Five-year review

xls

(x € millions) 2008 2007 2006 2005 2004
Gross rental income 397.9 363.1 327.4 315.0 308.3
Property operating expenses (including service charges) -51.9 -46.8 -47.7 -46.3 -45.8
Net rental income 346.0 316.3 279.7 268.7 262.5
Expenses -157.7 -127.4 -97.7 -77.7 -71.9
Revaluations (including book profit) -451.6 629.4 475.9 425.3 100.9
Deferred taxes 21.7 -30.4 -33.8 -47.1 10.1
Other results -13.2 -0.6 0.9 9.5 -2.7
Share of result of associates 15.2 14.2 15.7 10.4






Net result -239.6 801.5 640.7 589.1 298.9
Direct result 204.1 203.1 197.7 201.4 190.6
Indirect result* -443.7 598.4 443.0 387.7 108.3






Invested in property 6,038.7 6,459.7 5,458.6 4,542.9 3,916.0
Total assets 6,408.4 6,713.4 5,652.5 4,633.7 4,048.1
Shareholders’ equity (before result appropriation) 3,458.5 3,825.8 3,157.7 2,672.1 2,255.7






Number of issued shares (x million)** 66.25 66.25 66.25 66.25 66.25






Figures per share (x € 1)




Net result -3.62 12.10 9.67 8.89 4.51
Direct result 3.08 3.07 2.98 3.04 2.87
Indirect result -6.70 9.03 6.69 5.85 1.64






Shareholders’ equity (before result appropriation) 52.20 57.74 47.66 40.33 34.05






Dividend (in cash or in shares) 2.64 2.60 2.53 2.45 2.39






Share closing price (highest) 62.66 75.19 61.90 48.94 43.35
Share closing price (lowest) 30.71 49.95 43.66 41.20 30.07
Share price at year-end 32.89 55.40 61.90 45.90 43.10
Average stock exchange turnover (shares per day) 438,421 350,634 175,046 148,567 111,742

* Indirect result of which from minority interests 2008 -€ 96.7 million (2007: € 76.9 million, 2006: € 17.4 million, 2005: € 29.3 million).

** Less repurchased shares.

Source: Annual Report 2008, Chapter Overview & Strategy, page 4 (PDF,476 kB)

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