DIC Asset AG’s key figures at a glance
Key financial figures in EUR million |
2022 |
2021 |
|Δ| |
Gross rental income |
176.0 |
108.4 |
67.6 |
Net rental income |
152.5 |
91.2 |
61.3 |
Real estate management fees |
88.4 |
101.2 |
12.8 |
Proceeds from sales of property |
51.5 |
139.3 |
87.8 |
Profits on property disposals |
12.7 |
23.8 |
11.1 |
Share of the profit or loss of associates |
18.9 |
6.5 |
12.4 |
Funds from Operations (FFO) |
114.2 |
107.2 |
7.0 |
Funds from Operations II |
126.9 |
131.0 |
4.1 |
EBITDA |
194.4 |
165.1 |
29.3 |
EBIT |
120.5 |
122.1 |
1.6 |
Adjusted profit for the period |
52.2 |
69.9 |
17.7 |
Profit for the period |
42.9 |
58.4 |
15.5 |
Cash flow from operating activities |
158.9 |
43.4 |
115.5 |
Key financial figures per share in EUR* |
2022 |
2021 |
|Δ| |
FFO per share |
1.38 |
1.32 |
0.06 |
FFO II per share |
1.53 |
1.61 |
0.08 |
Earnings per share |
0.38 |
0.71 |
0.33 |
Balance sheet figures in EUR million |
31.12.2022 |
31.12.2021 |
Investment property |
3,673.3 |
1,756.7 |
Non-current assets held for sale (IFRS 5) |
540.8 |
238.7 |
Equity |
1,664.1 |
1,134.0 |
Financial liabilities (incl. IFRS 5) |
3,168.4 |
2,207.4 |
Total assets |
5,180.3 |
3,493.7 |
Loan-to value ratio (LtV) in %** |
57.8 % |
48.5 % |
Adjusted LtV in % ** / **** |
54.7 % |
41.1 % |
NAV per share (in Euro) |
18.29 |
18.44 |
Adjusted NAV per share (in Euro)**** |
21.84 |
25.00 |
Key operating figures |
31.12.2022 |
31.12.2021 |
Number of properties |
360 |
237 |
Assets under Management in EUR billion |
14.7 |
11.5 |
Rental space in sqm |
4,794,600 |
3,143,200 |
Letting result in sqm |
374,900 |
309,100 |
Key operating figures (Commercial Portfolio)*** |
31.12.2022 |
31.12.2021 |
Annualised rental income in EUR million |
203.8 |
105.5 |
EPRA vacancy rate in % |
4.3 |
5.3 |
WALT in years |
5.5 |
5.9 |
Avg. rent per sqm in EUR |
8.26 |
11.39 |
Gross rental yield in % |
4.8 |
4.9 |
* Adjusted for non-recurring costs acquisition VIB
** All per share figures adjusted in accordance with IFRSs (number of shares 12M 2022: 82,689,478; 12M 2021: 81,504,495)
*** All per share figures adjusted in accordance with IFRSs (number of shares 31.12.2022: 83,152,366; 31.12.2021: 81,861,163
**** Adjusted for warehousing
***** Calculated for the Commercial Portfolio only, without repositioning and warehousing
****** Incl. full value of Institutional Business