|
Unit |
1 Jan to |
1 Jan to 2007 |
1 Jan to 2008 |
Change in %1
|
|
| Key financial figures | |||||
| Rental income |
CHF 1 000 |
247 354 |
184 088 | 192 444 |
4.5 |
| Net changes in fair value of real estate investments | CHF 1 000 |
218 543 |
110 102 | 72 430 | |
| Income from property sales | CHF 1 000 |
3 350 |
2 260 | 3 645 | |
| Income from investments in associated companies | CHF 1 000 |
114 |
114 | 150 | |
| Other income | CHF 1 000 |
2 185 |
1 740 | 2 638 |
51.6 |
| Net income from continuing operations | CHF 1 000 |
284 849 |
173 357 |
150 187 |
-13.4 |
| Net income from discontinued operations 2 | CHF 1 000 |
6 326 |
6 326 | 0 |
|
| Total net income | CHF 1 000 |
291 175 |
179 683 | 150 187 |
-16.4 |
| Total net income excluding gains/losses on real estate investments 3 |
CHF 1 000 |
120 556 |
92 274 | 94 129 |
2.0 |
| EBITDA excluding gains/losses on real estate investments | CHF 1 000 |
193 942 |
139 029 | 157 929 |
13.6 |
| EBITDA margin | % |
75.5 |
74.8 | 79.4 | |
| Total assets | CHF 1 000 |
5 133 838 |
5 007 923 | 5 214 765 |
1.6 |
| Shareholders' equity | CHF 1 000 |
2 534 754 |
2 427 121 | 2 575 565 |
1.6 |
| Equity ratio | % |
49.4 |
48.5 | 49.4 | |
| Return on equity | % |
11.5 |
9.6 | 7.8 | |
| Interest-bearing debt | CHF 1 000 |
2 087 767 |
2 102 468 | 2 133 693 |
2.2 |
| Interest-bearing debt in % of total assets | % |
40.7 |
42.0 | 40.9 | |
| Portfolio key figures | |||||
| Number of properties | Number |
194 |
197 | 195 | |
| Carrying value properties | CHF 1 000 |
4 839 678 |
4 729 697 | 4 967 303 |
2.6 |
| Implied yield, gross 4 | % |
5.2 |
5.3 | 5.2 | |
| Implied yield, net 4 | % |
4.3 |
4.3 | 4.4 | |
| Vacancy rate end of period (CHF) 4, 5 | % |
10.6 |
13.6 | 10.4 | |
| Number of sites and development properties | Stück |
6 |
6 | 7 | |
| Carrying value sites and development properties | CHF 1 000 |
161 107 |
154 056 | 167 609 |
4.0 |
| Employees | |||||
| End of period | Posts |
82 |
79 | 81 | |
| Equivalent full-time employees | Posts |
79 |
74 | 78 | |
| Per share figures | |||||
| Earnings per share (EPS) 6, 7 | CHF |
6.71 |
4.11 | 3.54 |
-13.9 |
| EPS excluding gains/losses on real estate investments 6, 7 |
CHF |
2.78 |
2.11 | 2.22 |
5.2 |
| Nominal value reduction per share | CHF |
2.40 8 |
n.a. | n.a. |
|
| Net asset value per share (NAV) | CHF |
59.71 |
57.20 | 60.67 |
1.6 |
| NAV per share before deferred taxes | CHF |
68.94 |
65.78 | 70.47 |
2.2 |
| Share price end of period | CHF |
57.20 |
61.80 | 64.85 |
13.4 |
- 1 Change to previous year's period 1 January to 30 September 2007 or carrying value as of 31 December 2007 as applicable.
- 2 As of 1 July 2007, the „property management for third parties" business was sold. This unit was treated in accordance with IFRS 5 (Discontinued Operations).
- 3 „Net income excluding gains/losses on real estate investments“ corresponds to the consolidated net income excluding net changes in fair value of own real estate investments and those of associated companies, realised income on property sales and all the related taxes. Also, non-recurring income (such as, e.g., from the release of negative goodwill from acquisitions) is eliminated. Income from the sale of properties which were developed by the Company itself is part of the net income excluding gains/losses on real estate investments.
- 4 For properties.
- 5 Equals the lost rental income in % of the potential rent, as per reporting date.
- 6 Sum of continuing and discontinued operations.
- 7 Based on average number of outstanding shares.
- 8 For the 2007 business year. Cash payment was made on 25 June 2008.
