IMMOEAST Annual Report 2006/07

EBIT: +246.4%
in EUR million
As of 30 April 2007
600
500
400
300
200
100
0
2003/04 2004/05 2005/06 2006/07
Strong growth in revenues
and rising property prices led
to an improvement of more
than 246% or EUR 541.3
million in operating profit
(EBIT) during 2006/07. This
represents the second year in
succession with a more than
twofold increase in EBIT.
Net Asset Value:
+21.4%
in EUR per share
As of 30 April 2007
12
10
8
6
4
2
0
2003/04 2004/05 2005/06 2006/07
Over 333.5 million new shares
were issued as part of the
capital increase in 2006/07.
In spite of this development,
net asset value, which
represents the inherent value
of the stock, rose by 21.4%
to EUR 10.2 per share. The
net asset value of IMMOEAST
tripled to an absolute total
of nearly EUR 5.6 billion.
Revenues:
+141.1%
in EUR million
As of 30 April 2007
200
150
100
50
0
2003/04 2004/05 2005/06 2006/07
Growth of 146% in rental
income to EUR 146.2 million
supported a twofold increase
in Group revenues – which
include operating costs,
proceeds on the sale of properties
and other income – to
more than EUR 192.9 million.
Report by the Executive Board 13
Highlights 2006/07
Business Model and Strategy
Portfolio Structure
Corporate Governance and Outlook
Property Portfolio
Development of Business
Consolidated Financial Statements
Service and Glossary
Gross Cash Flow:
+154.9%
in EUR million
As of 30 April 2007
60
50
40
30
20
10
0
2003/04 2004/05 2005/06 2006/07
Gross cash flow rose by
154.9% to EUR 63.4 million
– and demonstrates the
steady improvement in
the internal financing power
of IMMOEAST.