Key figures Intershop Group
2020
2019
FINANCIALS
Net rental income
m CHF
70.4
73.9
Net gains from property disposal
m CHF
33.4
7.4
Changes in fair value of properties
m CHF
13.4
16.6
Operating result (EBIT)
m CHF
107.6
88.9
Earnings before taxes (EBT)
m CHF
98.8
79.1
Net income
m CHF
78.4
71.0
Cash flow from operations
m CHF
45.6
36.0
Investment in properties
m CHF
61.7
35.3
Total assets
m CHF
1'378.3
1,343.0
Total properties
m CHF
1'333.3
1,312.8
Financial liabilities
m CHF
465.1
504.0
Shareholders' equity
m CHF
710.6
666.1
Return on equity 1)
11.8%
10.9%
Return on equity excluding changes in fair value of properties 1)
10.3%
9.2%
PORTFOLIO
Number of investment properties
40
42
Number of development properties 3)
12
12
Lettable area
in m2
544'440
565,880
Gross yield 2), 4)
6.0%
6.2%
Net yield 2), 5)
5.2%
5.4%
Vacancy rate 2)
11.3%
8.0%
PERSONNEL
Number of employees
71
72
SHARE
Earnings per share 6)
CHF
41.67
37.33
Earnings per share excluding changes in fair value of properties 7)
CHF
36.44
31.47
Net asset value per share (NAV) 8)
CHF
374.02
354.33
Share price at balance sheet date
CHF
615.00
567.00
Dividend per share 9)
CHF
25.00
25.00
1)
Based on average shareholders' equity during the period, see «Alternative performance measures», Annual report 2020, page 116
2)
Figures relate to investment property portfolio at the balance sheet date
3)
Including promotional properties
4)
Effective annual gross rental income in proportion to the market value of the properties at the balance sheet date, see «Alternativeperformance measures», Annual report 2020, page 116
5)
Effective annual gross rental income less all directly attributable property costs (excluding interest expense) in proportion to the market value of the properties at the balance sheet date, see «Alternative performance measures», Annual report 2020, page 116
6)
See «Earnings per share», Annual report 2020, page 79
7)
After deducting changes in fair value of properties and associated deferred tax, see «Earnings per share», Annual report 2020, page 79
8)
See «Net asset value per share», Annual report 2020, page 79
9)
2020: Proposal of the Board of Directors
