Key figures
| Amounts in NOK millions | APM* | Q2 2021 | Q2 2020 | 30.06.2021 | 30.06.2020 | 31.12.2020 |
| Net rental income | 703 | 689 | 1 389 | 1 314 | 2 707 | |
| Fair value adjustments in investment properties and interest rate derivatives |
1 | 19 | -328 | 516 | -3 460 | -1 548 |
| Profit before income taxes | 503 | 180 | 1 590 | -2 562 | 338 | |
| Profit before income tax, fair value adjustments and currency result |
2 | 525 | 502 | 1 025 | 919 | 1 936 |
| Equity ratio | 3 | 49 % | 45 % | 47 % | ||
| Equity per share (NOK) | 4 | 280 | 246 | 268 | ||
| Long term net asset value per share (NOK) |
4 | 331 | 292 | 318 | ||
| Net cash flow from operations |
5 | 440 | 466 | 1 000 | 844 | 1 710 |
| Liquidity reserves |
6 | 7 303 | 6 152 | 7 226 | ||
| Amortisation next 12 months | 7 | 5 111 | 6 314 | 5 533 | ||
| Interest-bearing debt |
8 | 20 189 | 21 393 | 21 003 | ||
| Interest per balance sheet date | 9 | 3,12 % | 3,03 % | 3,06 % | ||
| Loan to value ratio |
8 | 36 % | 40 % | 38 % | ||
| Net investments |
10 | -106 | 140 | 141 | 376 | 914 |
| Market value properties |
11 | 54 746 | 52 586 | 54 656 | ||
| Annualized rental income level |
12 | 3 250 | 3 200 | 3 250 | ||
| Net yield properties | 13 | 5,16 % | 5,35 % | 5,19 % | ||
| Sales, owned shopping centres | 12 766 | 12 353 | 23 786 | 22 785 | 52 951 | |
| Interest per balance sheet date (NOK) | 178,0 | 140,0 | 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.