Annual Report 2015-2016

Segment information
Income statement

Segment information 
Income statement
   1.4.2015 – 31.3.2016   1.4.2014 – 31.3.2015
in CHF thousandSwitzerlandGermanyNetherlandsHolding 1Consolidation 2TotalSwitzerlandGermanyNetherlandsHolding 1Consolidation 2Total
             
Rental income7 92010 855–280018 7477 59812 0521 9170021 567
Intercompany000932–93200001 088–1 0880
Total operating income7 92010 855–28932–93218 7477 59812 0521 9171 088–1 08821 567
Real estate expense–506–964–180550–938–564–1 263–558–11711–1 685
Maintenance and repairs–162–669000–831–147–686–52300–1 356
Net operating income7 2529 222–46932–38216 9786 88710 1038361 077–37718 526
             
Administrative expense–703–1 431–52–4 605382–6 409168–1 618–183–4 518377–5 774
Result from the sale of investment properties–27–195000–222–388–683–1 06700–2 138
             
Positive change in market value of investment properties6 9324 82300011 7553 2222860003 508
Negative changes in market value of investment properties–1 280–2 725000–4 005–3 339–31 590–2 06100–36 990
             
Earnings before interest and taxes (EBIT)12 1749 694–98–3 673018 0976 550–23 502–2 475–3 4410–22 868
Net financial expenses–1 067–3 1950–7 7100–11 972–2 658–6 173–338–33 1990–42 368
Changes in market value and derecognition of swaps61000061–14 2270000–14 227
Earnings before taxes11 1686 499–98–11 38306 186–10 335–29 675–2 813–36 6400–79 463
Income taxes1 689–23404201 497–4 744850–650–4 724
Earnings from continuing operations12 8576 265–98–11 34107 683–15 079–29 590–2 813–36 7050–84 187
Non-cash effects in EBIT5 6522 03857407 751–117–31 351–2 089–250–33 582

1The segment "Holding" is comprised of Züblin Immobilien Holding AG, Züblin Immobilien Management AG and Züblin Immobilière Belgium SA.

2Consolidation of Intercompany Management Fees and Property Management Fees in the income statement as well as intercompany loans and current accounts in the balance sheet.

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Annual Report 2015-2016

Annual Report 2015-2016 (16.03 MB)