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SUMMARY OF QUARTERLY
CONSOLIDATED ACCOUNTS
Consolidated global result by quarter
1
(income statement)
(x 1,000EUR)
Q1 2015 Q2 2015 Q3 2015 Q4 2015
2015
2
A. NET RESULT
Rents
50,440
51,022
52,010 52,438 205,909
Cost of rent-free periods
-690
-1,043
-985
-999
-3,718
Client incentives
-140
-145
-110
-171
-567
Indemnities for early termination of rental contracts
-4
122
34
836
988
Writeback of lease payments sold and discounted
2,553
2,553
2,553
2,553
10,214
Rental-related expenses
-15
47
-149
-592
-709
Net rental income
52,144 52,556 53,353 54,065
212,117
Recovery of property charges
-2
-86
417
329
Recovery income of charges and taxes normally payable by the tenant on let
properties
20,679
10,973
6,999
2,938
41,588
Costs payable by the tenant and borne by the landlord on rental damage and
redecoration at end of lease
-244
-184
-388
-618
-1,434
Charges and taxes normally payable by the tenant on let properties
-22,526
-12,197
-7,465
-2,878 -45,066
Property result
50,051
51,147
52,412 53,924 207,534
Technical costs
-655
-863
-805
-3,319
-5,643
Commercial costs
-181
-218
-102
-449
-950
Taxes and charges on unlet properties
-1,875
-425
-576
-575
-3,451
Property management costs
-3,697
-3,223
-3,777
-4,646 -15,343
Property charges
-6,408
-4,730
-5,260 -8,989 -25,387
Property operating result
43,643
46,417
47,152 44,935 182,147
Corporate management costs
-1,976
-1,811
-1,888
-2,131
-7,806
Operating result before result on the portfolio
41,667
44,606 45,264 42,804 174,341
Gains or losses on disposals of investment properties and other non-financial
assets
1,159
798
-17
20,484
22,425
Changes in fair value of investment properties
-6,975
-1,765
-1,552
1,672
-8,620
Other result on the portfolio
-447
313
256
-8,680
-8,558
Operating result
35,404 43,952 43,952 56,280 179,588
Financial income
1,557
1,352
1,288
1,538
5,735
Net interest charges
-10,565 -10,922
-10,602
-10,221
-42,310
Other financial charges
23
34
-203
-513
-660
Changes in the fair value of financial assets and liabilities
-29,580 30,998 -13,547
-18,274 -30,403
Financial result
-38,566
21,462 -23,064 -27,470 -67,638
Share in the result of associated companies and joint ventures
118
112
117
113
460
1
The Group did not publish any quarterly information between 31.12.2015 and the time of writing of this Annual Financial Report.
2
The half-year and annual figures are verified by the Auditor Deloitte, Company Auditors.
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