Consolidated Income Statement
Consolidated Income_Statement 2006
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€ 1,000 2006 2005
Rental income 38,168.5 25,562.9
Operating costs passed on to tenants 9,443.1 5,712.7
Gross rental income 47,611.6 31,275.6
Operating expenses -10,050.3 -6,042.7
Other expenses directly related to the properties -3,556.5 -3,025.5
Net operating income 34,004.8 22,207.4
Profit from the sale of properties 28,265.7 0.0
Drop in book value -25,288.8 0.0
Result from the sale of properties 2,976.9 0.0
Administrative expenses -5,625.9 -2,238.3
Other operating income 629.9 685.3
EBITDA 31,985.7 20,654.4
Depreciation and amortisation of other assets -996.7 -826.9
Revaluation gain 38,673.8 42,802.3
Revaluation loss -5,879.2 -2,412.7
Change from revaluation 32,794.6 40,389.6
Operating result (EBIT) 63,783.6 60,217.1
Financing costs -12,212.3 -8,050.3
Foreign currency gains/losses 4,890.8 -4,881.3
Result of financial investments 2,589.6 362.4
Financial result -4,731.9 -12,569.2
Net income before taxes (EBT) 59,051.7 47,647.9
Taxes on income -11,241.3 -1,069.7
Consolidated net income 47,810.4 46,578.2
of which: attributable minority interests 116.7 152.5
of which: parent company interests 47,693.7 46,425.7
Earnings per share in € (undiluted equals diluted) 1.84
Operating cash flow per share in € 1.03
Cash flow from business activities per share in € 1.06