Financial Data

DIC Asset AG’s key figures at a glance

Key financial figures in EUR million

2021

2020

|Δ|

Gross rental income

108.4

100.7

7.7

Net rental income

91.2

82.2

9.0

Real estate management fees

101.2

79.7

21.5

Proceeds from sales of property

139.3

116.3

23.0

Total income

376.0

321.1

54.9

Profits on property disposals

23.8

32.0

8.2

Share of the profit or loss of associates

6.5

11.4

4.9

Funds from Operations (FFO)

107.2

96.5

10.7

Funds from Operations II
(including profit on disposals)

131.0

128.5

2.5

EBITDA

165.1

156.3

8.8

EBIT

122.1

117.6

4.5

Adjusted profit for the period

69.9

73.1

3.2

Profit for the period

58.4

73.1

14.7

Cash flow from operating activities

43.4

67.4

24.0

Key financial figures per share in EUR*

 

FFO per share

1.32

1.22

0.10

FFO II per share

1.61

1.62

0.01

Adjusted earnings per share

0.85

0.88

0.03

Earnings per share

0.71

0.88

0.17

Balance sheet figures in EUR million

31.12.2021

31.12.2020

|Δ|

Investment property

1,756.7

1,600.0

156.7

Non-current assets held for sale (IFRS 5)

238.7

126.1

112.6

Equity

1,134.0

1,108.4

25.6

Financial liabilities (incl. IFRS 5)

2,207.4

1,474.4

733.0

Total assets

3,493.7

2,724.2

769.5

Loan-to value ratio (LtV) in %**

48.5 %

44.5 %

4.0

Adjusted LtV in % ** / ****

41.1 %

39.2 %

1.9

NAV per share (in Euro)

18.44

17.49

0.95

Adjusted NAV per share (in Euro)****

25.00

22.04

2.96

Key operating figures

31.12.2021

31.12.2020

Number of properties

237

189

Assets under Management in EUR billion

11.5

9.6

Rental space in sqm

3,143,200

2,219,700

Letting result in sqm

309,100

269,900

Key operating figures (Commercial Portfolio)***

 

Annualised rental income in EUR million

105.5

95.8

EPRA vacancy rate in %

5.3

5.4

WALT in years

5.9

6.5

Avg. rent per sqm in EUR

11.39

10.81

Gross rental yield in %

4.9

4.9

* all per share figueres adjusted accordance with IFRSs (number of shares 12M 2021: 81,504,495; 12M 2020: 79,421,254)

** adjusted for warehousing

*** Calculated for the Commercial Portfolio only, without repositioning and warehousing

**** incl. full value of Institutional Business