EPRA earnings and EPRA earnings per share
CHF million | 1st half-year 2018 | 1st half-year 2017 | |||
Earnings according to IFRS income statement | 66.0 | ||||
Adjusted by: | |||||
Earnings from revaluation of investment real estate | –12.9 | –8.7 | |||
Earnings from sale of investment real estate | 0.0 | 0.0 | |||
Earnings from development real estate held for sale including impairment | –2.1 | –8.6 | |||
Pro-rata income tax on sales | 0.6 | 2.4 | |||
Negative goodwill / goodwill impairment | – | 0.0 | |||
Change in the market value of financial instruments | 6.0 | 6.6 | |||
Transaction costs for the purchase of shareholdings | – | – | |||
Deferred taxes on EPRA adjustments | 2.6 | 0.6 | |||
Effect on associated companies | – | – | |||
Minority interests on the above positions | – | – | |||
EPRA earnings | 64.5 | 58.3 | |||
Average number of outstanding shares | 15 887 687 | 15 934 047 | |||
EPRA earnings per share in CHF | 4.06 | 3.66 |