Statement of comprehensive income

All amounts in € thousands unless otherwise stated


	Note	2014		2013
Gross rental income	6	35,662		37,620
Service charge income	6	1,930		1,982
Other income		159		207
Revenues			37,751		39,809

Service charge expenses		(2,203)		(2,329)
Property operating expenses	7	(4,631)		(4,533)
			(6,834)		(6,862)
Net rental income			30,917		32,947

Profit (loss) on sales of investment property			(8,356)		694
Positive fair value adjustment completed investment property		2,465		921
Negative fair value adjustment completed investment property		(40,846)		(35,015)
Net valuation gain (loss) on investment property	12		(38,381)		(34,094)

Net valuation gain (loss) on investment property under construction	13		30,254		50,846

Administrative expenses	8		(3,254)		(3,171)
Result before finance result			11,180		47,222

Finance income	9	5		4
Net finance result			5		4

Result of participation	14		-		-

Result before tax			11,185		47,226
Income taxes	10		-		(77)
Result for the year			11,185		47,149

Items that will not be reclassified subsequently to comprehensive income			-		-
Items that may be reclassified subsequently to comprehensive income			-		-
Total comprehensive income for the year, net of tax			11,185		47,149

Net result attributable to shareholders			11,185		47,149
Total comprehensive income attributable to shareholders			11,185		47,149

Earnings per share (€)
Basic earnings per share	19		46.76		203.15
Diluted earnings per share			46.76		203.15