Consolidated balance sheet
CHF million | Notes |
| 30.06.2012 |
| 31.12.2011 [1] |
| 01.01.2011 [1] |
|
|
|
|
|
|
|
|
Investment real estate |
| 2 524.7 |
| 2 529.2 |
| 2 373.3 | |
Investment real estate under construction |
| 522.1 |
| 421.8 |
| 246.0 | |
Other property, plant and equipment |
|
| 2.5 |
| 2.4 |
| 2.3 |
Financial assets |
|
| 11.3 |
| 10.5 |
| 8.7 |
Intangible assets |
| 6.6 |
| 0.0 |
| 0.0 | |
Deferred tax assets |
|
| 46.3 |
| 43.0 |
| 34.1 |
Non-current assets |
|
| 3 113.5 |
| 3 006.9 |
| 2 664.4 |
| |||||||
Development real estate |
| 522.7 |
| 533.0 |
| 520.6 | |
Trade receivables |
|
| 106.2 |
| 85.1 |
| 60.5 |
Other receivables |
|
| 8.3 |
| 3.6 |
| 4.1 |
Cash |
|
| 36.2 |
| 71.9 |
| 33.9 |
Current assets |
|
| 673.4 |
| 693.6 |
| 619.1 |
| |||||||
Assets |
|
| 3 786.9 |
| 3 700.5 |
| 3 283.5 |
| |||||||
Share capital |
| 797.1 |
| 683.2 |
| 683.2 | |
Capital reserves |
|
| 495.3 |
| 419.2 |
| 494.0 |
Treasury shares |
| –2.6 |
| –1.9 |
| –1.3 | |
Retained earnings |
|
| 576.3 |
| 513.8 |
| 391.3 |
Equity |
|
| 1 866.1 |
| 1 614.3 |
| 1 567.2 |
| |||||||
Long-term borrowings |
| 395.1 |
| 356.0 |
| 204.5 | |
Deferred tax liabilities |
|
| 149.2 |
| 141.4 |
| 118.1 |
Long-term provisions |
|
| 3.9 |
| 4.2 |
| 4.9 |
Other long-term liabilities |
|
| 82.0 |
| 77.4 |
| 48.9 |
Long-term liabilities |
|
| 630.2 |
| 579.0 |
| 376.4 |
| |||||||
Trade payables |
|
| 161.9 |
| 120.4 |
| 71.4 |
Payments for development real estate |
|
| 28.4 |
| 18.2 |
| 63.2 |
Current tax liabilities |
|
| 9.7 |
| 19.9 |
| 18.7 |
Other current liabilities |
|
| 40.6 |
| 36.0 |
| 36.8 |
Short-term provisions |
|
| 2.0 |
| 2.7 |
| 2.3 |
Short-term borrowings |
| 1 048.0 |
| 1 310.0 |
| 1 147.5 | |
Short-term liabilities |
|
| 1 290.6 |
| 1 507.2 |
| 1 339.9 |
Liabilities |
|
| 1 920.8 |
| 2 086.2 |
| 1 716.3 |
| |||||||
Equity and liabilities |
|
| 3 786.9 |
| 3 700.5 |
| 3 283.5 |
| |||||||
Net asset value (NAV) per share in CHF |
|
|
|
|
|
|
|
— before deferred tax |
| 123.65 |
| 125.45 |
| 120.90 | |
— after deferred tax |
| 117.20 |
| 118.25 |
| 114.80 | |
[1]Restated values owing to change in realisation of gains on development real estate, and gross presentation of downpayments for development real estate, see Note 2