1 General Information
Vonovia SE is incorporated and domiciled in Germany. The company is registered in the commercial register in Bochum under HRB 16879. Its registered office is at Universitätsstrasse 133, 44803 Bochum, Germany.
The consolidated financial statements as of and for the year ended December 31, 2021 have been prepared in accordance with the International Financial Reporting Standards (IFRS) as adopted in the EU. In addition, the supplementary commercial law provisions under Section 315e (1) of the German Commercial Code (HGB) have been observed. Changes due to reclassifications are set out in chapter [A2] Adjustment to Prior-year Figures.
The consolidated financial statements have been prepared on the basis of amortized cost except for investment properties, assets held for sale, derivative financial instruments, plan assets and equity instruments at fair value in other comprehensive income. These are measured at their fair value. The income statement has been prepared using the nature of expense method.
These consolidated financial statements are presented in euros, which is the Group’s functional currency. Unless stated otherwise, all figures are shown in million euros (€ million).
The following overview indicates the chapters on the individual topics containing disclosures on accounting policies, judgments and estimates:
Overview chapters containing accounting policies, judgments, estimates
Accounting policies, judgments, estimates
Profit for the period
Profit on the disposal of properties
Earnings per share
Other intangible assets
Property, plant and equipment
Impairment losses on financial assets
Cash and cash equivalents
Real estate inventories
Assets and liailities held for sale
Non-derivative financial liabilities
Liabilities to non-controlling interests
Financial liabilities from tenant financing