Annual Key Figures



in EUR m 2012 2013 2014 2015 2016 2017
             
Deutsche Wohnen AG Financial Statements              
Fixed assets 440.3 2,479.6 2,600.1 3,123.3 3,127.0 3,444.5
Current assets 813.9 952.0 2,415.2 3,809.1 3,846.9 4,604.2
Equity 1,064.2 3,018.3 3,309.2 4,166.5 4,098.7 3,812.3
Net financial liabilities 105.9 329.9 366.5 653.3 1,022.0 2,102.8
Total assets 1,254.3 3,473.5 5,078.3 6,933.9 6,975.3 8,052.6
Annual result -8.9 -12.4 177.4 127.6 110.4 -571.0
Balance sheet profit/loss 33.8 57.4 177.4 225.1 270.8 331.0
             
Profit and loss statement             
Earnings from Residential Property Management 194.4 292.3 505.8 519.2 586.4 612.8
Earnings from Disposals 19.9 23.0 52.4 68.9 54.3 50.3
Earnings from Nursing and Assisted Living 9.9 13.2 16.3 15.6 16.8 48.0
Corporate expenses -40.4 -52.9 -90.5 -74.7 -73.7 -81.3
EBITDA (adjusted) 196.5 252.9 454.5 465.0 575.1 600.8
EBT (adjusted) 78.5 131.9 283.3 384.4 453.7 501.7
EBT (as reported) 205.6 217.9 1,021.5 1,787.2 2,489.2 2,598.2
Group profit after taxes 145.5 212.7 889.3 1,206.6 1,623.2 1,763.3
FFO I (without disposals) 68.2 114.5 217.6 303.0 383.9 432.3
FFO II (incl. disposals) 88.1 137.5 270.0 371.9 438.2 482.6
             
Balance sheet             
Investment properties 4,614.6 8,937.1 9,611.0 11,859.1 16,005.1 19,628.4
Current assets 188.5 400.6 882.9 901.2 669.2 772.9
Equity 1,609.7 3,944.3 4,876.1 6,872.0 8,234.0 10,211.0
Net financial liabilities 2,678.0 5,208.4 5,131.3 4,582.2 6,185.2 6,883.6
Loan-to-Value-ratio (LTV) in % 57.2% 57.3% 51.0% 38.0% 37.7% 34.5%
Total assets 4,907.9 10,173.1 11,446.2 13,700.1 16,783.6 20,539.4
             
Share             
Share price as of 31/12 (in EUR) 14.001)  14.041)  19.581)  25.62 29.84 36.461) 
Number of shares as of 31/12 (in m) approx. 146.14 approx. 286.22 approx. 294.26 approx. 337.41 approx. 337.48 approx. 354.67
Market capitalisation as of 31/12 (in EUR bn) approx. 2.0 approx. 4.0 approx. 5.8 approx. 8.6 approx. 10.1 approx. 12.9
Dividend (EUR per share) 0.21 0.34 0.44 0.54 0.74 0.803) 
             
Net Asset Value (NAV)             
EPRA NAV 1,824.4 4,004.7 5,326.0 7,762.4 10,017.0 12,676.8
             
Fair values             
Fair value of real estate property 2)  4,320 8,881 9,785 11,721 15,465 18,864
Fair value per sqm residential and commercial area 2) (in EUR) 950 944 1,062 1,282 1,580 1,886

As reported
1) Not adjusted for dividend payment and capital increase
2) Only comprises residential and commercial buildings
3) Dividend proposal for the financial year 2017 subject to the approval of the Annual General Meeting 2018