Retail Estates SA2004年年度报告.pdf

1、Excerpt of theAnnual report2004Retail-04-finokok-GB-xp5 14/07/04 11:04 Page 1KEY FIGURES(in EUR)The financial year of Retail Estates plc starts on 1 April and concludes on 31 March,The key figures are consolidated including the subsidiary Retail Estates Luxemburg plc,Retail Warehousing plcand Wickes

2、 Land Development plc.TOTAL PORTFOLIO(in m2)31/03/0431/03/0331/03/0231/03/01Shop premises178 338139 003120 035107 550Premises destined for sale001 0001 962Total m2of premises178 338139 003121 035109 512Estimated investment value(1)155 076 937117 232 77497 687 36386 805 028Estimated sale value(2)139

3、804 443105 507 19587 878 16977 171 950Total rent prices(3)12 731 2859 744 7188 189 3597 178 105Average rent prices per m272,5871,7669,1466,73Level of occupation98,61%98,40%98,70%99,00%Total m2 of premises under development 2 6244 1393 1405 240(1)Cushman&Wakefield Healey&Baker.(2)The estimated sale v

4、alue is calculated by deduction of the registration fee and the notarial fees from the estimated investment value (12,5%inWallonia and Brussels and 10%in the Flanders).(3)Contractual rent prices on 31 March 2004.KEY FIGURES 31/03/0431/03/0331/03/0231/03/01Debt level(incl.dividend)(1)40,34%29,67%27,9

5、6%Debt level(excl.dividend)36,35%25,00%23,04%Operational result/share 2,282,192,15Result of the year/share 3,093,432,98Gross dividend per share(2)2,232,152,12Net dividend per share(3)1,901,831,80NAV(excl.dividend)32,9532,0830,81NAV(incl.dividend)35,1834,2332,93Number of shares 2 283 1422 283 1422 28

6、3 142(1)The debt level of a real estate investment company with variable capital,may not,since 10 June 2001,exceed 50%of its assets at the signing ofa loan.The debt level of Retail Estates plc is calculated by dividing the debts+1 year and the debts up to 1 year by the total assets.(2)The gross divi