Consolidated Income Statement

in € million	Jan. 1– Sep. 30, 2022	Jan. 1– Sep. 30, 2023	Jul. 1– Sep. 30, 2022	Jul. 1– Sep. 30, 2023

Revenue from property letting	3,440.4	3,809.3	1,268.7	1,280.3
Other revenue from property management	318.5	335.1	111.0	107.5
Revenue from property management	3,758.9	4,144.4	1,379.7	1,387.8

Income from disposal of properties	3,096.6	337.4	191.5	99.3
Carrying amount of properties sold	-3,039.7	-291.1	-176.5	-87.0
Revaluation of assets held for sale	63.2	15.0	24.9	-5.4
Profit from the disposal of properties	120.1	61.3	39.9	6.9

Revenue from disposal of real estate inventories	486.9	273.3	106.4	50.8
Cost of sold real estate inventories	-388.1	-237.1	-82.8	-38.1
Profit from disposal of real estate inventories	98.8	36.2	23.6	12.7

Net income from fair value adjustments of investment properties	3,137.6	-6,318.9	21.7	64.0
Capitalized internal expenses	490.1	350.3	174.7	124.6
Cost of materials	-1,752.5	-1,904.8	-718.7	-641.9
Personnel expenses	-620.6	-683.0	-197.4	-217.5
Depreciation and amortization	-1,136.1	-423.3	-31.2	-73.5
Other operating income	156.4	158.8	51.5	52.5
Impairment losses on financial assets	-22.6	-12.4	-5.1	-5.9
Net income from the derecognition of financial assets measured at amortized cost	2.5	0.9	0.4	0.3
Other operating expenses	-242.1	-352.4	-91.5	-94.3
Net income from investments accounted for using the equity method	-425.0	-24.1	-90.4	-11.8
Interest income	50.6	193.1	14.8	143.2
Interest expenses	-234.3	-589.9	-81.8	-206.7
Other financial result	-2.1	20.2	2.3	-15.3
Earnings before tax	3,379.7	-5,343.6	492.5	525.1
Income taxes	-1,168.0	1,534.7	-151.2	-203.6
Profit for the period	2,211.7	-3,808.9	341.3	321.5

Attributable to:
Vonovia’s shareholders	2,044.9	-3,513.5	329.1	404.5
Non-controlling interests	166.8	-295.4	12.2	-83.0

Earnings per share (diluted) in €	2.60	-4.37	0.42	0.50
Earnings per share (basic) in €	2.60	-4.37	0.42	0.50