Bouwfonds European Residential - Catella Real Estate AG
Bouwfonds European Residential - Catella Real Estate AG
Bouwfonds European Residential - Catella Real Estate AG
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Development of Returns (Multi-year Review) 1<br />
Return ratios in %<br />
I. Properties<br />
1 The Investment Fund’s historical performance is not necessarily indicative of future performance.<br />
2 For the short financial year from 27 December 2007 to 30 April 2008.<br />
3 According to the BVI method.<br />
Financial year<br />
2008/2009<br />
Financial year<br />
2007/2008 2<br />
Gross income 5.3 3.3<br />
Management expenses -0.7 0.0<br />
Net income 4.6 3.3<br />
Changes in value 1.3 8.0<br />
Income tax incurred outside Germany 0.0 0.0<br />
Deferred taxes incurred outside Germany 0.0 0.0<br />
Income before loan expenses 5.9 11.3<br />
Income after loan expenses in currency 5.7 11.3<br />
Total income in currency 5.7 11.3<br />
Exchange rate changes 0.0 0.0<br />
Total income in Fund currency 5.7 11.3<br />
II. Liquidity 3.7 3.0<br />
Total Fund income after Fund expenses 3 4.5 0.8<br />
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