EPRA earnings and EPRA earnings per share
CHF million | 2016 | 2015 | |||
Earnings according to IFRS income statement | 173.6 | 121.9 | |||
Adjusted by: | |||||
Earnings from revaluation of investment real estate | –85.0 | –15.8 | |||
Earnings from sale of investment real estate | –5.6 | –21.1 | |||
Earnings from development real estate held for sale including impairment | –34.6 | –18.0 | |||
Pro-rata income tax on sales | 14.7 | 11.4 | |||
Negative goodwill/goodwill impairment | 0.0 | 0.0 | |||
Change in the market value of financial instruments | 17.9 | 5.1 | |||
Transaction costs for the purchase of shareholdings | 0.0 | 0.0 | |||
Deferred taxes on EPRA adjustments | 23.6 | 3.6 | |||
Effect on associated companies | 0.0 | 0.0 | |||
Minority interests on the above positions | 0.0 | 0.0 | |||
EPRA earnings | 104.6 | 87.1 | |||
Average number of outstanding shares | 15 928 815 | 15 907 369 | |||
EPRA earnings per share in CHF | 6.57 | 5.47 |