Key figures Intershop Group

 
 

2023

2022

FINANCIALS

 
 
 

Net rental income

m CHF

71.8

68.3

Net gains from property disposal 3)

m CHF

31.6

133.2

Changes in fair value of properties

m CHF

12.0

-1.6

Operating result (EBIT)

m CHF

105.2

191.6

Earnings before taxes (EBT)

m CHF

99.2

185.6

Net income

m CHF

82.5

145.5

 
 
 
 

Cash flow from operations

m CHF

81.2

4.9

Investment in properties

m CHF

77.1

83.6

 
 
 
 

Total assets

m CHF

1,400.0

1,456.3

Total properties

m CHF

1,375.3

1,393.5

Financial liabilities

m CHF

381.3

394.9

Shareholders' equity

m CHF

867.3

878.8

 
 
 
 

Return on equity 1)

 

9.6%

17.8%

Return on equity excluding changes in fair value of properties 1)

 

8.6%

18.2%

 
 
 
 

PORTFOLIO

 

 

 

Number of investment properties

 

27

29

Number of development properties 3)

 

16

20

Lettable area

in m2

502,181

517,468

Gross yield 2),  4)

 

5.6%

5.4%

Net yield 2),  5)

 

4.9%

4.7%

Vacancy rate investment property portfolio

 

7.4%

10.0%

Vacancy rate development property portfolio

 

18.4%

20.2%

Vacancy rate total portfolio

 

10.7%

13.3%

 
 
 
 

PERSONNEL

 

 

 

Number of employees

 

70

65

 
 
 
 

SHARE

 

 

 

Earnings per share 6)

CHF

44.76

78.18

Earnings per share excluding changes in fair value of properties 7)

CHF

39.99

80.19

Net asset value per share (NAV) 8)

CHF

470.47

476.70

Share price at balance sheet date

CHF

615.00

603.00

Dividend per share 9)

CHF

27.50

50.00

1)

Based on average shareholders' equity during the period, see «Alternative Performance Measures», Annual report 2023, page 138

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 «Alternative Performance Measures», Annual report 2023, page 138

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 2023, page 138

6)

See «Earnings per share», Annual report 2023, page 102

7)

After deducting changes in fair value of properties and associated deferred tax, see «Earnings per share», Annual report 2023, page 102

8)

See «Net asset value per share», Annual report 2023, page 97

9)

2023: Proposal of the Board of Directors; 2022: Payment of an ordinary dividend of CHF 25 an a one-off extraordinary dividend of CHF 25 per share