Key figures at a glance
|
|
| 2012 31.12.2012 [*] |
| 2011 31.12.2011 [*] |
| Change in % [1] |
| |||||||
Group |
|
|
|
|
|
|
|
Total sales [2] | CHF million |
| 1 086.1 |
| 886.1 |
| +22.6 |
Operating profit (EBIT) incl. revaluation gains | CHF million |
| 162.3 |
| 226.7 |
| –28.4 |
Net profit incl. revaluation effect | CHF million |
| 98.0 |
| 146.8 |
| –33.2 |
| |||||||
Operating profit (EBIT) excl. revaluation gains | CHF million |
| 170.5 |
| 182.0 |
| –6.3 |
Net profit excl. revaluation effect | CHF million |
| 105.1 |
| 115.0 |
| –8.6 |
Cash flow | CHF million |
| 72.2 |
| –22.9 |
| – |
| |||||||
Return on equity incl. revaluation effect | % |
| 5.6 |
| 9.2 |
| –3.6 |
Return on equity excl. revaluation effect | % |
| 6.1 |
| 7.6 |
| –1.5 |
Equity ratio on cut-off date | % |
| 48.7 |
| 43.6 |
| +5.1 |
Net gearing on cut-off date [3] | % |
| 80.5 |
| 98.7 |
| –18.2 |
| |||||||
Average interest rate on financial liabilities on cut-off date | % |
| 2.13 |
| 2.30 |
| –0.17 |
Average duration of financial liability | months |
| 54 |
| 51 |
| +3 |
| |||||||
Sales Projects & Development division | CHF million |
| 939.6 |
| 743.2 |
| +26.4 |
Earnings from Projects & Development division [4] | CHF million |
| 115.8 |
| 117.5 |
| –1.4 |
Operating margin Projects & Development division [5] | % |
| 47.2 |
| 55.6 |
| –8.4 |
| |||||||
Employees (number) on cut-off date | full-time equivalents |
| 378 |
| 297 |
| +81 |
| |||||||
Allreal Holding AG |
|
|
|
|
|
|
|
Net profit | CHF million |
| 42.6 |
| 72.3 |
| –41.1 |
Share capital | CHF million |
| 797.1 |
| 683.2 |
| +16.7 |
| |||||||
Share |
|
|
|
|
|
|
|
Earnings per share incl. revaluation effect | CHF |
| 6.33 |
| 10.56 |
| –40.1 |
Earnings per share excl. revaluation effect | CHF |
| 6.79 |
| 8.27 |
| –17.9 |
Net asset value (NAV) per share before deferred tax on cut-off date | CHF |
| 126.05 |
| 125.45 |
| +0.5 |
Net asset value (NAV) per share after deferred tax on cut-off date | CHF |
| 119.90 |
| 118.25 |
| +1.4 |
Profit distribution per share [6] | CHF |
| 5.50 |
| 5.50 |
| – |
Share price on cut-off date | CHF |
| 141.10 |
| 136.50 |
| +3.4 |
Dividend/Profit distribution yield [7] | % |
| 3.9 |
| 4.0 |
| –0.1 |
| |||||||
Valuation on cut-off date |
|
|
|
|
|
|
|
Market capitalisation [8] | CHF million |
| 2 248.3 |
| 1 863.3 |
| +20.7 |
Enterprise value [7] | CHF million |
| 3 785.8 |
| 3 457.4 |
| +9.5 |
[*]Should no further particulars be given, values referring to the income statement concern the full year and balance sheet value the cut-off dates 31.12.2012 resp. 31.12.2011
[1]Changes in quantum and percentage values shown as absolute difference
[2]Sales resulting from rental of investment real estate plus completed project volume Projects & Development division
[3]Finance liabilities minus cash and marketable securities as percentage of equity
[4]Income from realisation in Projects & Development, Sales Development, capitalised services and various revenues minus direct expenses from realisation in Projects & Development, Sales Development
[5]EBIT excl. revaluation and restoration of value adjustments on projects as percentage of profit from business activity
[6]Board of directors proposal of CHF 5.50 per share for the 2012 financial year by means of repayment of reserves from capital contributions
[7]Stock price at balance sheet date multiplied by the number of outstanding shares
[8]Market capitalisation plus net finance debts