Consolidated Income Statement

in € million

Jan. 1– Sep. 30, 2020

Jan. 1– Sep. 30, 2021

Jul. 1– Sep. 30, 2020

Jul. 1– Sep. 30, 2021

Income from property letting

2,287.3

2,359.8

766.5

789.9

Other income from property management

53.3

57.0

17.8

19.1

Income from property management

2,340.6

2,416.8

784.3

809.0

Income from disposal of properties

451.2

471.7

133.6

114.8

Carrying amount of properties sold

-366.3

-403.4

-106.5

-92.6

Revaluation of assets held for sale

42.7

21.8

27.8

-9.7

Profit on disposal of properties

127.6

90.1

54.9

12.5

Income from the disposal of properties (Development)

181.6

328.8

74.1

137.1

Cost of sold properties

-145.0

-270.3

-61.3

-110.1

Profit on the disposal of properties (Development)

36.6

58.5

12.8

27.0

Net income from fair value adjustments of investment properties

1,830.2

5,073.0

17.9

1,374.4

Capitalized internal expenses

468.6

483.5

171.1

171.3

Cost of materials

-1,072.3

-1,099.8

-367.3

-378.0

Personnel expenses

-432.7

-446.8

-140.1

-141.8

Depreciation and amortization

-66.4

-255.8

-24.2

-21.5

Other operating income

109.8

186.6

46.8

121.0

Impairment losses on financial assets

-22.7

-15.2

-6.0

-7.0

Net income from the derecognition of financial assets measured at amortized cost

0.8

-1.5

-0.1

-0.6

Other operating expenses

-187.7

-272.1

-55.6

-82.6

Net income from investments accounted for using the equity method

0.5

1.2

0.2

1.0

Interest income

17.5

4.9

2.8

1.0

Interest expenses

-310.2

-280.5

-95.1

-100.7

Other financial result

-8.5

-109.7

-12.7

-43.1

Earnings before tax

2,831.7

5,833.2

389.7

1,741.9

Income taxes

-940.1

-1,964.1

-116.2

-552.9

Profit for the period

1,891.6

3,869.1

273.5

1,189.0

Attributable to:

Vonovia’s shareholders

1,818.1

3,782.9

260.1

1,176.2

Vonovia’s hybrid capital investors

22.4

22.4

7.6

7.6

Non-controlling interests

51.1

63.8

5.8

5.2

Earnings per share (basic and diluted) in €

3.33

6.63

0.47

2.04