Income statement

(in thousand €) 31.12.2020 31.12.19
I. (+) Rental income 137 652 142 437
III. (+/-) Charges linked to letting -14 - 514
NET RENTAL RESULT 137 638 141 924
IV. (+) Recovery of property charges 16 081 14 992
V. (+) Recovery of rental charges and taxes normally paid by tenants on let properties 24 947 24 300
VII. (-) Rental charges and taxes normally paid by tenants on let properties -32 760 -29 752
VIII. (+/-) Other revenue and charges for letting 2 171  536
PROPERTY RESULT 148 077 152 000
IX. (-) Technical costs -18 520 -17 055
X. (-) Commercial costs -1 736 -1 476
XI. (-) Charges and taxes on unlet properties -1 867 -2 268
XII. (-) Property management costs -2 830 -2 642
XIII. (-) Other property charges -7 928 -5 308
(+/-) Property charges -32 880 -28 749
PROPERTY OPERATING RESULT 115 197 123 251
XIV. (-) Corporate overheads -18 596 -16 504
XV. (+/-) Other operating income and charges -1 932 -1 028
OPERATING RESULT BEFORE RESULT ON PORTFOLIO 94 669 105 719
XVI. (+/-) Gains and losses on disposals of investment properties 306 12 961
XVIII. (+/-) Changes in fair value of investment properties 1 367 110 113
OPERATING RESULT 96 342 228 793
XX. (+) Financial income 745  782
XXI. (-) Net interest charges -19 125 -19 117
XXII. (-) Other financial charges -2 579 -4 933
XXIII. (+/-) Changes in fair value of financial assets and liabilities -17 682 -25 539
(+/-) Financial result -38 642 -48 807
PRE-TAX RESULT 57 700 179 986
XXV. (-) Corporation tax -1 107 -1 228
(+/-) Taxes -1 107 -1 228
NET RESULT 56 593 178 757
TOTAL COMPREHENSIVE INCOME (group share) 57 709 178 463
NON-CONTROLLING INTERESTS -1 116 294
     
BASIC NET RESULT AND DILUTED (in € per share) 2.13 6.95
     
Other comprehensive income - actuarial gains and losses
- pension liabilities
-1 784  -1 585
Other comprehensive income (group share) -1 781 -1 585
Other comprehensive income - Non-controlling interests -3 -
TOTAL COMPREHENSIVE INCOME 54 809 177 172
TOTAL COMPREHENSIVE INCOME (group share)  55 928 176 878
NON-CONTROLLING INTERESTS -1 119 294