Key figures

Kojamo’s financial performance and key figures

7-9/2018 7-9/2017 Change% 1-9/2018 1-9/2017 Change% 2017
Total revenue, M€ 89.7 84.0 6.7 267.7 251.3 6.5 337.0
Net rental income, M€ *) 64.5 58.5 10.2 174.0 159.7 9.0 216.0
Net rental income margin, % *) 71.9 69.6 65.0 63.6 64.1
Profit before taxes, M€ *) 59.1 73.4 -19.5 199.5 205.4 -2.8 266.7
EBITDA, M€ *) 70.1 83.7 -16.2 235.1 235.5 -0.1 308.2
EBITDA margin, % *) 78.2 99.5 87.9 93.7 91.5
Adjusted EBITDA, M€ *) 56.8 50.2 13.1 146.8 133.2 10.2 179.5
Adjusted EBITDA margin, %*) 63.3 59.7 54.8 53.0 53.3
Funds From Operations (FFO), M€ *) 42.3 33.8 25.1 81.8 78.7 3.9 107.8
FFO margin, % *) 47.1 40.2 30.5 31.3 32.0
FFO per share, € *) 3) 0.17 0.15 13.3 0.35 0.34 2.9 0.47
FFO excluding one-off items, M€ *) 42.2 33.8 24.9 82.6 78.7 4.9 107.8
Investment properties, M€ 2) 4,997.9 4,516.3 10.7 4,710.2
Financial occupancy rate, % 96.8 96.7 96.7
Interest-bearing liabilities, M€ 1) *) 2,537.7 2,352.7 7.9 2,283.0
Return on equity, % (ROE)*) 9.8 11.2 10.9
Return on investments, % (ROI)*) 6.9 7.7 7.5
Equity ratio, %*) 42.2 40.2 41.3
Loan to Value, % 1) *) 46.2 45.9 46.0
EPRA NAV, M€ 2,814.6 2,495.7 12.8 2,548.8
EPRA NAV per share, € 3) 11.39 10.88 4.7 11.11
Gross investments, M€ *) 62.6 64.3 -2.6 305.8 193.7 57.9 367.3
Number of personnel, end of period 304 302 316
*) Disclosure of Alternative Performance Measurements based on ESMA guidelines is located on key figures section of this Interim Report
1) Excluding items held for sale
2) Including items held for sale
3) Key figures have been adjusted to reflect the impact of the decision by the Extraordinary General Meeting of Shareholders on 25 May, 2018 regarding the share split. In the share split the shareholders received 30 new shares per each existing share.