Key figures at a glance
|
|
| 2013 31.12.2013 [*] |
| 2012 31.12.2012 [*] |
| Change in % [1] |
| |||||||
Group |
|
|
|
|
|
|
|
Total sales [2] | CHF million |
| 1 242.3 |
| 1 086.1 |
| +14.4 |
Operating profit (EBIT) incl. revaluation gains | CHF million |
| 192.8 |
| 161.7 |
| +19.2 |
Net profit incl. revaluation effect | CHF million |
| 121.8 |
| 97.5 |
| +24.9 |
| |||||||
Operating profit (EBIT) excl. revaluation gains | CHF million |
| 184.7 |
| 169.9 |
| +8.7 |
Net profit excl. revaluation effect | CHF million |
| 116.1 |
| 104.6 |
| +11.0 |
Cash flow | CHF million |
| 157.6 |
| 72.2 |
| +118.3 |
| |||||||
Return on equity incl. revaluation effect | % |
| 6.3 |
| 5.5 |
| +0.8 |
Return on equity excl. revaluation effect | % |
| 6.2 |
| 6.0 |
| +0.2 |
Equity ratio on cut-off date | % |
| 49.3 |
| 48.6 |
| +0.7 |
Net gearing on cut-off date [3] | % |
| 80.8 |
| 80.6 |
| +0.2 |
| |||||||
Average interest rate on financial liabilities on cut-off date | % |
| 2.13 |
| 2.13 |
| – |
Average duration of financial liability | months |
| 56 |
| 54 |
| +2 |
| |||||||
Sales Projects & Development division | CHF million |
| 1 087.0 |
| 939.6 |
| +15.7 |
Earnings from Projects & Development division [4] | CHF million |
| 110.7 |
| 115.8 |
| –4.4 |
Operating margin Projects & Development division [5] | % |
| 40.8 |
| 46.7 |
| –5.9 |
| |||||||
Employees (number) on cut-off date | full-time equivalents |
| 371 |
| 378 |
| –7 |
| |||||||
Allreal Holding AG |
|
|
|
|
|
|
|
Net profit | CHF million |
| 44.3 |
| 42.6 |
| +4.0 |
Share capital | CHF million |
| 797.1 |
| 797.1 |
| – |
| |||||||
Share |
|
|
|
|
|
|
|
Earnings per share incl. revaluation effect | CHF |
| 7.66 |
| 6.30 |
| +21.6 |
Earnings per share excl. revaluation effect | CHF |
| 7.29 |
| 6.76 |
| +7.8 |
Net asset value (NAV) per share before deferred tax on cut-off date | CHF |
| 130.90 |
| 125.80 |
| +4.1 |
Net asset value (NAV) per share after deferred tax on cut-off date | CHF |
| 123.80 |
| 119.70 |
| +3.4 |
Profit distribution per share [6] | CHF |
| 5.50 |
| 5.50 |
| – |
Share price on cut-off date | CHF |
| 123.50 |
| 141.10 |
| –12.5 |
Dividend/Profit distribution yield [7] | % |
| 4.5 |
| 3.9 |
| +0.6 |
| |||||||
Valuation on cut-off date |
|
|
|
|
|
|
|
Market capitalisation [8] | CHF million |
| 1 964.7 |
| 2 248.3 |
| –12.6 |
Enterprise value [7] | CHF million |
| 3 555.1 |
| 3 785.8 |
| –6.1 |
[*]Should no further particulars be given, values referring to the income statement concern the full year and balance sheet value the cut-off dates 31.12.2013 resp. 31.12.2012
[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 service 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 (balance of operating income, direct operating expenses, capitalised company-produced assets and earnings from sale of investment real estate)
[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