Consolidated Income Statement
Consolidated Income Statement
in € million | 9M 2025 | 9M 2026 | Q3 2025 | Q3 2026 | |||||
Revenue from property letting | 3,666.1 | 3,657.2 | 1,232.9 | 1,221.3 | |||||
Other revenue from property management | 122.7 | 142.0 | 39.8 | 49.0 | |||||
Revenue from property management | 3,788.8 | 3,799.2 | 1,272.7 | 1,270.3 | |||||
Income from disposal of properties | 1,172.1 | 539.5 | 104.8 | 164.3 | |||||
Carrying amount of properties sold | -1,176.2 | -495.5 | -89.4 | -153.6 | |||||
Revaluation of assets held for sale | 29.5 | 51.2 | 7.8 | 13.3 | |||||
Profit from the disposal of properties | 25.4 | 95.2 | 23.2 | 24.0 | |||||
Revenue from disposal of real estate inventories | 269.0 | 274.9 | 69.5 | 114.2 | |||||
Cost of sold real estate inventories | -183.1 | -235.9 | -49.2 | -105.2 | |||||
Profit from disposal of real estate inventories | 85.9 | 39.0 | 20.3 | 9.0 | |||||
Net income from fair value adjustments of investment properties | 516.2 | 848.1 | -4.1 | – | |||||
Capitalized internal expenses | 492.3 | 551.1 | 178.8 | 202.4 | |||||
Cost of materials | -1,691.8 | -1,604.2 | -585.0 | -557.4 | |||||
Personnel expenses | -640.7 | -679.8 | -202.8 | -209.0 | |||||
Depreciation and amortization | -431.7 | -119.4 | -29.7 | -32.4 | |||||
Other operating income | 168.7 | 227.2 | 56.4 | 93.8 | |||||
Impairment losses on financial assets | -21.1 | -92.0 | -6.2 | -71.0 | |||||
Net income from the derecognition of financial assets measured at amortized cost | -8.3 | 0.4 | 0.4 | -0.1 | |||||
Other operating expenses | -346.3 | -268.0 | -85.6 | -87.8 | |||||
Net income from investments accounted for using the equity method | -16.9 | -129.7 | -9.0 | -119.6 | |||||
Interest income | 58.2 | 96.7 | 19.0 | 65.9 | |||||
Interest expenses | -670.0 | -654.1 | -160.7 | -170.4 | |||||
Other financial result | -82.5 | -49.8 | -12.5 | -22.6 | |||||
Earnings before tax | 1,226.2 | 2,059.9 | 475.2 | 395.1 | |||||
Income taxes | 2,105.6 | -750.1 | 2,061.4 | -150.6 | |||||
Profit for the period from continuing operations | 3,331.8 | 1,309.8 | 2,536.6 | 244.5 | |||||
Profit for the period from discontinued operations | 76.8 | – | 60.8 | – | |||||
Profit for the period | 3,408.6 | 1,309.8 | 2,597.4 | 244.5 | |||||
Attributable to: | |||||||||
Vonovia’s shareholders | 3,147.7 | 1,179.3 | 2,345.3 | 232.0 | |||||
thereof from continuing operations | 3,074.7 | 1,179.3 | 2,286.3 | 232.0 | |||||
thereof from discontinued operations | 73.0 | – | 59.0 | – | |||||
Non-controlling interests | 260.9 | 130.5 | 252.1 | 12.5 | |||||
Earnings per share from continuing operations | 3.62 | 1.24 | 2.62 | 0.21 | |||||
Earnings per share from continuing operations | 3.71 | 1.39 | 2.73 | 0.27 | |||||
Earnings per share total (diluted) in € * | 3.71 | 1.24 | 2.67 | 0.21 | |||||
Earnings per share total (basic) in € | 3.80 | 1.39 | 2.80 | 0.27 | |||||
- *Prior year figure adjusted to reflect the potential dilutive effect of the convertible bond in the calculation of diluted earnings per share in accordance with IAS 33.