Annual Report 2015-2016

Key figures

Key figures
in CHF million1.4.2015 to 31.3.20161.4.2014 to 31.3.20151.4.2013 to 31.3.20141.4.2012 to 31.3.20131.4.2011 to 31.3.2012
Income statement     
from continuing operations     
Rental income18.721.632.755.073.0
Change in market value of investment properties7.8–33.5–28.2–81.0–3.0
EBITDA10.613.221.735.054.0
Earnings–18.9–212.2–63.8–89.44.7
– from continuing operations7.7–84.2–49.6n.a.n.a.
– from discontinuing operations–26.6–128.0–14.1n.a.n.a.
EPRA Return on equity–15.1%–301.8%–24.1%–26.9%1.2%
      
Balance sheet     
Investment properties3315317911 0651 206
– from continuing operations331322n.a.n.a.n.a.
– from discontinuing operations0209n.a.n.a.n.a.
Equity9026224264338
Equity Ratio25.1%4.8%26.6%23.1%26.3%
EPRA Equity12670265332410
EPRA Equity ratio35.3%12.7%31.5%29.1%31.8%
Mortgages210370485700774
– from continuing operations210218n.a.n.a.n.a.
– from discontinuing operations0152n.a.n.a.n.a.
Loan to value63.4%69.7%61.3%65.7%64.2%
– from continuing operations63.4%67.9%n.a.n.a.n.a.
– from discontinuing operationsn.a.72.5%n.a.n.a.n.a.

The above Key figures are either deducted directly from the consolidated income statement or balance sheet, explained in the definition of terms on pages 159 to 161 or calculated in the EPRA Performance Measures on pages 133 to 136.

in CHF million1.4.2015 to 31.3.20161.4.2014 to 31.3.20151.4.2013 to 31.3.20141.4.2012 to 31.3.20131.4.2011 to 31.3.2012
Key figures per share in CHF     
Earnings of shareholders 1–5.70–65.03–20.04–31.001.26
– from continuing operations2.68–32.08–18.91–31.001.26
– from discontinuing operations–8.38–32.95–1.14n.a.n.a.
NAV per share 226.989.1068.1180.78107.55
EPRA NAV per share 237.9324.6681.53102.83130.73
Share price 218.5024.7544.1053.3356.70
Portfolio     
Annual rental income19.124.032.753.163.5
– from continuing operations19.118.823.4n.a.n.a.
– from discontinuing operationsn.a.5.29.3n.a.n.a.
EPRA Net Initial Yield (NIY)4.9%2.8%2.1%5.2%5.4%
– from continuing operations4.9%4.7%n.a.n.a.n.a.
– from discontinuing operationsn.a.0.6%n.a.n.a.n.a.
Average interest rate1.8%2.6%4.1%4.4%4.5%
– from continuing operations1.8%2.0%n.a.n.a.n.a.
– from discontinuing operationsn.a.3.5%n.a.n.a.n.a.
Vacancy rate monetary9.0%41.4%42.9%10.5%11.4%
– from continuing operations9.0%13.7%20.5%n.a.n.a.
– from discontinuing operationsn.a.72.8%66.5%n.a.n.a.

1prior year figures adjusted based on recalculated average number of shares in order to consider share split and reverse split

2prior year figures adjusted by factor 22.5 to consider share split and reverse split

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Annual Report 2015-2016

Annual Report 2015-2016 (16.03 MB)