MRM - 2018 Registration document
1
Information on M.R.M.’s activities
Key figures
€-12.1m Change in fair value
€199.6m
CAPEX €+14.5m
€164.7m
Disposals €-37.2m
31/12/2018
31/12/2017
IFRS simplified income statement
2018
2017
2016
(in millions of €)
GROSS RENTAL REVENUES
9.5
11.2 -3.4
13.0 -3.5
Property expenses not recovered
-2.9
NET RENTAL REVENUES
6.7
7.8
9.5
Operating expenses
-2.5 -0.2 -0.3
-2.8
-3.2 -0.8
Provisions net of reversals
0.3
Other operating income and expenses
-1.4
0.6
OPERATING INCOME BEFORE DISPOSALS AND CHANGE IN FAIR VALUE
3.7
4.0 0.0
6.1
Result on disposals of properties
-0.1
-2.8
Change in fair value of investment properties
-12.1
-6.4 -2.5 -1.9 -0.2 -4.6 -4.6
4.3 7.5
-8.5 -1.5 -0.4
OPERATING INCOME
Net borrowing cost
-1.9 -0.5
Other operating income and expenses
NET INCOME BEFORE TAX
-10.4
5.1
CONSOLIDATED NET INCOME
-10.4 -0.24
5.1
NET EARNINGS PER SHARE (IN EUROS)
-0.11
0.12
Gross and net rental revenues for 2018 break down as follows:
3 BREAKDOWN OF GROSS RENT
3 BREAKDOWN OF NET RENT
Office 8%
Retail 92%
Retail 100%
M.R.M. 2018 REGISTRATION DOCUMENT
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