EPRA earnings and EPRA earnings per share
CHF Mio. | 2018 | 2017 | ||
Earnings according to IFRS income statement | 161.0 | 129.2 | ||
Adjusted by: | ||||
Earnings from revaluation of investment real estate | –60.6 | –21.8 | ||
Earnings from sale of investment real estate | 0.0 | 0.0 | ||
Earnings from development real estate held for sale incl. impairment | –5.5 | –11.8 | ||
Pro-rata income tax on sales | 1.5 | 3.2 | ||
Negative goodwill / goodwill impairment | – | – | ||
Change in the market value of financial instruments | 9.4 | 10.3 | ||
Transaction costs for the purchase of shareholdings | – | 0.0 | ||
Deferred taxes on EPRA adjustments | 15.2 | 5.9 | ||
Effect on associated companies | – | 0.0 | ||
Minority interests on the above positions | – | 0.0 | ||
EPRA earnings | 121.0 | 115.0 | ||
Average number of outstanding shares | 15 887 988 | 15 928 974 | ||
EPRA earnings per share in CHF | 7.62 | 7.23 |