cash flow from operating activities |
513.5 |
774.8 |
50.9 |
1,132.5 |
||
Cash flow from investing activities |
-3,158.7 |
-82.1 |
-97.4 |
-3,892.5 |
||
Cash flow from financing activities |
3,244.8 |
40.2 |
-98.8 |
3,041.5 |
||
Maintenance and modernization |
565.5 |
804.3 |
42.2 |
1,569.4 |
||
thereof for maintenance expenses and capitalized maintenance |
205.3 |
208.7 |
1.7 |
430.4 |
||
thereof for modernization (incl. new construction) |
360.2 |
595.6 |
65.4 |
1,139.0 |
||
Key Balance Sheet Figures in € million |
June 30, 2018 |
June 30, 2019 |
Change in % |
Dec. 31, 2018 |
||
|---|---|---|---|---|---|---|
|
||||||
|
|
|
|
|
||
Fair value of the real estate portfolio |
41,732.3 |
47,449.0 |
13.7 |
44,239.9 |
||
Adjusted NAV |
20,634.4 |
26,305.0 |
27.5 |
23,262.6 |
||
Adjusted NAV per share in €* |
39.83 |
48.51 |
21.8 |
44.90 |
||
LTV in % |
43.9 |
40.4 |
-3.5 pp |
42.8 |
||
Non-financial Key Figures |
H1 2018 |
H1 2019 |
Change in % |
12M 2018 |
||
|---|---|---|---|---|---|---|
|
||||||
|
|
|
|
|
||
Number of units managed |
486,531 |
475,754 |
-2.2 |
480,102 |
||
thereof own apartments |
403,926 |
396,739 |
-1.8 |
395,769 |
||
thereof apartments owned by others |
82,605 |
79,015 |
-4.3 |
84,333 |
||
Number of units bought |
63,444 |
2,556 |
-96.0 |
63,706 |
||
Number of units sold |
6,285 |
1,988 |
-68.4 |
15,102 |
||
thereof Recurring Sales |
1,200 |
1,234 |
2.8 |
2,818 |
||
thereof Non-core Disposals |
5,085 |
754 |
-85.2 |
12,284 |
||
Vacancy rate in % |
2.8 |
2.9 |
0.1 pp |
2.4 |
||
Monthly in-place rent in €/m2 |
6.36 |
6.64 |
4.4 |
6.52 |
||
Organic rent increase in % |
4.1 |
4.0 |
-0.1 pp |
4.4 |
||
Number of employees (as of June 30/December 31) |
9,685 |
10,024 |
3.5 |
9,923 |
||
EPRA Key Figures in € million |
June 30, 2018 |
June 30, 2019 |
Change in % |
Dec. 31, 2018 |
||
|---|---|---|---|---|---|---|
|
||||||
|
|
|
|
|
||
EPRA NAV |
24,238.3 |
27,240.6 |
12.4 |
26,105.0 |
||
EPRA NAV per share in €* |
46.79 |
50.23 |
7.4 |
50.39 |
||