1 General Information
Vonovia SE has its registered office in Germany and has been registered in the commercial register in Bochum under commercial register number HRB 16879 since 2017. The company’s registered office is located at Universitätsstrasse 133, 44803 Bochum, Germany. The company operates in the real estate sector.
The consolidated financial statements as of and for the year ended December 31, 2025 have been prepared in accordance with the IFRS Accounting Standards (IFRS) as adopted in the EU. In addition, the supplementary commercial law provisions under Section 315e (1) of the German Commercial Code (HGB) have been observed.
The consolidated financial statements have been prepared on the basis of amortized cost except for investment properties, assets and liabilities held for sale, derivative financial instruments, plan assets and equity instruments at fair value in other comprehensive income. These are measured at their fair value. The income statement has been prepared using the nature of expense method.
These consolidated financial statements are presented in euros, which is the Group’s functional currency. Unless stated otherwise, all figures are shown in million euros (€ million). Furthermore, amounts below the rounding threshold are shown as “0.0”. “-” means that information is not available.
Vonovia’s Management Board prepared the consolidated financial statements on March 16, 2026, and approved them for submission to the Supervisory Board.
The following overview indicates the chapters on the individual topics containing disclosures on accounting policies, judgments and estimates:
Overview Chapters Containing Accounting Policies, Judgments, Estimates
Chapter | Accounting policies, judgments, estimates | |
Currency translation | ||
Government grants | ||
Profit for the period | ||
Profit on the disposal of properties | ||
Income taxes | ||
Earnings per share | ||
Intangible assets/goodwill | ||
Property, plant and equipment | ||
Investment properties | ||
Financial assets | ||
Inventories | ||
Trade receivables | ||
Cash and cash equivalents | ||
Real estate inventories | ||
Assets and liabilities held for sale and assets and liabilities of discontinued operations | ||
Total equity | ||
Provisions | ||
Non-derivative financial liabilities | ||
Put options | ||
Leases | ||
Liabilities to non-controlling interests | ||
Financial liabilities from tenant financing | ||
Share-based payment | ||
Additional financial instrument disclosures | ||
Information on the Consolidated Statement of Cash Flows | ||
