8 Profit on Disposal of Real Estate Inventories

Revenue from the disposal of real estate inventories amounting to € 70.1 million (H1 2023: € 222.5 million) comprises € 47.4 million (H1 2023: € 120.5 million) in period-related revenue together with € 22.7 million (H1 2023: € 102.0 million) in time-related revenue from the disposal of real estate inventories. As of the reporting date, contract assets of € 63.5 million (December 31, 2023: € 70.1 million) are recognized within miscellaneous other assets in connection with revenue recognized over time. As of the reporting date, this amount includes advance payments received of € 60.5 million (December 31, 2023: € 76.4 million).