Consolidated Balance Sheet

Consolidated Balance Sheet – Assets

in € million	Notes	Dec. 31, 2021*	Dec. 31, 2022

Intangible assets	D26	2,722.9	1,659.5
Property, plant and equipment	D27	654.1	673.4
Investment properties	D28	94,100.1	92,300.1
Financial assets	D29	1,016.7	745.0
Investments accounted for using the equity method	D30	425.3	240.1
Other assets	D31	199.6	380.2
Deferred tax assets	D32	19.8	39.6
Total non-current assets		99,138.5	96,037.9

Inventories	D33	16.4	146.4
Trade receivables	D34	449.9	330.2
Financial assets	D29	1,063.3	768.2
Other assets	D31	220.9	337.5
Income tax receivables	D32	201.9	239.9
Cash and cash equivalents	D35	1,432.8	1,302.4
Real estate inventories	D36	671.2	2,156.3
Assets held for sale	D37	2,719.4	70.8
Total current assets		6,775.8	5,351.7
Total assets		105,914.3	101,389.6

Consolidated Balance Sheet – Equity and Liabilities

in € million	Notes	Dec. 31, 2021*	Dec. 31, 2022

Subscribed capital		776.6	795.8
Capital reserves		15,458.4	5,151.6
Retained earnings		16,535.5	25,605.1
Other reserves		126.2	-221.0
Total equity attributable to Vonovia shareholders		32,896.7	31,331.5
Non-controlling interests		3,242.4	3,107.3
Total equity	E38	36,139.1	34,438.8

Provisions	E39	866.3	655.7
Trade payables	E40	5.4	5.2
Non-derivative financial liabilities	E41	40,171.9	41,269.7
Derivatives	E42	66.2	–
Lease liabilities	E43	634.9	641.0
Liabilities to non-controlling interests	E44	224.5	220.0
Financial liabilities from tenant financing	E45	44.9	43.0
Other liabilities	E46	5.2	27.9
Deferred tax liabilities		18,693.9	18,612.4
Total non-current liabilities		60,713.2	61,474.9

Provisions	E39	727.2	549.7
Trade payables	E40	444.4	563.3
Non-derivative financial liabilities	E41	6,857.1	3,790.0
Derivatives and put options	E42	266.0	272.2
Lease liabilities	E43	44.2	41.5
Liabilities to non-controlling interests	E44	16.0	15.9
Financial liabilities from tenant financing	E45	112.6	112.1
Other liabilities	E46	228.8	131.2
Liabilities associated with assets classified as held for sale	D37	365.7	–
Total current liabilities		9,062.0	5,475.9
Total liabilities		69,775.2	66,950.8
Total equity and liabilities		105,914.3	101,389.6