Key figures
| Amounts in NOK millions | APM* | 31.03.2021 | 31.03.2020 | 31.12.2020 |
| Net rental income | 686 | 625 | 2 707 | |
| Fair value adjustments in investment properties and interest rate derivatives |
1 | 497 | -3 132 | -1 548 |
| Profit before income taxes | 1 087 | -2 742 | 338 | |
| Profit before income tax and fair value adjustments |
2 | 500 | 417 | 1 936 |
| Equity ratio | 3 | 48 % | 45 % | 47 % |
| Equity per share (NOK) | 4 | 275 | 244 | 268 |
| Long term net asset value per share (NOK) |
4 | 326 | 291 | 318 |
| Net cash flow from operations |
5 | 560 | 378 | 1 710 |
| Liquidity reserves |
6 | 7 696 | 7 764 | 7 226 |
| Amortisation next 12 months | 7 | 5 058 | 7 418 | 5 533 |
| Interest-bearing debt |
8 | 20 509 | 21 602 | 21 003 |
| Interest per balance sheet date | 9 | 3,12 % | 3,38 % | 3,06 % |
| Loan to value ratio |
8 | 37 % | 40 % | 38 % |
| Net investments |
10 | 246 | 236 | 914 |
| Market value properties |
11 | 54 733 | 52 668 | 54 656 |
| Annualized rental income level |
12 | 3 250 | 3 200 | 3 250 |
| Net yield properties | 13 | 5,18 % | 5,34 % | 5,19 % |
| Sales, owned shopping centres | 11 000 | 10 404 | 52 951 | |
| Interest per balance sheet date (NOK) | 163,5 | 113,0 | 183,5 |
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.
As a result of rounding differences, numbers and percentages do not always match the total.