Statement of comprehensive income

Gross rental income

6

175,507

162,614

Service charge income

6

4,362

4,057

Other income

701

600

Revenues

180,570

167,271

Service charge expenses

(4,521)

(4,451)

Property operating expenses

7

(47,730)

(41,014)

(52,251)

(45,465)

Net rental income

128,319

121,806

Result on disposal of investment property

142

280

Positive fair value adjustments completed investment property

12

521,073

213,877

Negative fair value adjustments completed investment property

12

(4,200)

(923)

Fair value adjustments on investment property under construction

13

39,333

27,384

Net valuation gain (loss) on investment property

556,206

240,338

Administrative expenses

8

(18,016)

(14,949)

Result before finance result

666,651

347,475

Finance expenses

9

(308)

-

Net finance result

(308)

-

Result before tax

666,343

347,475

Income taxes

10

-

-

Result for the year

666,343

347,475

Items that will not be reclassified subsequently to comprehensive income

-

-

Items that may be reclassified subsequently to comprehensive income

-

-

Total comprehensive income for the year, net of tax

666,343

347,475

Net result attributable to shareholders

666,343

347,475

Total comprehensive income attributable to shareholders

666,343

347,475

Distributable result

19

109,994

106,857