CHF million | Real estate | Projects & | Total segments | Holding/ eliminations | Total | |||||
Income statement | ||||||||||
Operating income | 89.8 | 230.4 | 320.2 | 0.0 | 320.2 | |||||
Profit from intercompany services | –2.5 | 2.8 | 0.3 | –0.3 | 0.0 | |||||
Direct operating expenses | –11.1 | –197.1 | –208.2 | 0.0 | –208.2 | |||||
Operating expenses | –3.7 | –25.5 | –29.2 | –1.0 | –30.2 | |||||
Capitalised company-produced assets | 0.0 | 4.1 | 4.1 | 0.0 | 4.1 | |||||
Earnings from sale of investment real estate | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | |||||
Earnings from revaluation of investment real estate | 8.7 | 0.0 | 8.7 | 0.0 | 8.7 | |||||
EBITDA | 81.2 | 14.7 | 95.9 | –1.3 | 94.6 | |||||
Depreciation and amortisation | 0.0 | –0.2 | –0.2 | 0.0 | –0.2 | |||||
Operating profit (EBIT) | 81.2 | 14.5 | 95.7 | –1.3 | 94.4 | |||||
Financial income | 0.9 | 0.0 | 0.9 | 0.0 | 0.9 | |||||
Financial expense | –14.0 | –0.4 | –14.4 | 0.0 | –14.4 | |||||
Tax expense | –11.2 | –3.4 | –14.6 | –0.3 | –14.9 | |||||
Net profit | 56.9 | 10.7 | 67.6 | –1.6 | 66.0 | |||||
EBITDA excl. revaluation gains | 72.5 | 14.7 | 87.2 | –1.3 | 85.9 | |||||
Operating profit (EBIT) excl. revaluation gains | 72.5 | 14.5 | 87.0 | –1.3 | 85.7 | |||||
Net profit excl. revaluation effect | 50.2 | 10.7 | 60.9 | –1.6 | 59.3 | |||||
Operating margin in percent1 | 92.1 | 38.8 | 74.9 | 0.0 | 73.8 | |||||
Rental income and income from real estate management | 89.8 | 0.0 | 89.8 | 0.0 | 89.8 | |||||
Completed project volume third-party projects | 0.0 | 163.8 | 163.8 | 0.0 | 163.8 | |||||
Completed project volume own projects | 0.0 | 40.0 | 40.0 | 0.0 | 40.0 | |||||
Total sales (according to internal reporting) | 89.8 | 203.8 | 293.6 | 0.0 | 293.6 | |||||
less sales from intercompany services | 0.0 | –29.1 | –29.1 | 0.0 | –29.1 | |||||
Total sales to third parties | 89.8 | 174.7 | 264.5 | 0.0 | 264.5 | |||||
plus reconciliation item external reporting | 0.0 | 54.6 | 54.6 | 0.0 | 54.6 | |||||
Diverse income | 0.0 | 1.1 | 1.1 | 0.0 | 1.1 | |||||
Operating income | 89.8 | 230.4 | 320.2 | 0.0 | 320.2 | |||||
| ||||||||||
Non-current assets | 3 758.0 | 2.1 | 3 760.1 | 0.0 | 3 760.1 | |||||
Current assets | 7.9 | 229.2 | 237.2 | 0.9 | 238.1 | |||||
Total assets | 3 765.9 | 231.4 | 3 997.3 | 0.9 | 3 998.2 | |||||
Provisions | 0.0 | 11.9 | 11.9 | 0.0 | 11.9 | |||||
Other debt (excl. financing and taxes) | 8.7 | 69.0 | 77.7 | 0.0 | 77.7 | |||||
Financial liabilities | 1 586.0 | 48.6 | 1 634.6 | 0.0 | 1 634.6 | |||||
Tax liabilities | 190.7 | 9.3 | 200.0 | 0.0 | 200.0 | |||||
Total debt | 1 785.4 | 138.8 | 1 924.2 | 0.0 | 1 924.2 | |||||
Total assigned equity2 | 1 980.5 | 92.6 | 2 073.1 | 0.9 | 2 074.0 | |||||
Investment in non-current assets | 26.7 | 0.2 | 26.9 | 0.0 | 26.9 |
1 EBIT less revaluation gains in percent of income from business activity (balance of operating income, direct operating expenses, capitalised company-produced assets and earnings from sale of investment real estate)
2 Assignment of equity to individual segments corresponds to internal financial reporting guidelines requiring an equity ratio of 40% for the Projects & Development division; financial and tax liabilities will be assigned accordingly
Allreal Group operates in Switzerland only. A geographical breakdown of sales and non-current assets is therefore not required.