Five-year review
| (x € million) |
2009 |
2008 |
2007 |
2006 |
2005 |
| FINANCIAL |
|
|
|
|
|
| Gross rental income |
390.8 |
397.9 |
363.1 |
327.4 |
315.0 |
| Property operating expenses (including service charges) |
-53.8 |
-51.9 |
-46.8 |
-47.7 |
-46.3 |
| Net rental income |
337.0 |
346.0 |
316.3 |
279.7 |
268.7 |
| Direct share of results of associates |
8.7 |
15.2 |
14.2 |
15.7 |
10.4 |
| Revaluations (including result on sales) |
-389.7 |
-355.4 |
552.5 |
458.5 |
396.0 |
| Indirect share of result of associates |
-5.6 |
-96.7 |
76.9 |
17.4 |
29.3 |
|
|
|
|
|
|
|
| Net result |
-131.9 |
-239.6 |
801.5 |
640.7 |
589.1 |
| Direct result |
218.2 |
204.1 |
203.1 |
197.7 |
201.4 |
| Indirect result |
-350.1 |
-443.7 |
598.4 |
443.0 |
387.7 |
|
|
|
|
|
|
|
| Invested in property |
5,885.5 |
6,038.7 |
6,459.7 |
5,458.6 |
4,542.9 |
| Total assets |
6,291.2 |
6,408.4 |
6,713.4 |
5,652.5 |
4,633.7 |
| Shareholders’ equity (excluding minority) |
3,384.1 |
3,458.5 |
3,825.8 |
3,157.7 |
2,672.1 |
| Leverage (%)* |
40.4 |
40.1 |
34.0 |
35.8 |
35.1 |
| Interest coverage ratio** |
3.4 |
2.6 |
3.0 |
4.2 |
4.9 |
| Average number of issued shares (x million) |
72.16 |
66.25 |
66.25 |
66.25 |
66.25 |
|
|
|
|
|
|
|
| Figures per share (x € 1) |
|
|
|
|
|
| Net result |
-1.83 |
-3.62 |
12.10 |
9.67 |
8.89 |
| Direct result |
3.02 |
3.08 |
3.07 |
2.98 |
3.04 |
| Indirect result |
-4.85 |
-6.70 |
9.03 |
6.69 |
5.85 |
|
|
|
|
|
|
|
| Shareholders' equity (before result appropriation) |
44.32 |
52.20 |
57.74 |
47.66 |
40.33 |
|
|
|
|
|
|
|
| Dividend |
2.65*** |
2.64*** |
2.60 |
2.53 |
2.45 |
|
|
|
|
|
|
|
| Share closing price (highest) |
49.20 |
62.66 |
75.19 |
61.90 |
48.94 |
| Share closing price (lowest) |
25.87 |
30.71 |
49.95 |
43.66 |
41.20 |
| Share price at year-end |
47.69 |
32.89 |
55.40 |
61.90 |
45.90 |
| Average stock exchange turnover (shares per day) |
300.8 |
438.421 |
350.634 |
175.046 |
148.567 |
| Market capitalisation (€ billion) |
3.6 |
2.2 |
3.7 |
4.1 |
3.0 |
|
|
|
|
|
|
|
| BUSINESS |
|
|
|
|
|
| Average financial occupancy rate retail (%) |
96.3 |
97.7 |
96.8 |
97.5 |
98.3 |
| Like-for-like retail (%) |
1.7 |
4.0 |
5.9 |
3.3 |
3.8 |
| Reletting and renewal retail, increase in rent (%) |
7.2 |
16.6 |
18.7 |
20.9 |
20.0 |
| Share portfolio in retail (%) |
94 |
92 |
83 |
81 |
79 |
| Gross Leasable Area retail (m²) |
1,467,600 |
1,355,000 |
1,210,000 |
1,098,000 |
1,048,000 |
| Pipeline(€ billion) |
2.3 |
2.7 |
3.5 |
2.1 |
1.7 |
| Average Net Theoretical Yield retail portfolio (%) |
6.7 |
6.1 |
5.7 |
NA |
NA |
Source: Annual Report 2009, Chapter Overview & Strategy, page 4 (PDF, 13.679 kB)
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