EPRA earnings and EPRA earnings per share
CHF million |
| 1st half-year 2016 |
| 1st half-year 2015 |
| ||||
Earnings according to IFRS income statement |
| 69.8 |
| 67.2 |
| ||||
Adjusted by: |
|
|
|
|
Earnings from revaluation of investment real estate |
| –10.3 |
| –10.5 |
Earnings from sale of investment real estate |
| –5.6 |
| –18.4 |
Earnings from development real estate held for sale including impairment |
| –22.1 |
| –3.6 |
Pro-rata income tax on sales |
| 8.6 |
| 5.6 |
Negative goodwill/goodwill impairment |
| – |
| – |
Change in the market value of financial instruments |
| 3.2 |
| – |
Transaction costs for the purchase of shareholdings |
| – |
| – |
Deferred taxes on EPRA adjustments |
| 1.9 |
| 2.4 |
Effect on associated companies |
| – |
| – |
Minority interests on the above positions |
| – |
| – |
| ||||
EPRA earnings |
| 45.5 |
| 42.7 |
Average number of outstanding shares |
| 15 934 992 |
| 15 911 213 |
| ||||
EPRA earnings per share in CHF |
| 2.86 |
| 2.68 |