EPRA equity (NAV)

CHF million

   

30.06.2018

  

31.12.2017

Equity (NAV) according to consolidated financial statements

   

2 125.5

 

2 150.7

Dilution effects due to options, convertible bonds and other equity instruments

  

0.0

  

0.0

Diluted equity (NAV) after options, convertible bonds and other equity instruments

  

2 125.5

 

2 150.7

Plus:

      

Revaluation of investment real estate (if acquisition cost model in accordance with IAS 40)

  

–

  

–

Revaluation of investment real estate under construction
(if acquisition cost model in accordance with IAS 40)

  

–

  

–

Revaluation of other assets

   

–

  

–

Revaluation of real estate tenancies under finance leases

   

–

  

–

Valuation difference on development real estate

   

2.5

  

1.8

Less:

      

Market value of derivative financial instruments

   

20.4

  

25.1

Deferred taxes

   

190.5

  

200.2

Goodwill from deferred taxes

   

–

  

–

Effect on associated companies

   

–

  

–

EPRA equity (NAV)

   

2 338.9

 

2 377.8
Number of outstanding shares (diluted)   

15 888 298

 

15 929 790

EPRA equity (NAV) per share in CHF

   

147.20

  

149.85