Statement of comprehensive income

Note

2015

2014

Gross rental income

6

38,718

35,662

Service charge income

6

1,971

1,930

Other income

215

159

Revenues

40,904

37,751

Service charge expenses

(2,198)

(2,203)

Property operating expenses

7

(5,069)

(4,631)

(7,267)

(6,834)

Net rental income

33,637

30,917

Profit (loss) on sales of investment property

(183)

(8,356)

Positive fair value adjustment completed investment property

12,141

2,465

Negative fair value adjustment completed investment property

(29,682)

(40,846)

Net valuation gain (loss) on investment property

12

(17,541)

(38,381)

Net valuation gain (loss) on investment property under construction

13

19,831

30,254

Administrative expenses

8

(3,595)

(3,254)

Result before finance result

32,149

11,180

Finance income

9

1

5

Net finance result

1

5

Result before tax

32,150

11,185

Income taxes

10

-

-

Result for the year

32,150

11,185

Items that will not be reclassified subsequently to comprehensive income

-

-

Items that may be reclassified subsequently to comprehensive income

-

-

Total comprehensive income for the year, net of tax

32,150

11,185

Net result attributable to shareholders

32,150

11,185

Total comprehensive income attributable to shareholders

32,150

11,185

Distributable result

19

30,044

27,669

Pay-out ratio

19

100%

100%