Consolidated statement of comprehensive income

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(x EUR million)

Notes

2013

20121

Total revenues

17

742.2

739.9

Variable rent component

-141.5

-139.6

Interest expenses related to rent obligations

-127.2

-118.5

Movement rent obligations component in leased properties

-48.9

-53.8

Expenses investment property operational and financial lease

18

-317.6

-311.9

Other operating expenses investment property

-107.3

-108.6

Wages and salaries

-89.4

-89.1

Social security premiuns

-19.8

-25.0

General expenses

-22.9

-21.6

Operational result before depreciation

185.2

183.7

Depreciation

-10.6

-10.9

Operational result

174.6

172.8

Financial result

19

-91.0

-92.4

Result from participating interests

-

-0.1

Direct result before taxes

83.6

80.3

Taxes

22

-19.8

-21.3

Direct result after taxes

63.8

59.0

Revaluation result investment property

5

-292.0

-3.1

Other valuation results

21

-7.1

3.2

Total valuation result

-299.1

0.1

Goodwill impairment

4

-

-166.8

Indirect result before taxes

-299.1

-166.7

Taxes

22

88.8

13.9

Indirect result after taxes

-210.3

-152.8

NET RESULT

-146.5

-93.8

Foreign exchange differences on translation of foreign operations and net movement of currency derivatives

-27.2

8.3

Movement in fair value of interest derivatives

51.0

-14.5

Direct movements in shareholders' equity before taxes that will be transfered to the profit and loss statement in the coming periods

23.8

-6.2

Taxes on foreign exchange differences on translation of foreign operations and net movement of currency derivatives

7.4

-1.2

Taxes on movement in fair value of interest derivatives

-15.0

0.8

Direct movements in shareholders' equity after taxes

16.2

-6.6

TOTAL COMPREHENSIVE INCOME AFTER TAXES

-130.3

-100.4

  1. The comparative figures for 2012 have been adjusted to reflect the change in presentation of expenses related to investment property due to operational and financial lease contracts, as well as due to the change in presentation of the revenues on internally capitalised hours. For further details please refer to note 1.