Key figures
| Figures in NOK millions | APM* | Q2 2023 | Q2 2022 | 30.06.2023 | 30.06.2022 | 31.12.2022 |
| Net rental income | 848 | 718 | 1 699 | 1 436 | 2 879 | |
| Fair value adjustments in investment properties and interest rate derivatives |
1 | -409 | 857 | -688 | 2 749 | 920 |
| Profit before income taxes | 173 | 1 418 | 407 | 3 885 | 3 134 | |
| Profit before income tax, fair value adjustments and currency result |
2 | 592 | 618 | 1 185 | 1 150 | 2 174 |
| Equity ratio | 3 | 51 % | 53 % | 52 % | ||
| Equity per share (NOK) | 4 | 315 | 321 | 318 | ||
| Long term net asset value per share (NOK) |
4 | 372 | 378 | 374 | ||
| Net cash flow from operations |
584 | 537 | 1 057 | 1 074 | 2 045 | |
| Liquidity reserves |
5 | 4 910 | 5 681 | 5 139 | ||
| Amortisation next 12 months | 6 | 2 862 | 2 445 | 2 623 | ||
| Interest-bearing debt |
7 | 21 672 | 20 495 | 20 227 | ||
| Interest per balance sheet date | 8 | 4,70 % | 3,40 % | 4,45 % | ||
| Loan to value ratio |
7 | 36 % | 34 % | 35 % | ||
| Net investments |
9 | 267 | 30 | 1 695 | 461 | 889 |
| Market value properties |
10 | 59 486 | 59 123 | 57 715 | ||
| Annualized rental income level |
11 | 3 730 | 3 340 | 3 385 | ||
| Net yield properties | 12 | 5,48 % | 4,90 % | 5,10 % | ||
| Sales, owned shopping centres | 14 643 | 13 999 | 27 480 | 25 816 | 57 032 | |
| Interest per balance sheet date (NOK) | 167,5 | 166,5 | 175,5 |
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.