Group Financials
From rental income to the equity capital ratio: Key financial figures provide a quick overview.
| A. Income statement key figures | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|
| Net actual rent in EUR m | 339.9 | 333.1 | 322.5 | 315.0 |
| EBITDA (adjusted) Germany in EUR m | 233.5 | 226.1 | 222.3 | 214.7 |
| EBITDA (adjusted) Poland in EUR m | 80.8 | 13.2 | 12.6 | - |
| Consolidated net profit in EUR m | 117.3 | 585.6 | 402.6 | 456.4 |
| Result from operations in Poland in EUR m | 59.3 | 6.7 | 9.1 | - |
| FFO I per share in EUR | 1.19 | 1.24 | 1.18 | 1.10 |
| FFO I in EUR m | 189.4 | 182.0 | 172.6 | 160.6 |
| FFO II per share in EUR | 1.56 | 1.29 | 1.51 | 1.09 |
| FFO II in EUR m | 247.3 | 188.8 | 221.9 | 160.2 |
| B. Balance sheet key figures | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 |
|---|---|---|---|---|
| Total assets in EUR m | 8,214.6 | 7,088.6 | 6,478.0 | 5,647.0 |
| Equity in EUR m | 3,307.7 | 3,129.5 | 2,681.5 | 2,394.2 |
| Equity ratio in % | 40.3 | 44.1 | 41.4 | 42.4 |
| LTV in % | 46.7 | 43.2 | 45.1 | 44.8 |
| C. Portfolio data | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 |
|---|---|---|---|---|
| Units Germany | 86,914 | 87,576 | 88,313 | 84,510 |
| Units Poland (completed rental apartments) | 1,153 | 361 | 0 | - |
| Sold units Poland | 1,751 | 412 | 509 | - |
| Handovers in Poland | 3,510 | 575 | 719 | - |
| GAV (real estate volume in total) in EUR m | 7,481.4 | 6,735.3 | 5,984.4 | 5,302.4 |
| GAV (real estate assets Germany) in EUR m | 6,328.8 | 6,387.4 | 5,834.3 | 5,302.4 |
| GAV (real estate assets Poland) in EUR m | 1,152.6 | 347.9 | 150.1 | - |
| Vacancy in % (total, Germany) | 4.8 | 5.7 | 5.6 | 4.9 |
| Vacancy in % (residential units, Germany) | 4.4 | 5.4 | 4.5 | 4.5 |
| l-f-l Rental growth in % (Germany) | 1.5 | 1.5 | 1.4 | 1.9 |
| l-f-l Rental growth in % (incl. vacancy reduction, Germany) | 2.7 | 1.3 | 1.5 | 2.4 |
| D. EPRA key figures | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 |
|---|---|---|---|---|
| EPRA Earnings per share in EUR | 1.08 | 1.03 | 0.96 | 1.10 |
| EPRA NTA per share in EUR | 20.74 | 21.95 | 20.22 | 17.35 |
| EPRA Net Initial Yields in % | 4.2 | 4.5 | 5.4 | 5.8 |
| EPRA Vacancy Rate in % | 4.4 | 6.0 | 5.3 | 4.8 |
| EPRA Cost Ratio (incl. vancancy costs) in % | 30.5 | 31.5 | 31.2 | 31.7 |
| EPRA Cost Ratio (excl. vancancy costs) in % | 27.8 | 28.4 | 28.7 | 29.1 |
| EPRA Loan to Value in % | 47.6 | 43.5 | - | - |