Key figures Intershop Group

 
 

2023

2022

2021

2020

2019

2018

FINANCIALS

 
 
 
 
 
 
 

Net rental income

m CHF

71.8

68.3

66.8

70.4

73.9

78.2

Net gains from property disposal 3)

m CHF

31.6

133.2

106.1

33.4

7.4

82.0

Changes in fair value of properties

m CHF

12.0

-1.6

32.3

13.4

16.6

16.2

Operating result (EBIT)

m CHF

105.2

191.6

195.1

107.6

88.9

166.7

Earnings before taxes (EBT)

m CHF

99.2

185.6

187.3

98.8

79.1

154.4

Net profit

m CHF

82.5

145.5

144.2

78.4

71.0

119.6

 
 
 
 
 
 
 
 

Net cash from operations

m CHF

81.2

4.9

33.3

45.6

36.0

23.1

Investments in real estate

m CHF

77.1

83.6

84.1

61.7

35.3

37.1

 
 
 
 
 
 
 
 

Total assets

m CHF

1,400.0

1,456.3

1,426.7

1,378.3

1,343.0

1,454.5

Total value of property portfolio

m CHF

1,375.3

1,393.5

1,387.3

1,333.3

1,312.8

1,302.7

Financial liabilities

m CHF

381.3

394.9

428.9

465.1

504.0

589.0

Shareholders' equity

m CHF

867.3

878.8

809.7

710.6

666.1

690.1

 
 
 
 
 
 
 
 

Return on equity 1)

 

9.6%

17.8%

20.1%

11.8%

10.9%

19.3%

Return on equity excl. changes in fair value of properties 1)

 

8.6%

18.2%

17.0%

10.3%

9.2%

17.3%

 
 
 
 
 
 
 
 

PORTFOLIO

 
 
 
 
 
 
 

Number of investment properties

 

27

29

39

40

42

43

Number of development properties 3)

 

16

20

12

12

12

11

Lettable area

in m2

502,181

517,468

513,253

544,440

565,880

578,127

Gross yield 2),  4)

 

5.6%

5.4%

5.4%

6.0%

6.2%

6.3%

Net yield 2),  5)

 

4.9%

4.7%

4.7%

5.2%

5.4%

5.4%

Vacancy rate investment portfolio

 

7.4%*

10.0%*

9.2%*

11.3%

8.0%

9.8%

Vacancy rate development properties

 

18.4%*

20.2%*

19.8%*

31.0%

33.7%

36.0%

Vacancy rate total portfolio

 

10.7%

13.3%

12.8%

14.1%

11.4%

14.2%

 
 
 
 
 
 
 
 

PERSONNEL

 
 
 
 
 
 
 

Number of employees

 

70

65

74

71

72

70

 
 
 
 
 
 
 
 

SHARE

 
 
 
 
 
 
 

Earnings per share 6)

CHF

44.76

78.18

75.92

41.67

37.33

59.84

Earings per share excl. changes in fair value of properties 7)

CHF

39.99

80.19

64.22

36.44

31.47

53.60

Net Asset Value per share (NAV) 8)

CHF

470.47

476.70

426.40

374.02

354.33

347.69

Share price at balance sheet date

CHF

615.00

603.00

612.00

615.00

567.00

488.00

Dividend per share 9)

CHF

27.50

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 2023, page 138

2)

Figures relate to investment properties at the balance sheet date

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 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 and a one-off extraordinary dividend of CHF 25 per share

*

Numbers corresponds to the new presentation as of 01.01.2022