Key figures
| Amounts in NOK millions | APM* | Q3 2020 | Q3 2019 | 30.09.20 | 30.09.19 | 31.12.19 |
| Net rental income | 722 | 654 | 2 036 | 2 005 | 2 684 | |
| Fair value adjustments in investment properties and interest rate derivatives |
1 | 158 | 277 | -3 302 | -93 | 424 |
| Profit before income taxes | 711 | 741 | -1 850 | 1 369 | 2 336 | |
| Profit before income tax and fair value adjustments 2) | 2 | 556 | 464 | 1 419 | 1 478 | 1 941 |
| Equity ratio | 3 | 46 % | 45 % | 46 % | ||
| Equity per share (NOK) | 4 | 251 | 256 | 264 | ||
| Long term net asset value per share (NOK) 3) | 4 | 298 | 306 | 315 | ||
| Net cash flow from operations |
5 | 423 | 423 | 1 264 | 1 344 | 1 765 |
| Liquidity reserves |
6 | 6 111 | 7 916 | 6 796 | ||
| Amortisation next 12 months | 7 | 6 985 | 5 457 | 4 913 | ||
| Interest-bearing debt |
8 | 20 995 | 21 879 | 21 481 | ||
| Interest per balance sheet date | 9 | 3,00 % | 3,08 % | 3,27 % | ||
| Loan to value ratio |
8 | 39 % | 39 % | 39 % | ||
| Net investments |
10 | 200 | 145 | 576 | 356 | 548 |
| Market value properties |
11 | 52 889 | 53 890 | 54 257 | ||
| Annualized rental income level |
12 | 3 200 | 3 170 | 3 215 | ||
| Net yield properties | 13 | 5,31 % | 5,13 % | 5,13 % | ||
| Sales, owned shopping centres | 13 819 | 12 244 | 36 576 | 34 980 | 50 211 | |
| Sales, managed shopping centres | 2 261 | 1 980 | 5 975 | 5 633 | 8 058 | |
| Interest per balance sheet date (NOK) | 139,0 | 144,4 | 167,8 |
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.