DIC Asset Aktiengesellschaft · Real estate company

DIC Asset
DIC Asset
DIC Asset
DIC Asset
DIC Asset

CONSOLIDATED BALANCE SHEET as at 31.12.2019

 

Assets in EUR thousand 31.12.2019 31.12.2018
Goodwill 177,892 0
Investment property 1,623,030 1,459,002
Property, plant and equipment* 10,285 554
Investments in associates 71,212 86,988
Loans to related parties 119,527 130,206
Other investments 53,611 382,578
Intangible assets 21,486 266
Deferred tax assets 28,545 26,877
     
Total non-current assets 2,105,588 2,086,471
     
Receivables from sale of investment property 488 515
Trade receivables 11,634 4,182
Receivables from related parties 11,002 9,382
Income tax receivable 15,491 11,353
Other receivables 41,448 26,406
Other current assets 20,402 1,545
Cash and cash equivalents 351,236 286,903
     
  451,701 340,286
     
Non-current assets held for sale 100,154 63,294
     
Total current assets 551,855 403,580
     
Total assets 2,657,443 2,490,051


*Previous year: office furniture and equipment; change made due to first-time application of IFRS 16>

 

Equity and liabilities in EUR thousand 31.12.2019 31.12.2018
EQUITY    
Issued capital 72,214 70,526
Share premium 763,909 749,816
Hedging reserve -1,406 1,243
Reserve for financial instruments classified as at fair value through other comprehensive income 4,775 69,515
Retained earnings 125,170 1,275
     
Total shareholders‘ equity 964,662 892,375
Non-controlling interest 4,116 3,546
     
Total equity 968,778 895,921
     
LIABILITIES    
Corporate bonds 324,896 323,372
Non-current interest-bearing loans and borrowings 967,374 857,601
Deferred tax liabilities 30,493 16,674
Derivatives 1,729 0
Other non-current liabilities 6,709 0
     
Total non-current liabilities 1,331,201 1,197,647
     
Corporate bonds 0 174,450
Current interest-bearing loans and borrowings 219,856 125,681
Trade payables 3,443 2,149
Liabilities to related parties 16,582 16,104
Derivatives 0 14,847
Income tax payable 20,689 8,627
Other liabilities 61,863 54,625
  322,433 396,483
     
Liabilities related to non-current assets held for sale 35,031 0
     
Total current liabilities 357,464 396,483
     
Total liabilities 1,688,665 1,594,130
     
Total equity and liabilities 2,657,443 2,490,051