Key Financial Data

Global information

x € 1,000 31.03.2010 31.03.2009
Property result 53,685 52,236
Operating result before result on portfolio 45,021 45,677
Financial result -22,525 -29,502
Net current result - Group share 20,707 14,592
Result on portfolio - Group share -3,964 -20,063
Net result - Group share 16,743 -5,471

 

in % 31.03.2010 31.12.2009
Operting costs/average value of the portfolio 0.95% 0.81%
Operating margin 83.86% 86.42%
Residual lease term (in years) 10.8 11.0
Occupancy rate 96.64% 96.86%
Gross rental yield of portfolio as if it were rented 100% 7.07% 7.06%
Net rental yield of portfolio as if it were rented 100% 6.53% 6.68%
Average interest rate on borrowings 4.06% 4.91%
Debt ratio 49.33% 49.97%
Loan to Value ratio 52.13% 52.91%

 

Revalued net asset per share

in € (after distribution of 2008 dividend) 31.03.2010 31.12.2009
at its fair value 99.28 100.00
at the investment value 103.90 104.55

 

Consolidated results per share

in € 31.03.2010 31.03.2009
Net current result - Group share
- excluding IAS 39 impact
1.90 1.91
IAS 39 impact - profit/(loss) (0.42) (0.83)
Net current result - Group share 1.48 1.08
Realised result on portfolio 0.04 0.04
Unrealised result on portfolio (0.32) (1.53)
Net result - Group share 1.20 (0.41)

 

Number of shares

Number 31.03.2010 31.03.2009
Number of ordinary shares issued (own shares inclued) 12,759,754 12,307,030
Number of preference shares issued and not converted 1,272,009 1,499,766
Number of outstanding ordinary shares 12,737,380 11,954,656
Average number of outstanding ordinary shares entitled to share
in the result of the period
12,737,380 11,954,656
Number of preference shares entitled to share in the profit
for the period
1,272,009 1,499,766
Total number of shares entitled to share in the result of the period 14,009,389 13,454,422

 

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.