Consolidated Income Statement
Consolidated Income Statement
in € million | Jan. 1 – Mar. 31, 2023 (adjusted) | Jan. 1 – Mar. 31, 2024 | |||
Revenue from property letting | 1,265.1 | 1,225.2 | |||
Other revenue from property management | 47.8 | 34.5 | |||
Revenue from property management | 1,312.9 | 1,259.7 | |||
Income from disposal of properties | 112.3 | 340.2 | |||
Carrying amount of properties sold | -92.1 | -330.5 | |||
Revaluation of assets held for sale | 7.2 | 9.0 | |||
Profit from the disposal of properties | 27.4 | 18.7 | |||
Revenue from disposal of real estate inventories | 33.7 | 30.6 | |||
Cost of sold real estate inventories | -27.7 | -27.3 | |||
Profit from disposal of real estate inventories | 6.0 | 3.3 | |||
Net income from fair value adjustments of investment properties | -3,612.2 | – | |||
Capitalized internal expenses | 115.4 | 107.8 | |||
Cost of materials | -647.2 | -569.8 | |||
Personnel expenses | -197.4 | -188.3 | |||
Depreciation and amortization | -26.9 | -28.0 | |||
Other operating income | 42.9 | 37.0 | |||
Impairment losses on financial assets | -2.9 | -29.7 | |||
Net income from the derecognition of financial assets measured | 1.1 | 1.3 | |||
Other operating expenses | -75.6 | -74.9 | |||
Net income from investments accounted for using | -0.1 | – | |||
Interest income | 33.3 | 31.6 | |||
Interest expenses | -195.6 | -202.5 | |||
Other financial result | 25.0 | 43.6 | |||
Earnings before tax | -3,193.9 | 409.8 | |||
Income taxes | 1,098.1 | -86.3 | |||
Profit for the period from continuing operations | -2,095.8 | 323.5 | |||
Profit for the period from discontinued operations | 7.7 | 12.0 | |||
Profit for the period | -2,088.1 | 335.5 | |||
Attributable to: | |||||
Vonovia’s shareholders | -1,962.0 | 306.4 | |||
Non-controlling interests | -126.1 | 29.1 | |||
Earnings per share from continuing operations (diluted) in € | -2.46 | 0.37 | |||
Earnings per share from continuing operations (basic) in € | -2.46 | 0.37 | |||
Earnings per share total (diluted) in € | -2.47 | 0.38 | |||
Earnings per share total (basic) in € | -2.47 | 0.38 | |||