Key figures Intershop Group
2022
2021
2020
2019
2018
FINANCIALS
Net rental income
m CHF
68.3
66.8
70.4
73.9
78.2
Net gains from property disposal
m CHF
133.2
106.1
33.4
7.4
82.0
Changes in fair value of properties
m CHF
-1.6
32.3
13.4
16.6
16.2
Operating result (EBIT)
m CHF
191.6
195.1
107.6
88.9
166.7
Earnings before taxes (EBT)
m CHF
185.6
187.3
98.8
79.1
154.4
Net profit
m CHF
145.5
144.2
78.4
71.0
119.6
Net cash from operations
m CHF
4.9
33.3
45.6
36.0
23.1
Investments in real estate
m CHF
83.6
84.1
61.7
35.3
37.1
Total assets
m CHF
1,456.3
1,426.7
1,378.3
1,343.0
1,454.5
Total value of property portfolio
m CHF
1,393.5
1,387.3
1,333.3
1,312.8
1,302.7
Financial liabilities
m CHF
394.9
428.9
465.1
504.0
589.0
Shareholders' equity
m CHF
878.8
809.7
710.6
666.1
690.1
Return on equity 1)
17.8%
20.1%
11.8%
10.9%
19.3%
Return on equity excl. changes in fair value of properties 1)
18.2%
17.0%
10.3%
9.2%
17.3%
PORTFOLIO
Number of investment properties
29
39
40
42
43
Number of development properties 3)
20
12
12
12
11
Lettable area
in m2
517,468
513,253
544,440
565,880
578,127
Gross yield 2), 4)
5.4%
5.4%
6.0%
6.2%
6.3%
Net yield 2), 5)
4.7%
4.7%
5.2%
5.4%
5.4%
Vacancy rate investment portfolio 2)
10.0%*
9.2%*
11.3%
8.0%
9.8%
Vacancy rate development properties 2), 3)
20.2%*
19.8%*
31.0%
33.7%
36.0%
Vacancy rate total portfolio
13.3%
12.8%
14.1%
11.4%
14.2%
PERSONNEL
Number of employees
65
74
71
72
70
SHARE
Earnings per share 6)
CHF
78.18
75.92
41.67
37.33
59.84
Earings per share excl. changes in fair value of properties 7)
CHF
80.19
64.22
36.44
31.47
53.60
Net Asset Value per share (NAV) 8)
CHF
476.70
426.40
374.02
354.33
347.69
Share price at balance sheet date
CHF
603.00
612.00
615.00
567.00
488.00
Dividend per share 9)
CHF
50.00
25.00
25.00
25.00
22.00
1)
Based on average shareholders' equity during the period, see «Alternative performance measures», Annual report 2022, page 124
2)
Figures relate to investment properties at the balance sheet date; figures as at 31/12/2021 adjusted for the new presentation of the portfolio from 01/01/2022 as described in the Annual report 2022, page 11
3)
Including promotional properties
4)
Effective annual gross rental income in proportion to the market value of the properties as at the balance sheet date, see «Alternative Performance Measures», Annual report 2022, page 124
6)
See «Earnings per share», Annual report 2022, page 88
7)
After deducting changes in fair value of properties and associated deferred tax, see «Earnings per share», Annual report 2022, page 88
8)
See «Net asser value per share», Annual report 2022, page 83
9)
2022: Proposal of the Board of Directors for the payment of an ordinary dividend of CHF 25 and a one-off extraordinary dividend of CHF 25 per share
*
Numbers corresponds to the new presentation as of 01.01.2022