Net Assets
At the end of the third quarter of 2023, the EPRA NTA came to € 41,148.3 million, down by 10.0% on the value of € 45,744.5 million seen at the end of 2022. EPRA NTA per share increased from € 57.48 at the end of 2022 to € 50.51 at the end of the third quarter of 2023.
EPRA Net Tangible Assets (EPRA NTA)
EPRA Net Tangible Assets (EPRA NTA) | ||||||
in € million | Dec. 31, 2022 | Sep. 30, 2023 | Change | |||
Total equity attributable to Vonovia shareholders | 31,331.5 | 27,854.5 | -11.1 | |||
Deferred tax in relation to fair value gains of investment properties* | 16,190.0 | 14,880.6 | -8.1 | |||
Fair value of financial instruments** | -117.5 | -139.4 | 18.6 | |||
Goodwill as per the IFRS balance sheet | -1,529.9 | -1,391.7 | -9.0 | |||
Intangibles as per the IFRS balance sheet | -129.6 | -55.7 | -57.0 | |||
EPRA NTA | 45,744.5 | 41,148.3 | -10.0 | |||
EPRA NTA per share in €*** | 57.48 | 50.51 | -12.1 | |||
- *Proportion of hold portfolio.
- **Adjusted for effects from cross currency swaps.
- ***EPRA NTA per share based on the shares carrying dividend rights on the reporting date.