Key Figures
Financial Key Figures in € million |
2016 |
2017 |
2018 |
2019 |
2020 |
||
|---|---|---|---|---|---|---|---|
|
|
|
|
|
|
||
Total Segment Revenue |
2,436.5 |
2,822.0 |
3,610.7 |
4,111.7 |
4,370.0 |
||
Adjusted EBITDA Total |
1,186.5 |
1,319.7 |
1,554.8 |
1,760.1 |
1,909.8 |
||
Adjusted EBITDA Rental |
1,046.2 |
1,148.7 |
1,315.1 |
1,437.4 |
1,554.2 |
||
Adjusted EBITDA Value-add |
57.0 |
102.1 |
121.2 |
146.3 |
152.3 |
||
Adjusted EBITDA Recurring Sales |
|
62.2 |
79.1 |
91.9 |
92.4 |
||
Adjusted EBITDA Development |
|
6.7 |
39.4 |
84.5 |
110.9 |
||
EBITDA IFRS |
1,083.7 |
1,271.8 |
1,534.4 |
1,579.6 |
1,822.4 |
||
Group FFO |
|
975.0 |
1,132.0 |
1,218.6 |
1,348.2 |
||
thereof attributable to Vonovia shareholders |
|
920.4 |
1,069.7 |
1,165.6 |
1,292.0 |
||
thereof attributable to Vonovia hybrid capital investors |
|
40.0 |
40.0 |
40.0 |
40.0 |
||
thereof attributable to non-controlling interests |
|
14.6 |
22.3 |
13.0 |
16.2 |
||
Group FFO per share in €* |
|
2.01 |
2.18 |
2.25 |
2.38 |
||
Income from fair value adjustments of investment properties |
3,236.1 |
3,434.1 |
3,517.9 |
4,131.5 |
3,719.8 |
||
EBT |
3,859.8 |
4,007.4 |
3,874.3 |
3,138.9 |
5,014.4 |
||
Profit for the period |
2,512.9 |
2,566.9 |
2,402.8 |
1,294.3 |
3,340.0 |
||
Cash flow from operating activities |
828.9 |
946.0 |
1,132.5 |
1,555.9 |
1,430.5 |
||
Cash flow from investing activities |
416.4 |
–1,350.1 |
–3,892.5 |
–2,505.7 |
–1,729.9 |
||
Cash flow from financing activities |
–2,812.4 |
–870.5 |
3,041.5 |
902.8 |
402.6 |
||
Total cost of maintenance, modernization and new construction |
792.4 |
1,124.8 |
1,569.4 |
1,971.1 |
1,935.9 |
||
thereof for maintenance expenses and capitalized maintenance |
320.1 |
346.2 |
430.4 |
481.6 |
592.0 |
||
thereof for modernization |
458.4 |
712.9 |
904.7 |
996.5 |
908.4 |
||
thereof for new construction |
13.9 |
65.7 |
234.3 |
493.0 |
435.5 |
||
|
|||||||
Key Balance Sheet Figures in € million |
Dec. 31, 2016 |
Dec. 31, 2017 |
Dec. 31, 2018 |
Dec. 31, 2019** |
Dec. 31, 2020 |
||||
|---|---|---|---|---|---|---|---|---|---|
|
|
|
|
|
|
||||
Fair value of the real estate portfolio |
27,115.6 |
33,436.3 |
44,239.9 |
53,316.4 |
58,910.7 |
||||
Adjusted NAV |
14,328.2 |
18,671.1 |
23,262.6 |
28,199.6 |
33,651.8 |
||||
Adjusted NAV per share in €* |
30.75 |
38.49 |
44.90 |
52.00 |
59.47 |
||||
LTV (%) |
41.6 |
39.8 |
42.8 |
43.1 |
39.4 |
||||
|
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Non-financial Key Figures |
2016 |
2017 |
2018 |
2019 |
2020 |
|---|---|---|---|---|---|
|
|
|
|
|
|
Number of units managed |
392,350 |
409,275 |
480,102 |
494,927 |
489,709 |
thereof own apartments |
333,381 |
346,644 |
395,769 |
416,236 |
415,688 |
thereof apartments owned by others |
58,969 |
62,631 |
84,333 |
78,691 |
74,021 |
Number of units bought |
2,815 |
24,847 |
63,706 |
23,987 |
1,711 |
Number of units sold |
26,631 |
11,780 |
15,102 |
4,784 |
3,677 |
thereof Recurring Sales |
2,701 |
2,608 |
2,818 |
2,607 |
2,442 |
thereof Non-core Disposals |
23,930 |
9,172 |
12,284 |
2,177 |
1,235 |
Number of new apartments completed |
40 |
250 |
1,108 |
2,092 |
2,088 |
thereof own apartments |
40 |
250 |
638 |
1,301 |
1,442 |
thereof apartments for sale |
– |
– |
470 |
791 |
646 |
Vacancy rate (in %) |
2.4 |
2.5 |
2.4 |
2.6 |
2.4 |
Monthly in-place rent in €/m2 |
6.02 |
6.27 |
6.52 |
6.93 |
7.16 |
Organic rent increase (in %) |
3.3 |
4.2 |
4.4 |
3.9 |
3.1 |
Number of employees (as of Dec. 31) |
7,437 |
8,448 |
9,923 |
10,345 |
10,622 |
|
|
|
|
|
|
EPRA Key Figures in € million |
2016 |
2017 |
2018 |
2019** |
2020 |
||||
|---|---|---|---|---|---|---|---|---|---|
|
|
|
|
|
|
||||
EPRA NAV |
17,047.1 |
21,284.6 |
26,105.0 |
29,592.5 |
35,146.5 |
||||
EPRA NAV per share in €* |
36.58 |
43.88 |
50.39 |
54.57 |
62.11 |
||||
EPRA NNNAV |
12,034.4 |
14,657.5 |
17,669.5 |
18,554.8 |
22,038.1 |
||||
EPRA NTA |
|
|
|
29,762.2 |
35,488.6 |
||||
EPRA NTA per share in €* |
|
|
|
54.88 |
62.71 |
||||
EPRA NRV per share in €* |
|
|
|
37,065.9 |
43,677.3 |
||||
EPRA NRV |
|
|
|
68.35 |
77.18 |
||||
EPRA NDV |
|
|
|
17,161.9 |
20,543.4 |
||||
EPRA Earnings |
675.6 |
838.2 |
932.5 |
1,075.8 |
1,196.9 |
||||
EPRA Net initial yield in % |
4.1 |
3.7 |
3.5 |
3.3 |
3.0 |
||||
EPRA Topped-up net initial yield in % |
4.1 |
3.7 |
3.5 |
3.3 |
3.0 |
||||
EPRA Vacancy rate in % |
2.2 |
2.3 |
2.3 |
2.4 |
2.3 |
||||
EPRA Cost ratio (incl. direct vacancy costs) in % |
28.4 |
26.3 |
25.9 |
25.8 |
26.8 |
||||
EPRA Cost ratio (excl. direct vacancy costs) in % |
27.0 |
24.8 |
24.6 |
24.5 |
25.6 |
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