Retail Estates SA2005年年度报告.pdf

1、1E X C E R P T O F T H E A N N U A L R E P O R T 2005ANNUAL REPORT 2005 RETAIL ESTATES2KEY FIGURES The fi nancial year of Retail Estates runs from 1 April to 31 March.The key fi gures below are consolidated fi gures incorporating the subsidiaries Retail Estates Luxembourg sa,Retail Warehousing nv an

2、d Wickes Land Development nv.TOTAL PORTFOLIO 31/03/0531/03/0431/03/03Shop premises 189184151Total gross m2 of shop premises 184 821178 338139 003Estimated investment value(1)in EUR163 541 016155 076 937117 232 774Estimated liquidation value(2)in EUR146 738 605139 804 443105 507 195Total annual renta

3、l income(3)in EUR13 398 96512 731 2859 744 718Average rent prices per m273.5872.5871.76Occupancy rate 98.78%98.61%98.40%Total m2 of premises under construction5 6722 6244 139(1)Cushman&Wakefi eld Healey&Baker.(2)The estimated sale value is calculated by deduction of the registration fee and the nota

4、rial fees from the estimated investment value(12,5%in Wallonia and Brussels and 10%in the Flanders).(3)Contractual rents on 31 March.KEY FIGURES31/03/0531/03/0431/03/03Current result per share 2,58 1,82 2,28 Recurrent operating profi t per share 2,26 1,82 2,28 Operating return on equity6,7%5,6%6,9%R

5、eturn on equity10,1%7,4%9,4%Number of shares 3 568 594 3 568 614 2 283 142 Gross dividend per share2,241,972,23NAV/share33,8232,6732,95Closing price 36,50 35,4632,60Average price34,8533,8929,75Gross dividend yield on closing price6.1%5.6%6.8%Net dividend yield on closing price5.2%4.7%5.8%050 000100

6、000150 000200 00005040303 0006 0009 00012 00015 0000504030,00,51,01,52,02,53,00504030,00,51,01,52,02,5050403ESTIMATED INVESTMENT VALUETOTAL RENT PRICESOPERATIONAL RESULT PER SHAREGROSS DIVIDEND PER SHARE117 232 774155 076 937163 541 0169 744 71812 731 28513 398 9652,281,822,582,231,972,24mio 3 RETAI