Key Financial Data

Global information

x € 1,000 30.09.2011 30.09.2010
Property result 157,027 158,600
Operating result before result on portfolio 133,837 136,176
Financial result -39,925 -67,885
Net current result - Group share 88,381 63,359
Result on portfolio - Group share 18,505 -28,535
Net result - Group share 106,886 34,824

 

in % 30.09.2011 31.12.2010
Operting costs/average value of the portfolio 0.86 0.80
Operating margin 85.23 86.32
Residual lease term (in years) 11.50 11.50
Occupancy rate 95.70 95.77
Gross rental yield of portfolio as if it were rented 100% 6.98 6.98
Net rental yield of portfolio as if it were rented 100% 6.59 6.52
Average interest rate on borrowings 4.27 4.33
Debt ratio 50.52 47.50
Loan to Value ratio 53.87 50.26

 

Revalued net asset per share

in € (after distribution of 2010 dividend) 30.09.2011 31.12.2010
in fair value 96.09 91.72
in investment value 100.62 96.07

 

Consolidated results per share

in € 30.09.2011 30.09.2010
Net current result - Group share
- excluding IAS 39 impact
5.64 5.74
IAS 39 impact 0.18 -1.44
Net current result - Group share 5.82 4.30
Realised result on portfolio 0.32 0.21
Unrealised result on portfolio 0.89 -2.15
Net result - Group share 7.03 2.36

 

Number of shares

Number 30.09.2011 30.09.2010
Number of ordinary shares issued (own shares inclued) 13,998,486 13,553,307
Number of preference shares issued and not converted 1,248,162 1,249,518
Number of ordinary shares entitled to share in the profit for the period 13,945,879 13,500,700
Number of preference shares entitled to share in the profit for the period 1,248,162 1,249,518
Total number of shares entitled to share in the result of the period 15,194,041 14,750,218

 

Since 01.05.2009, the preference shares are convertible into ordinary shares at the rate of one ordinary share for one preference share (see Types of Share). The results per share are calculated here on a fully diluted basis, proceeding on the assumption that all preference shares have been converted, so as to show the effect of their total conversion.