Consolidated income statement and
consolidated statement of comprehensive income
Consolidated income statement
| in CHF thousand | Notes | 1.4.2011 to 31.3.2012 | 1.4.2010 to 31.3.2011 |
|---|---|---|---|
| Rental income | 1 | 73 178 | 91 160 |
| Total operating income | 73 178 | 91 160 | |
| Real estate expense | 3 | –7 436 | –7 144 |
| Maintenance and repairs | –2 131 | –3 090 | |
| Net operating income | 63 611 | 80 926 | |
| Administrative expense | 4 | –9 915 | –10 982 |
| Result from the sale of investment properties | 2 | –2 807 | 3 867 |
| Positive change in market value of investment properties | 8 | 33 591 | 33 857 |
| Negative change in market value of investment properties | 8 | –36 177 | –50 901 |
| Net change in market value of investment properties | –2 586 | –17 044 | |
| Earnings before interest and taxes (EBIT) | 48 303 | 56 767 | |
| Financial expense | 5 | –40 988 | –48 865 |
| Financial income | 5 | 2 344 | 2 065 |
| Earnings before taxes (EBT) | 9 659 | 9 967 | |
| Income taxes | 6 | –4 939 | –2 690 |
| Earnings | 4 720 | 7 277 | |
| of which attributable to: | |||
| – Shareholders of Züblin Immobilien Holding AG | 3 304 | –806 | |
| – Non-controlling interests | 1 416 | 8 083 | |
| Earnings per share | 7 | 0.06 | –0.01 |
| Diluted earnings per share | 7 | 0.06 | –0.01 |
Information contained in the notes to the consolidated annual financial statements is an integral part of the consolidated annual financial statements.
Consolidated statement of comprehensive income
| in CHF thousand | Notes | 1.4.2011 to 31.3.2012 | 1.4.2010 to 31.3.2011 |
|---|---|---|---|
| Earnings | 4 720 | 7 277 | |
| Change in cash flow hedges valuation | 18 | –25 747 | 18 348 |
| Income taxes | 18 | 3 717 | –1 429 |
| Change in net pension obligation | 22 | –300 | –34 |
| Currency translation adjustments | –19 646 | –24 001 | |
| Other comprehensive income | –41 976 | –7 116 | |
| Net comprehensive income | –37 256 | 161 | |
| of which attributable to: | |||
| – Shareholders of Züblin Immobilien Holding AG | –29 540 | –7 674 | |
| – Non-controlling interests | –7 716 | 7 835 |
Information contained in the notes to the consolidated annual financial statements is an integral part of the consolidated annual financial statements.