VIB Vermögen AG has been a member of the European Public Real Estate Assocation (EPRA) since 2011. Based in Brussels, the organisation represents the interest of major Euopean property companies vis-à-vis the General public and helps them raise their profile. In 2018, we received the EPRA's Most Improved Award and the Gold Award for our reporting. In 2019 we were again able to meet the transparency requirements and once again received the Gold Award.
| EPRA performance indicators in EUR thousand | 2020 | 2019 | |
|---|---|---|---|
| EPRA Earnings per share | 1.69€ | 1.62 | |
| EPRA NRV per share | 26.39€ | 24.25€ | |
| EPRA vacancy rate | 2.5% | 1.0% | |
| EPRA net-initial yield | 6.3% | 6.5% | |
| EPRA cost ratio | 13.0% | 12.2% |
| Group indicators (IFRS in thousand €) | 2020* | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|
| Revenues: | 94,207 | 90,995 | 86,789 | 83,550 | 79,549 |
| EBIT: | 94,223 | 92,953 | 86,952 | 81,822 | 79,119 |
| Pre-tax earnings (EBT): | 80,041 | 78,287 | 71,200 | 64,453 | 58,820 |
| Consolidated net income: | 67,269 | 65,411 | 59,895 | 53,938 | 49,403 |
| FFO per share: | 1.83€ | 1.77€ | 1.64€ | 1.49€ | 1.30€ |
| Total assets: | 1,454,156 | 1,359,731 | 1,234,908 | 1,153,741 | 1,116,768 |
| Equity: | 625,178 | 577,295 | 527,593 | 483,355 | 443,527 |
| Equity ratio: | 43.0% | 42.5% | 42.7% | 41.9% | 39.7% |
| LTV ratio: | 50.3% | 51.0% | 51.0% | 51.4% | 53.6% |
| Net debt: | 708,584 | 671,864 | 610,098 | 570,452 | 574,917 |
| NAV per share: | 24.16€ | 22.23€ | 20.30€ | 18.58€ | 17.05€ |
| Earnings per share (basic): | 2.39€ | 2.29€ | 2.09€ | 1.87€ | 1.71€ |
| Dividends per ordinary share: | 0.75€** | 0.70€ | 0.65€ | 0.60€ | 0.55€ |
* Preliminary figures
**Proposal of the management