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ePaper created 2012-08-13, 18:07:14 | version 1.24.0
/ / / 7 DES Interim report for the first half of 2012 CONSOLIDATED INCOME STATEMENT in € thousand 01.04. – 30.06.2012 01.04. – 30.06.2011 after adjustment Revenue 52,541 46,695 Property operating costs -3,048 -2,687 Property management costs -2,490 -2,640 Net operating income (NOI) 47,003 41,368 Other operating income 10 66 Other operating expenses -1,670 -1,720 Earnings before interest and taxes (EBIT) 45,343 39,714 Interest income 197 291 Interest expense -16,208 -16,302 Profit / loss attributable to limited partners -4,738 -3,607 Net finance costs -20,749 -19,618 Measurement gains / losses -1,000 -463 of which excess of identified net assets acquired over cost of acquisition in accordance with IFRS 3: -€ 308 thousand (previous year: € 8,051 thousand) Earnings before tax (EBT) 23,594 19,633 Income tax expense -7,559 -5,806 Consolidated profit 16,035 13,827 Earnings per share (€), basic 0.31 0.27 Earnings per share (€), diluted 0.31 0.27 in € thousand 01.01. – 30.06.2012 01.01. – 30.06.2011 before adjustment 01.01. – 30.06.2011 adjustment 01.01. – 30.06.2011 after adjustment Revenue 104,476 91,093 91,093 Property operating costs -5,529 -4,428 -4,428 Property management costs -5,367 -5,153 -5,153 Net operating income (NOI) 93,580 81,512 0 81,512 Other operating income 765 145 145 Other operating expenses -3,123 -3,301 -3,301 Earnings before interest and taxes (EBIT) 91,222 78,356 0 78,356 Interest income 297 377 377 Interest expense -32,911 -31,627 -31,627 Profit / loss attributable to limited partners -9,532 -7,510 -7,510 Net finance costs -42,146 -38,760 0 -38,760 Measurement gains / losses -1,867 -859 69 -790 Earnings before tax (EBT) 47,209 38,737 69 38,806 Income tax expense -14,631 -6,408 -5,188 -11,596 Consolidated profit 32,578 32,329 -5,119 27,210 Earnings per share (€), basic 0.63 0.63 -0.10 0.53 Earnings per share (€), diluted 0.63 0.63 -0.10 0.53