Consolidated balance sheet

IN EURO201720162015
ASSETS
I. Non-current assets459 002 506409 872 451347 049 162
B. Intangible assets416 024278 1187 733
C. Investment properties457 636 191408 833 729346 100 301
D. Other tangible assets391 371102 316149 060
E. Non-current financial assets112 03375 64974 186
F. Finance lease receivables446 887582 639717 882
II. Current assets11 058 5849 429 07016 012 906
A. Assets held for sale1 457 1922 484 525
C. Finance lease receivables135 752135 243127 147
D. Trade receivables3 326 8183 169 63610 343 536
E. Tax receivables and other current assets376 707842 449275 869
F. Cash and cash equivalents7 183 7863 437 8142 487 426
G. Deferred charges and accrued income35 521386 735294 403
TOTAL ASSETS470 061 090419 301 520363 062 069
SHAREHOLDERS’ EQUITY
A. Capital87 999 05575 999 05575 999 055
B. Share premium account24 903 19924 903 19924 903 199
C. Reserves102 796 51098 198 99995 782 145
D. Net result of the financial year1 256 7236 101 0793 507 233
SHAREHOLDERS’ EQUITY216 955 487205 202 333200 191 632
LIABILITIES
I. Non-current liabilities232 805 745201 485 901154 617 936
B. Non-current financial debts224 745 100192 205 885147 666 669
a. Financial debts185 000 000152 500 000108 000 000
c. Others39 745 10039 705 88539 666 669
C. Other non-current financial liabilities8 060 6449 280 0176 951 266
II. Current liabilites20 299 85912 613 2878 252 501
B. Current financial debts10 673 829712 226605 651
a. Financial debts
c. Others673 829712 226605 651
D. Trade debts and other current debts8 106 74610 385 4586 026 535
b. Others8 106 74610 385 4586 026 535
E. Other current liabilities62 65690 68085 861
F. Accrued charges and deferred income1 456 6271 424 9231 534 454
LIABILITIES253 105 603214 099 188162 870 436
TOTAL SHAREHOLDERS’ EQUITY
AND LIABILITIES
470 061 090419 301 520363 062 069
The 2015 consolidated annual accounts of Home Invest Belgium include those of its subsidiaries, Home Invest Development SA (100 %) and are presented in €, unless mentioned otherwise. The accounting and valuation criteria set out in the “Inter national Financial Reporting Standards” (“IFRS”) have been applied since the annual accounts for the 2006 financial year. The annual financial reports (including the consolidated financial statements, with a shortened version of the statutory accounts, the consolidated management reports, the reports of the Auditor and the Surveyor), the interim statements, the half-year financial reports, the description of the financial situation, the information concerning the related parties and the historical financial information concerning the subsidiaries of the Regulated Real Estate Company, are included by reference in the present financial annual report. 

Consolidated results 2015-2017

IN EURO31/12/201731/12/201631/12/2015
I. Rental income (+)22 683 11418 979 69117 807 520
III. Rental-related expenses (+/-)-183 272-178 922-161 024
NET RENTAL RESULT22 499 84318 800 76917 646 496
IV. Recovery of property charges (+)136 76486 48289 279
V. Recovery of charges normally borne by the tenant on let properties (+-)598 574660 864683 551
VII. Charges and taxes normally borne bij the tenant on let properties (-)-2 769 775-2 705 975-1 852 164
VIII. Other rental income and expenses (+/-)
PROPERTY RESULT20 435 40616 842 14016 567 162
IX. Technical costs (-)-1 086 011-843 970-1 614 789
X. Commercial costs (-)-342 219-406 804-427 252
XI. Taxes and charges on unlet properties (-)-289 436-392 488-405 280
XII. Property management costs (-)-3 766 408-2 780 000-2 802 638
XIII. Other property costs19 853-81 388
PROPERTY COSTS-5 464 220-4 504 650-5 316 166
PROPERTY OPERATIONAL RESULT14 971 18612 337 49111 250 996
XIV. General corporate expenses (-)-1 066 763-845 488-814 043
XV. Other operating incomes and expenses-112 236-29 448
OPERATING RESULT BEFORE PORTFOLIO RESULT13 792 18711 462 55410 412 876
XVI. Result on sale of investment properties (+/-)719 633 279 6541 333 073
XVIII. Changes in fair value of investment properties (+/-)1 450 36911 295 3225 991 869
OPERATING RESULT15 962 18823 037 53017 737 817
XX. Financial income (+)90 49478 70183 404
XXI. Net interest charges (-)-3 548 571-3 048 453-3 326 445
XXII. Other financial charges (-)-65 034-65 705-57 228
XXIII. Changes in fair value of financial assets and liabilities (+/-)1 226 658-2 025 345963 443
FINANCIAL RESULT-2 296 453-5 060 803-2 336 826
PRE-TAX RESULT13 665 73517 976 72715 400 990
XXIV. Corporation tax (-)-361 199-71 034-89 144
TAXES-442 754-71 034-89 144
Net result attributable to parent company13 222 98117 905 69315 311 847