|
Unit |
1 Jan to |
1 Jan to 31 March 2009 |
1 Jan to 31 March 2010 |
Change in %1
|
|
| Key financial figures |
|
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| Rental income |
CHF 1 000 |
264 559 | 68 215 |
64 813 | – 5.0 |
| Net changes in fair value of real estate investments | CHF 1 000 | 112 370 | 4 499 |
0 | |
| Income from property sales | CHF 1 000 | 12 471 | 4 | 964 | |
| Income from investments in associated companies | CHF 1 000 | – 13 | – 16 | – 4 | |
| Other income | CHF 1 000 | 6 541 | 359 | 4 296 | |
| Net income from continuing operations | CHF 1 000 | 228 076 | 36 986 | 37 216 | 0.6 |
| Net income from discontinued operations | CHF 1 000 | 3 138 | 0 | 4 904 | |
| Total Net income | CHF 1 000 | 231 214 | 36 986 |
42 120 | 13.9 |
| Net income excluding gains/losses on real estate investments 2 |
CHF 1 000 | 136 495 | 33 495 |
41 453 | 23.8 |
| EBITDA excluding gains/losses on real estate investments | CHF 1 000 | 221 113 | 54 738 |
63 869 | 16.7 |
| EBITDA margin |
% | 79.5 | 79.8 | 84.6 | |
| Total assets | CHF 1 000 | 5 304 607 | 5 243 921 |
5 315 299 | 0.2 |
| Shareholders' equity | CHF 1 000 | 2 741 394 | 2 599 930 |
2 784 104 | 1.6 |
| Equity ratio | % | 51.7 | 49.6 | 52.4 | |
| Return on equity | % | 8.7 | 5.7 | 6.1 | |
| Interest-bearing debt | CHF 1 000 | 1 975 206 | 2 084 293 |
1 945 518 | – 1.5 |
| Interest-bearing debt in % of total assets | % | 37.2 | 39.7 | 36.6 | |
| |
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|
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| Portfolio key figures | |
|
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| Number of properties | Number | 179 | 189 | 177 | |
| Carrying value properties | CHF 1 000 | 4 997 237 | 4 992 853 |
4 997 211 | 0.0 |
| Implied yield, gross 3 | % | 5.2 | 5.5 | 5.2 | |
| Implied yield 3 | % | 4.4 | 4.7 | 4.5 | |
| Vacancy rate end of period (CHF) 3,4 | % | 7.5 | 8.4 | 7.7 | |
| Number of sites and development properties | Number | 8 | 7 | 8 | |
| Carrying value sites and development properties | CHF 1 000 | 218 405 | 180 973 |
231 724 | 6.1 |
| |
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| Employees | |
|
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| End of period |
Posts | 80 | 79 | 81 | |
| Equivalent full-time employees |
Posts | 76 | 76 | 77 | |
| Per share figures | |||||
| Earnings per share (EPS) 5, 6 |
CHF | 5.53 | 0.89 | 1.00 | 12.4 |
| EPS excluding gains/losses on real estate investments 5, 6 |
CHF | 3.26 | 0.80 | 0.98 | 22.5 |
| Nominal value reduction per share | CHF | 2.70 7 | n.a | n.a. | |
| Net asset value per share (NAV) 8 |
CHF | 64.95 | 62.73 | 65.96 | 1.6 |
| NAV per share before deferred taxes 8 | CHF | 75.79 | 73.10 | 76.88 | 1.4 |
| Share price end of period | CHF | 58.50 | 48.00 | 67.70 | 15.7 |
- 1 Change to previous year's period 1 January to 31 March 2009 or carrying value as of 31 December 2009 as applicable.
- 2 ”Consolidated annual net income excluding gains/losses on real estate investments” corresponds to the consolidated annual net income excluding net changes in fair value of the real estate investments, realised income on sales of investment properties and all of the related taxes. Income from the sale of properties which were developed by the Company itself is, however, included in the annual net income excluding gains/losses on real estate investments.
- 3 For properties.
- 4 Equals the lost rental income in % of the potential rent, as per reporting date.
- 5 Sum of continuing and discontinued operations.
- 6 Based on average number of outstanding shares.
- 7 For the 2009 business year. Cash payment planned for end of June 2010.
- 8 Based on number of outstanding shares, before cash payment by nominal value reduction (footnote 7).
