Our portfolio is composed of retail properties on the outskirts of urban areas in Belgium, France and Spain, characterised by a predominance of the food sector.
Portfolio growth
(in millions EUR)
| Consolidated results (€000s) | 30/09/2021 | 30/09/2020 |
|---|---|---|
| Rental income | 46,285 | 44,555 |
| Rental related charges | -1,371 | -2,224 |
| Taxes and charges not recovered | -130 | -183 |
| Property result | 44,785 | 42,148 |
| Property charges | -3,479 | -2,711 |
| Corporate overheads | -4,057 | -3,881 |
| Other income and operating costs | -12 | -4 |
| Operating result before result on portfolio | 37,236 | 35,551 |
| Net interest charges | -5,881 | -5,308 |
| Other financial charges | -427 | -334 |
| Taxes | -372 | -489 |
| EPRA earnings | 30,555 | 29,420 |
| Net gains and losses on disposals of investment properties | 0 | -41 |
| Change in the fair value of investment properties | 9,835 | -20,520 |
| Portfolio result | 9,835 | -20,561 |
| Change in fair value of financial assets and liabilities | 5,704 | 316 |
| Deferred tax | -443 | 71 |
| Net result | 45,652 | 9,246 |
| Consolidated balance sheet (€000s) | 30/09/2021 | 30/09/2020 |
|---|---|---|
| Assets | 728,076 | 710,418 |
| Investment properties | 713,601 | 694,342 |
| Other non-current assets | 1,400 | 1,506 |
| Assets held for sale | 1,360 | 0 |
| Trade receivables | 5,773 | 7,441 |
| Cash and cash equivalents | 3,707 | 4,710 |
| Other current assets | 2,236 | 2,420 |
| Equity and liabilities | 728,076 | 710,418 |
| Equity | 370,353 | 348,778 |
| Non-current financial debts | 278,822 | 290,863 |
| Other non-current liabilities | 10,275 | 14,656 |
| Deferred tax | 1,275 | 832 |
| Current financial debts | 55,060 | 42,423 |
| Other current liabilities | 12,291 | 12,866 |
| Consolidated result per share (EUROS) | 30/09/2019 | 30/09/2020 |
|---|---|---|
| EPRA earnings per share | 4.63 | 4.46 |
| Earnings per share (EPS) | 6.92 | 1.40 |