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GLOBAL RESULT (INCOME STATEMENT) (ABBREVIATED FORMAT)
(x 1,000 EUR)
2015
2014
A. Net result
Rental income
123,545
125,411
Writeback of lease payments sold and discounted
10,214
15,931
Rental-related expenses
-862
-345
Net rental income
132,897
140,997
Recovery of property charges
329
588
Recovery income of charges and taxes normally payable by the tenant on let properties
16,820
16,029
Costs payable by the tenant and borne by the landlord on rental damage and redecoration at end of lease
-1,434
-1,539
Charges and taxes normally payable by the tenant on let properties
-19,253
-17,483
Property result
129,359
138,592
Technical costs
-3,870
-2,786
Commercial costs
-870
-1,033
Taxes and charges on unlet properties
-3,200
-3,829
Property management costs
-12,371
-11,071
Other property charges
-8
-3
Property charges
-20,319
-18,722
Property operating result
109,040
119,870
Corporate management costs
-6,949
-6,670
Operating result before result on the portfolio
102,091
113,200
Gains or losses on disposals of investment properties
1,759
-10,322
Gains or losses on disposal of other non-financial assets
23,880
-13,181
Changes in fair value of investment properties
-18,990
-15,799
Other result on the portfolio
-513
-804
Operating result
109,253
73,094
Financial income
40,963
39,320
Net interest charges
-34,754
-45,454
Other financial charges
-747
-3,021
Changes in the fair value of financial assets and liabilities
-7,118
-116,714
Financial result
-1,656
-125,869
Pre-tax result
107,597
-52,775
Corporate tax
-3,996
-864
Taxes
-3,996
-864
NET RESULT FOR THE PERIOD
103,601
-53,639
B. Other elements of the global result recyclable in the income statement
Impact on fair value of estimated transaction costs resulting from hypothetical disposal of investment properties
2,599
Changes in the effective part of the fair value of authorised cash flow hedge instruments
33,186
52,015
OTHER ELEMENTS OF THE GLOBAL RESULT
33,186
54,614
C. Global result
GLOBAL RESULT
136,787
975
Company accounts
211