Sitemap Magazine Company & Shares Key Figures Overview Letter from the Management Board Report of the Supervisory Board Management Board Supervisory Board Corporate Governance Fundamental Information Shareholders and Annual General Meeting Supervisory Board Management Board Recruitment Cooperation Accounting and Financial Statement Auditing Vonovia SE in the Capital Market Share Price Development Shareholder Structure and AGM Investor Relations Financing Environment Outlook Report Fundamental Information About the Group Overall Conditions and Societal Megatrends The Company Corporate Structure Strategy Sustainability Aspects Highly Developed 4+2 Strategy Vonovia Innovation Platform Non-financial Declaration Explanatory Information Sustainable Business Model Risk Assessment Based on Sustainability Aspects Sustainability Management at Vonovia Materiality Analysis Sustainable Development Goals Reporting on Aspects Environmental Issues Social Issues Employee Issues Combating Corruption and Bribery Respect for Human Rights Appeal on the Capital Market Portfolio Structure Portfolio in the Property Management Business Portfolio in the Development Business Management System Management Model Performance Indicators Financial Performance Indicators Non-financial Performance Indicators Report on Economic Position Key Events Development of the Economy and the Industry Germany Sweden Austria Group’s Business Development Results of Operations Group FFO Reconciliations Assets Consolidated Balance Sheet Structure Net Asset Value Fair Values Financial Position Cash Flow Financing Economic Development of Vonovia SE Further Statutory Disclosures Corporate Governance Remuneration Report Management Board Supervisory Board Opportunities and Risks Structure and Instruments Current Risk Assessment Current Opportunities Assessment Forecast Report Financial Statements Income Statement Comprehensive Income Balance Sheet Cash Flows Changes in Equity Notes Section (A): Principles of the Consolidated Financial Statements 1 General Information 2 Adjustment to Prior-year Figures 3 Consolidation Principles 4 Business Combinations 5 Financial Reporting of Financial Assets and Financial Liabilities 6 Currency Translation 7 Government Grants 8 Changes in Accounting Policies, Estimates, Assumptions, Options and Judgments 9 Subsequent Events Section (B): Profit for the Period 10 Income from Property Management 11 Profit on Disposal of Properties 12 Profit on disposal of Real Estate Inventories (development) 13 Net Income from Fair Value Adjustment of Investment Properties 14 Capitalized Internal Expenses 15 Cost of Materials 16 Personnel Expenses 17 Other Operating Income 18 Other Operating Expenses 19 Interest Income 20 Interest Expenses 21 Other Financial Result 22 Income Taxes Section (C): Other Disclosures on the Results of Operations 23 Segment Reporting 24 Earnings per Share 25 Management Board’s Proposal for the Appropriation of Profit Section (D): Assets 26 Intangible Assets 27 Property, Plant and Equipment 28 Investment Properties 29 Financial Assets 30 Other Assets 31 Income Tax Receivables 32 Inventories 33 Trade Receivables 34 Cash and Cash Equivalents 35 Real Estate Inventories 36 Assets Held for Sale Section (E): Capital Structure 37 Total Equity 38 Provisions 39 Trade Payables 40 Non-derivative Financial Liabilities 41 Derivatives 42 Leases 43 Liabilities to Non-controlling Interests 44 Financial Liabilities from Tenant Financing 45 Other Liabilities Section (F): Corporate Governance Disclosures 46 Related Party Transactions 47 Share-Based Payments 48 Remuneration 49 Auditors’ Fees 50 Declaration of Conformity with the German Corporate Governance Code Section (G): Additional Financial Management Disclosures 51 Additional Financial Instrument Disclosures 52 Information on the Consolidated Statement of Cash Flows 53 Financial Risk Management 54 Capital Management 55 Cash Flow Hedges and Stand-alone Interest Rate Swaps 56 Contingent Liabilities 57 Other Financial Obligations Information List of Vonovia Shareholdings Further Information About the Bodies Independent Auditor’s Report Limited Assurance Report of the Independent Auditor Responsibility Statement EPRA Reporting EPRA Earnings EPRA NAV Key Figures EPRA Net Initial Yield EPRA Vacancy Rate EPRA Cost Ratio Property-related Capital Expenditure Like-for-like Rent Increases Glossary Financial Calendar and Contact