ANALYSIS 08
Key Figures Comparison
 
ANNUAL REPORT 2008

key figures of company

Income statement

 

2008

2007

         
 

Rental income

€ m

175.3

123.3

 

EBITDA

€ m

137.8

90.7

 

Operating result (EBIT)

€ m

– 152.6

151.5

 

Net income before taxes (EBT)

€ m

– 295.4

106.2

 

Consolidated net income

€ m

– 294.9

84.0

 

Consolidated net income w/o minorities

€ m

– 237.1

52.1

 

Operating cash flow

€ m

114.6

83.4

 

Capital expenditure

€ m

1,859.1

411.0

         
         
         

Balance Sheet

     

2008

2007

         
 

Total assets

€ m

4,394.8

3,823.4

 

Shareholders’ equity

€ m

1,854.7

2,265.5

 

Long- and short-term financial liabilities

€ m

1,923.7

1,407.6

 

Net debt

€ m

1,591.1

839.6

 

Gearing

%

86

37

 

Equity ratio

%

42

59

 

Equity-to-fixed-assets ratio

%

49

71

 

Net asset value (NAV)

€ m

1,623.0

1,922.9

 

Net asset value (NNNAV)

€ m

1,758.4

1,964.4

         
         
         

Property Portfolio

     

2008

2007

         
 

Total usable space (excl. parking, excl. projects)

sqm

1,528,837

1,118,778

 

Gross yield of property assets let

%

6.3

5.8

 

Book value of properties

€ m

3,788.3

2,535.3

 

Book value of property assets let

€ m

2,520.7

2,319.6