Consolidated statement of comprehensive income

Gross rental income

6

192,464

175,507

Service charge income

6

4,939

4,362

Other income

850

701

Revenues

198,253

180,570

Service charge expenses

(5,130)

(4,521)

Property operating expenses

7

(55,840)

(47,730)

(60,970)

(52,251)

Net rental income

137,283

128,319

Result on disposal of investment property

10,275

142

Positive fair value adjustments completed investment property

12

412,467

521,073

Negative fair value adjustments completed investment property

12

(33)

(4,200)

Fair value adjustments on investment property under construction

13

100,972

39,333

Net valuation gain (loss) on investment property

513,406

556,206

Administrative expenses

8

(22,700)

(18,016)

Result before finance result

638,264

666,651

Finance expenses

9

(641)

(308)

Net finance result

(641)

(308)

Result before tax

637,623

666,343

Income taxes

10

(13)

-

Result for the year

637,610

666,343

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

637,610

666,343

Net result attributable to shareholders

637,610

666,343

Total comprehensive income attributable to shareholders

637,610

666,343

Distributable result

19

113,930

109,994