Key indicators depicting financial development
EUR 1,000 | 2014 | 2013 | 2012 | 2011 | 2010 |
Scope of operations | | | | | |
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Turnover | 367,862 | 346,610 | 335,430 | 327,278 | 328,647 |
Change % | 6.1 | 3.3 | 2.5 | -0.4 | -4.2 |
Share of apartment rental, % | 97.0 | 99.1 | 97.7 | 94.1 | 88.6 |
Share of liquidation of inventories, % | 3.0 | 0.9 | 2.3 | 5.9 | 11.4 |
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Balance sheet total | 2,587,830 | 2,468,550 | 2,276,091 | 2,252,237 | 2,184,152 |
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Salaries and remunerations | 17,007 | 17,405 | 17,908 | 16,995 | 15,369 |
Average number of personnel | 339 | 341 | 343 | 349 | 341 |
Turnover/employee | 1,085 | 1,016 | 978 | 938 | 964 |
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Profitability | | | | | |
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Operating profit | 136,668 | 116,172 | 112,674 | 105,719 | 100,616 |
% of turnover | 37.2 | 33.5 | 33.6 | 32.3 | 30.6 |
Profit before appropriations and taxes | 90,335 | 75,868 | 62,487 | 55,823 | 57,510 |
% of turnover | 24.6 | 21.9 | 18.6 | 17.1 | 17.5 |
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Profit for the period | 70,969 | 74,250 | 45,854 | 44,776 | 40,478 |
% of turnover | 19.3 | 21.4 | 13.7 | 13.7 | 12.3 |
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Return on equity, % (ROE) | 13.3 | 15.5 | 10.6 | 11.2 | 11.3 |
Return on investment, % (ROI) 1) | 5.9 | 5.5 | 5.5 | 5.2 | 5.1 |
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Financing and financial position | | | | | |
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Current ratio | 0.9 | 1.5 | 1.5 | 1.4 | 1.3 |
Equity ratio, %, fair value 2) | 42.0 | 41.3 | 38.8 | | |
Equity ratio, %, book value | 21.8 | 20.7 | 19.8 | 18.5 | 17.7 |
Interest-bearing liabilities 1) | 1,851,891 | 1,795,067 | 1,664,261 | 1,683,872 | 1,654,923 |
Liquid assets | 122,004 | 142,283 | 128,963 | 126,823 | 96,462 |
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Key ratios per share 3) | | | | | |
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Earnings per share, EUR | 9.60 | 10.07 | 6.19 | 6.07 | 5.49 |
Equity per share, EUR | 74.65 | 67.27 | 59.22 | 54.63 | 50.27 |
Equity per share, EUR, fair value 2) | 223.01 | 209.16 | 178.6 | | |
Dividend per share, EUR 4) | 3.00 | 2.20 | 2.00 | 1.60 | 1.50 |
Dividend as % of result 4) | 31.3 | 21.8 | 32.3 | 26.4 | 27.3 |
Number of shares at the end of the financial year | 7,402,560 | 7,402,560 | 7,402,560 | 7,402,560 | 7,402,560 |
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1) Loans from financial institutions for construction projects are treated as interest-bearing liabilities when calculating key indicators. The interests payable on these loans are mainly included in financial expenses.
2) Including deferred tax liability.
3) Share-specific indicators are calculated based on the number of shares during each year.
4) The Board of Directors proposes that a dividend of EUR 3.00 per share be paid.