Income statement

  Notes 31.12.16 31.12.15
I. (+) Rental income 5 137 752 140 063
III. (+/-) Charges linked to letting 6 - 715 - 553
NET RENTAL RESULT   137 037 139 510
IV. (+) Recovery of property charges 7 5 727 7 486
V. (+) Recovery of rental charges and taxes normally paid by tenants on let properties 8 29 932 29 188
VII. (-) Rental charges and taxes normally paid by tenants on let properties 8 -28 421 -28 009
VIII. (+/-) Other revenue and charges for letting    253  646
PROPERTY RESULT   144 529 148 820
IX. (-) Technical costs 7 -8 526 -9 787
X. (-) Commercial costs 7 -1 558 - 911
XI. (-) Charges and taxes on unlet properties 7 -4 049 -5 235
XII. (-) Property management costs 7 -2 592 -2 494
XIII. (-) Other property charges 7 -5 024 -3 691
(+/-) Property charges   -21 749 -22 118
PROPERTY OPERATING RESULT   122 780 126 702
XIV. (-) Corporate overheads 9 -10 447 -9 930
XV. (+/-) Other operating income and charges 10 - 596 -1 675
OPERATING RESULT BEFORE RESULT ON PORTFOLIO   111 738 115 098
XVI. (+/-) Gains and losses on disposals of investment properties 11 1 154  967
XVIII. (+/-) Changes in fair value of investment properties 12 21 121 10 984
OPERATING RESULT   134 013 127 048
XX. (+) Financial income 13 1 608 1 066
XXI. (-) Net interest charges 13 -20 759 -25 288
XXII. (-) Other financial charges 13 -2 980 -3 415
XXIII. (+/-) Changes in fair value of financial assets and liabilities 13 -19 112 - 25
(+/-) Financial result   -41 243 -27 662
PRE-TAX RESULT   92 770 99 386
XXV. (-) Corporation tax 14 -2 364 -1 459
(+/-) Taxes   -2 364 -1 459
NET RESULT 15 90 406 97 927
       
BASIC NET RESULT AND DILUTED (€/share)   3.82 4.41
       
Other comprehensive income - actuarial gains and losses - non-recyclable 33 - 153  131
TOTAL COMPREHENSIVE INCOME   90 253 98 058