| Figures in NOK millions | APM* | Q2 2024 | Q2 2023 | 30.06.2024 | 30.06.2023 | 31.12.2023 |
|---|---|---|---|---|---|---|
| Net rental income | 829 | 848 | 1 694 | 1 699 | 3 366 | |
| Fair value adjustments in investment properties and interest rate derivatives | 1 | -254 | -409 | 2 | -688 | -4 330 |
| Profit before income taxes | 286 | 173 | 1 099 | 407 | -2 177 | |
| Profit before income tax, fair value adjustments and currency result | 2 | 523 | 592 | 1 085 | 1 185 | 2 261 |
| Equity ratio | 3 | 50 % | 51 % | 50 % | ||
| Equity per share (NOK) | 4 | 298 | 315 | 297 | ||
| Long term net asset value per share (NOK) | 4 | 350 | 372 | 348 | ||
| Net cash flow from operations | 503 | 584 | 1 030 | 1 057 | 2 035 | |
| Liquidity reserves | 5 | 7 782 | 4 910 | 5 382 | ||
| Amortisation next 12 months | 6 | 3 340 | 2 862 | 1 527 | ||
| Interest-bearing debt | 7 | 21 271 | 21 672 | 20 997 | ||
| Interest per balance sheet date | 8 | 5,16 % | 4,70 % | 5,17 % | ||
| Loan to value ratio | 7 | 37 % | 36 % | 37 % | ||
| Interest coverage ratio | 9 | 2,9 | 3,4 | 3,1 | ||
| Net investments | 10 | 256 | 267 | 439 | 1 695 | 2 025 |
| Market value properties | 11 | 56 641 | 59 486 | 56 568 | ||
| Annualized rental income level | 12 | 3 970 | 3 730 | 3 800 | ||
| Net yield properties | 13 | 6,1 % | 5,5 % | 5,9 % | ||
| Sales, owned shopping centres | 14 697 | 14 258 | 27 776 | 26 730 | 60 568 | |
| Interest per balance sheet date (NOK) | 224,0 | 167,5 | 186,5 |
Olav Thon Eiendomsselskap ASA prepares consolidated financial statements in accordance with the International Financial Reporting Standards (IFRS).
* The company also wishes to present *alternative performance measures (APM) in order to provide readers with a better understanding of the company's underlying financial results.