CHF million | Real estate | Projects & | Total segments | Holding/ eliminations | Total | |||||
Income statement | ||||||||||
Operating income | 100.9 | 169.1 | 270.0 | 0.0 | 270.0 | |||||
Profit from intercompany services | –3.8 | 4.1 | 0.3 | –0.3 | 0.0 | |||||
Direct operating expenses | –8.9 | –145.3 | –154.2 | 0.0 | –154.2 | |||||
Operating expenses | –1.8 | –24.6 | –26.4 | –0.7 | –27.1 | |||||
Capitalised company-produced assets | 0.0 | 3.4 | 3.4 | 0.0 | 3.4 | |||||
Earnings from revaluation of investment real estate | 12.9 | 0.0 | 12.9 | 0.0 | 12.9 | |||||
EBITDA | 99.3 | 6.7 | 106.0 | –1.0 | 105.0 | |||||
Depreciation and amortisation | 0.0 | –0.1 | –0.1 | 0.0 | –0.1 | |||||
Operating profit (EBIT) | 99.3 | 6.6 | 105.9 | –1.0 | 104.9 | |||||
Financial income | 0.9 | 0.0 | 0.9 | 0.0 | 0.9 | |||||
Financial expense | –14.5 | –0.5 | –15.0 | 0.0 | –15.0 | |||||
Tax expense | –19.0 | –1.2 | –20.2 | –0.3 | –20.5 | |||||
Net profit | 66.7 | 4.9 | 71.6 | –1.3 | 70.3 | |||||
EBITDA excl. revaluation gains | 86.4 | 6.7 | 93.1 | –1.0 | 92.1 | |||||
Operating profit (EBIT) excl. revaluation gains | 86.4 | 6.6 | 93.0 | –1.0 | 92.0 | |||||
Net profit excl. revaluation effect | 57.7 | 4.9 | 62.6 | –1.3 | 61.3 | |||||
Operating margin in percent1 | 93.9 | 24.3 | 78.0 | 0.0 | 77.2 | |||||
Rental income and income from real estate management | 100.9 | 0.0 | 100.9 | 0.0 | 100.9 | |||||
Completed project volume third-party projects | 0.0 | 140.1 | 140.1 | 0.0 | 140.1 | |||||
Completed project volume own projects | 0.0 | 25.9 | 25.9 | 0.0 | 25.9 | |||||
Total sales (according to internal reporting) | 100.9 | 166.0 | 266.9 | 0.0 | 266.9 | |||||
less sales from intercompany services | 0.0 | –15.9 | –15.9 | 0.0 | –15.9 | |||||
Total sales to third parties | 100.9 | 150.1 | 251.0 | 0.0 | 251.0 | |||||
plus reconciliation item external reporting | 0.0 | 17.5 | 17.5 | 0.0 | 17.5 | |||||
Diverse income | 0.0 | 1.5 | 1.5 | 0.0 | 1.5 | |||||
Operating income | 100.9 | 169.1 | 270.0 | 0.0 | 270.0 | |||||
| ||||||||||
Non-current assets | 4 131.4 | 14.8 | 4 146.2 | 0.0 | 4 146.2 | |||||
Current assets | 10.9 | 200.0 | 210.9 | 3.7 | 214.6 | |||||
Total assets | 4 142.3 | 214.8 | 4 357.1 | 3.7 | 4 360.8 | |||||
Provisions | 0.0 | 4.0 | 4.0 | 0.0 | 4.0 | |||||
Other debt (excl. financing and taxes) | 7.5 | 54.4 | 61.9 | 99.4 | 161.3 | |||||
Financial liabilities | 1 796.2 | 59.6 | 1 855.8 | 0.0 | 1 855.8 | |||||
Tax liabilities | 202.6 | 10.9 | 213.5 | 0.7 | 214.2 | |||||
Total debt | 2 006.3 | 128.9 | 2 135.2 | 100.1 | 2 235.3 | |||||
Total assigned equity2 | 2 136.0 | 85.9 | 2 221.9 | –96.4 | 2 125.5 | |||||
Investment in non-current assets | 15.0 | 0.0 | 15.0 | 0.0 | 15.0 |
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.