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ePaper created 2012-05-14, 19:36:25 | version 1.23.5
/ / / 7 DES Interim Report, Q1 2012 Consolidated income statement in D thousands 01.01. – 31.03.2012 01.01. – 31.03.2011 before adjustment 01.01. – 31.03.2011 adjustment 01.01. – 31.03.2011 after adjustment Revenue 51,935 44,398 44,398 Property operating costs -2,481 -1,741 -1,741 Property management costs -2,877 -2,513 -2,513 Net operating income (NOI) 46,577 40,144 0 40,144 Other operating income 755 79 79 Other operating expenses -1,453 -1,581 -1,581 Earnings before interest and taxes (EBIT) 45,879 38,642 0 38,642 Interest income 100 86 86 Interest expense -16,703 -15,325 -15,325 Profit / loss attributable to limited partners -4,794 -3,903 -3,903 Net finance costs -21,397 -19,142 0 -19,142 Measurement gains / losses -867 -396 69 -327 of which excess of identified net assets acquired over cost of acquisition in accordance with IFRS 3: -D308 thousand (previous year: D8,052 thousand) Earnings before tax (EBT) 23,615 19,104 69 19,173 Income tax expense -7,072 -3,148 -2,642 -5,790 Consolidated profit 16,543 15,956 -2,573 13,383 Earnings per share (D), basic 0.32 0.31 -0.05 0.26 Earnings per share (D), diluted 0.32 0.31 -0.05 0.26 Consolidated statement of comprehensive income in D thousands 01.01. – 31.03.2012 01.01. – 31.03.2011 before adjustment 01.01. – 31.03.2011 adjustment 01.01. – 31.03.2011 after adjustment Consolidated profit 16,543 15,956 -2,573 13,383 Changes due to currency translation effects 0 -64 -64 Changes in cash flow hedge -1,259 5,924 5,924 Deferred taxes on changes in value offset directly against equity 79 -925 -490 -1,415 Total earnings recognised directly in equity -1,180 4,935 -490 4,445 Total profit 15,363 20,891 -3,063 17,828 Share of Group shareholders 15,363 20,891 -3,063 17,828