2 Adjustment to Prior-Year Figures

Segment Report

Used to measure the performance of the segments over time, segment revenue serves as another growth indicator for Vonovia from the 2020 fiscal year onwards. Total segment revenue includes all income generated by the four segments that contributes to value creation, i.e., that covers costs and makes an earnings contribution. The corresponding reporting is based on the internal reporting to the Management Board, as the chief operating decision-maker, which was adjusted in 2020 and reflects the change with regard to the relevance of total segment revenue from a corporate management perspective. The corresponding prior-year figures have been adjusted to reflect the new reporting system. Detailed information on the adjustment can be found in note [C15] Segment Reporting.