CARE PROPERTY INVEST NV/SA Half-yearly
Financial
Report 2022
REGULATED INFORMATION
Publication on 25 August 2022 after trading hours
HALF-YEARLY FINANCIAL REPORT
for the period from 1 January 2022 to 30 June 2022
AUDITED
The Dutch version as well as the English version of this half-yearly financial report
are legally binding. Within the framework of their contractual relationship with the Company, investors can therefore always appeal to the translated versions. Care Property invest, represented by its responsible people, is responsible for the translation and conformity of the Dutch and English language versions. However, in case of discrepancies between language versions, the Dutch version always prevails.
Regulated information
25 August 2022 - After trading hours Under embargo until 17h45
Care Property Invest
Public limited liability company (société anonyme/naamloze vennootschap), Public Regulated
Real Estate Company (Société Immobilière Réglementée (SIR) /
Gereglementeerde Vastgoedvennootschap (GVV) under Belgian Law
Office: 3 Horstebaan, 2900 Schoten
Companies Registration No. 0456.378.070 (LPR Antwerp)
(the 'Company')
Half-Yearly Financial Report 2022 - 25 August 2022
FINANCIAL HIGHLIGHTS
KEY FIGURE | 30 June 2022 | 31 Dec.2021 | 30 June 2021 | Evolution | ||
Fair value property portfolio | €1,066.1 m | €985.9 m | +8% | |||
Market capitalisation | €646.4 m | €693.5 m | -7% | |||
Occupancy rate | 100% | 100% | 100% | = | ||
Debt ratio | 51.90% | 47.06% | +10% | |||
Cost of borrowed funds | 1.59% | 1.92% | -17% | |||
Adjusted EPRA Earnings | €17.1 m | €13.2 m | +29% | |||
Adjusted EPRA Earnings | €0.63 | €0.51 | +23% | |||
per share | ||||||
EPS (GUIDANCE/ACTUALS) | €1.19 | €1.06 | +12% | |||
DPS (GUIDANCE/ACTUALS) | €1.00 | €0.87 | +15% | |||
Care Property Invest nv / Inhoud | Inhoud / Care Property Invest nv |
Table of Contents
I. Interim Report of the Board of Directors | 10 | V. Condensed financial statements | 74 |
1. Important events | 10 | 1. Consolidated global result statement | 74 |
2. Synthesis of the consolidated balance sheet and the global result statement | 16 | 2. Consolidated balance sheet | 75 |
3. Outlook | 25 | 3. Cash-flow table | 76 |
4. Conflicts of interest | 29 | 4. Statement of changes in consolidated equity | 78 |
5. Corporate governance | 30 | 5. Notes to the consolidated financial statements | 80 |
6. Research and Development | 31 | 6. Events after the closing date | 87 |
7. Capital increases within the context of authorised capital | 31 | 7. Transactions with affiliated parties | 87 |
8. Treasury shares | 32 | 8. Information on subsidiaries | 88 |
9. Publication of the 2021 Sustainability Report | 32 | 9. Auditor's report | 89 |
10. Persons responsible (Royal Decree 14 November 2007) | 33 | 10. Alternative Performance Measures | 90 |
II. Care Property Invest on the stock market | 36 | ||
1. Stock price and volume | 36 | ||
2. Dividend policy | 38 | ||
3. Bonds and short-term debt securities | 39 | ||
4. Shareholding structure | 40 | ||
5. Financial calendar | 41 | ||
III. EPRA | 44 | ||
1. EPRA (European Public Real Estate Association) - Membership | 44 | ||
IV. Real estate report | 56 | ||
1. Status of the property market in which the Company operates | 56 | ||
2. Analysis of the full consolidated property portfolio | 63 | ||
3. Report of the real estate expert | 68 |
4 | 5 |
I.
Interim Report of the
Board of Directors
Berchem (BE) I Park Kemmelberg
HISTORY
1995 - 2022
.1996
Capital increase in cash (IPO - Eurnext Brussels).
7 February 1996
Total amount of capital increase: approx.
€59 million
As of 7 February 1996
10,210 fully paid-up shares
.2012
Initial investment programme 2,000
serviceflats completed.
.2015
Capital increase in cash.
22 June 2015
Total amount of capital increase: approx. €36
million
As of 22 June 2015
13,184,720 fully paid-up shares
.2015
New address: Horstebaan 3, 2900 Schoten..
. 2017
Capital increase in kind.
15 March 2017
Total amount of capital increase: approx.
€34 million.
As of 15 March 2017
15,028,880 fully paid-up shares.
.1995
Establishment of Serviceflats Invest nv.
Recognition as a Belgian real estate investment fund, on the initiative of the Flemish government with the objective to build and finance 2,000 service flats for PCSW's and social non-profit organisations in the Flemish and Brussels-Capital Region.
As of 30 October 1995
210 fully paid-up shares
.2000
Innovation award for 'Technology and housing of elderly people'.
.
.2013-2014
Amendments to the articles of association to expand the Company's objective.
.2014
Serviceflats Invest nv becomes
Care Property invest nv.
Share split 1: 1000
As of 24 March 2014
10,210,000 fully paid-up shares
Acquisition of the status of a Public Regulated Real Estate Company (Public RREC).
.2014
Optional dividend
May-June 2014
Total amount of capital increase: approx. €2
million
As of 20 June 2014
10,359,425 fully paid-up shares
.2016
Inclusion in the Bel MID index.
Start of EPRA membership.
.2017
Acquisition of first projects in Walloon and Brussels-Capital Regions.
.2019
Capital increase in kind.
3 April 2019
Total amount of capital increase: approx. €16 million.
As of 3 April 2019
20,086,876 fully paid-up shares.
. 2020
Optional dividend
May-June 2020
Total amount of capital increase: approx. €7 million.
As of 19 June 2020
21,918,213 fully paid-up shares.
. 2021
Capital increase in kind.
20 January 2021
Total amount of capital increase: approx. €42 million.
As of 20 January 2021
25,806,148 fully paid-up shares.
. 2021
Capital increase in kind.
17 November 2021
Total amount of capital increase: approx. €27 million.
As of 17 November 2021
26.931.116 fully paid-up shares.
.2022
Optional dividend
May-June 2022
Total amount capital increase:
approx. €4 million.
As of 20 June 2022
27,102,910 fully paid-up shares.
. 2017
Capital increase in cash.
27 October 2017
Total amount of capital increase: approx.
€70 million
As of 27 October 2017
19,322,845 fully paid-up shares.
.2018
Entry onto the Dutch market.
Acquisition of 100th residential care project.
. 2019
Optional dividend
May-June 2020
Total amount of capital increase: approx. €7
million.
As of 26 June 2019
20,394,746 fully paid-up shares.
.2020
Capital increase in kind.
15 January 2020
Total amount of capital increase: approx. €34 million.
As of 15 January 2020
21,645,122 fully paid-up shares.
.2020
Entry onto the Spanish market.
.2020
Capital increase in cash (ABB).
June 2020
Total amount of capital increase: approx. €60 million.
As of 25 June 2020
24,110,034 fully paid-up shares.
.2022
Entry onto the Irish market.
.2022
Capital increase in kind.
7 July 2022
Total amount of capital increase:
approx. €14 million.
As of 7 July 2022
27,741,625 fully paid-up shares.
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Care Property Invest NV published this content on 25 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 25 August 2022 15:57:05 UTC.
