Key figures at a glance

   

2016

31.12.2016*

  

2015

31.12.2015*

  

Change in %1

Group

        

Total sales2

CHF million

 

671.7

  

793.9

  

–15.4

Operating profit (EBIT) incl. revaluation gains

CHF million

 

265.6

  

193.2

  

+37.5

Net profit incl. revaluation effect

CHF million

 

173.6

  

121.9

  

+42.4

Operating profit (EBIT) excl. revaluation gains

CHF million

 

180.6

  

177.4

  

+1.8

Net profit excl. revaluation effect

CHF million

 

112.2

  

109.7

  

+2.3

Cash flow

CHF million

 

246.7

  

33.7

  

–

Return on equity incl. revaluation effect

%

  

8.5

  

6.2

  

+2.3

Return on equity excl. revaluation effect

%

  

5.9

  

5.9

  

–

Equity ratio on cut-off date

%

  

52.3

  

48.2

  

+4.1

Net gearing on cut-off date3

%

  

75.7

  

88.0

  

–12.3

Average interest rate on financial liabilities on cut-off date

%

  

1.67

  

2.15

  

–0.48

Average duration of financial liability

months

  

36

  

52

  

–16

Sales Projects & Development division

CHF million

 

493.7

  

612.9

  

–19.4

Earnings from Projects & Development division4

CHF million

  

84.0

  

78.8

  

+6.6

Operating margin Projects & Development division5

%

  

41.0

  

27.4

  

+13.6

Employees on cut-off date

full-time equivalents

  

276

  

312

  

–36

Allreal Holding AG

        

Net profit

CHF million

 

41.7

  

28.9

  

+44.3

Share capital

CHF million

 

797.1

  

797.1

  

–

Share

        

Earnings per share incl. revaluation effect

CHF

  

10.90

  

7.66

  

+42.3

Earnings per share excl. revaluation effect

CHF

  

7.04

  

6.89

  

+2.2

Net asset value (NAV) per share before deferred tax on cut-off date CHF

  

140.90

  

132.95

  

+6.0

Net asset value (NAV) per share after deferred tax on cut-off date CHF

  

131.00

  

125.35

  

+4.5

Profit distribution per share6

CHF

  

5.75

  

5.75

  

–

Share price on cut-off date

CHF

  

151.30

  

133.60

  

+13.2

Dividend/Profit distribution yield6

%

  

3.8

  

4.3

  

–0.5

Valuation on cut-off date

        

Market capitalisation7

CHF million

 

2 410.3

  

2 125.5

  

+13.4

Enterprise value8

CHF million

 

3 989.6

  

3 879.7

  

+2.8

* Should no further particulars be given, values referring to the income statement concern the full year and balance sheet value the cut-off dates 31.12.2016 resp. 31.12.2015

1 Changes in quantum and percentage values shown as absolute difference

2 Sales resulting from rental of investment real estate plus completed project volume Projects & Development division

3 Finance liabilities minus cash and marketable securities as percentage of equity

4 Income from realisation in Projects & Development, Sales Development, capitalised company-produced assets and various revenues minus direct expenses from realisation in
Projects & Development, Sales Development

5 EBIT excl. revaluation and restoration of value adjustments on projects as percentage of profit from business activity (balance of operating income,
direct operating expenses and capitalised company-produced)

6 Board of directors proposal of CHF 5.75 per share for the 2016 financial year by means of repayment of reserves from capital contributions

7 Stock price at balance sheet date multiplied by the number of outstanding shares

8 Market capitalisation plus net finance debts