DES Nine-Month Report 2012

/ / / 7 DES Nine-month report 2012 Consolidated income statement in € thousand 01.07. – 30.09.2012 01.07. – 30.09.2011 after adjustment Revenue 52,638 46,891 Property operating costs -2,508 -2,337 Property management costs -2,637 -3,034 Net operating income (NOI) 47,493 41,520 Other operating income 271 97 Other operating expenses -1,652 -2,039 Earnings before interest and taxes (EBIT) 46,112 39,578 Income from investments 1 1 Interest income 63 226 Interest expense -16,820 -16,609 Profit/loss attributable to limited partners -4,546 -3,709 Net finance costs -21,302 -20,091 Measurement gains/losses -969 -255 of which excess of identified net assets acquired over cost of acquisition in accordance with IFRS 3: -€308 thousand (previous year: €7,297 thousand) Earnings before tax (EBT) 23,841 19,232 Income tax expense -6,481 -6,414 Consolidated profit 17,360 12,818 Earnings per share (€), basic 0.34 0.25 Earnings per share (€), diluted 0.34 0.25 in € thousand 01.01. – 30.09.2012 01.01. – 30.09.2011 before adjustment 01.01. – 30.09.2011 adjustment 01.01. – 30.09.2011 after adjustment Revenue 157,114 137,984 137,984 Property operating costs -8,037 -6,765 -6,765 Property management costs -8,004 -8,187 -8,187 Net operating income (NOI) 141,073 123,032 0 123,032 Other operating income 1,036 242 242 Other operating expenses -4,775 -5,340 -5,340 Earnings before interest and taxes (EBIT) 137,334 117,934 0 117,934 Income from investments 1 1 1 Interest income 360 603 603 Interest expense -49,731 -48,236 -48,236 Profit/loss attributable to limited partners -14,078 -11,219 -11,219 Net finance costs -63,448 -58,851 0 -58,851 Measurement gains/losses -2,836 -1,298 253 -1,045 Earnings before tax (EBT) 71,050 57,785 253 58,038 Income tax expense -21,112 -17,757 -253 -18,010 Consolidated profit 49,938 40,028 0 40,028 Earnings per share (€), basic 0.97 0.78 0.00 0.78 Earnings per share (€), diluted 0.97 0.78 0.00 0.78

DES Nine-Month Report 2012

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