Business
Final Results for the year ended 31 December 2022
Final Results for the year ended 31 December 2022.
About this update from Phoenix Spree Deutschland Ltd
[{"type":"text","content":"\n \n \n \n Phoenix Spree Deutschland Limited\n \n \n(the \"Company\", the \"Group\" or \"PSD\")\n \n \n \n \n \n \n Financial results for the year ended 31 December 2022\n \n \n \n \n \n \n \n \n \n \n \n Phoenix Spree Deutschland Limited (LSE: PSDL.LN), the UK listed investment company specialising in Berlin residential real estate, announces its full year audited results for the financial year ended 31 December 2022.\n \n \n \n \n \n \n Financial Highlights\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Year to 31 December 2022\n \n \n \n \n \n \n Year to 31 December 2021\n \n \n \n \n \n \n \n 2022 v 2021\n \n \n \n \n % change\n \n \n \n \n \n \n \n \n \n Income Statement\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Gross rental income (€m)\n \n \n \n \n 25.9\n \n \n \n \n 25.8\n \n \n \n \n 0.6\n \n \n \n \n \n \n (Loss) / Profit before tax (€m)\n \n \n \n \n (17.5)\n \n \n \n \n 45.3\n \n \n \n \n (138.8)\n \n \n \n \n \n \n Dividend\n per share in respect of the period\n \n \n (€ cents (£ pence))\n \n \n \n \n 2.35 (2.09)\n \n \n \n \n 7.50 (6.38)\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Balance Sheet\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Portfolio valuation (€m)\n \n 1\n \n \n \n \n \n 775.9\n \n \n \n \n 801.5\n \n \n \n \n (3.2)\n \n \n \n \n \n \n Like-for-like valuation (d\n ecrease)\n / increase (%)\n \n \n \n \n (3.1)\n \n \n \n \n 6.3\n \n \n \n \n -\n \n \n \n \n \n \n IFRS NAV per share (€) \n \n \n \n \n 4.50\n \n \n \n \n 4.74\n \n \n \n \n (5.1)\n \n \n \n \n \n \n IFRS NAV per share (£)\n \n 2\n \n \n \n \n \n 3.99\n \n \n \n \n 3.98\n \n \n \n \n 0.3\n \n \n \n \n \n \n EPRA NTA per share (€)\n \n \n \n \n 5.10\n \n \n \n \n 5.65\n \n \n \n \n (9.7)\n \n \n \n \n \n \n EPRA NTA per share (£)2 \n \n \n \n \n 4.52\n \n \n \n \n 4.74\n \n \n \n \n (4.6)\n \n \n \n \n \n \n EPRA NTA per share total return (€%)\n \n \n \n \n (8.4)\n \n \n \n \n 8.4\n \n \n \n \n \n \n \n \n \n \n \n \n \n Net LTV3 (%)\n \n \n \n \n 39.1\n \n \n \n \n 34.7\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n...