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Other operating expenses

Definitions

Non-recoverable costs incurred during the day-to-day running of a property, such as insurance, property management fee, utilities, supplies, property taxes, non-recoverable service ...

Net operating income (NOI)

Definitions

Gross operating income (#5.1) less operating expenses (#5.2 and #5.3). It relates to the operating portfolio of the vehicle and not (re)development assets which are reported under ...

Other non-recurring net income

Definitions

Non-recurring non-operating profit income, calculated by subtracting related operating expenses from the revenue of development projects and non-rental revenue.

Operational result

Definitions

Interest and other costs related to external debt (eg interest expense or income, extension fees, prepayment fees, cost of related interest rate swaps, debt arrangement fees), excl ...

Net financing cost

Definitions

Interest and other costs related to external debt (eg interest expense or income, extension fees, prepayment fees, cost of related interest rate swaps, debt arrangement fees), excl ...

Vehicle level expenses

Definitions

Non property-related operating expenses of the vehicle. These expenses include costs and fees as accounted for in the financial statements of the vehicle.

Tax expenses

Definitions

Non property-related operating expenses of the vehicle. These expenses include costs and fees as accounted for in the financial statements of the vehicle.

Current income tax charge

Definitions

Income taxes include all domestic and foreign taxes that are based on taxable profits. Current tax for current and prior periods is, to the extent that it is unpaid, recognised as ...

Deferred tax charge

Definitions

The combined mutation in deferred tax assets and deferred tax liabilities. Deferred tax asset: The amounts of income taxes recoverable in future periods in respect of: 1) deductibl ...

Other tax charges

Definitions

Other (if applicable) P&L related taxes. Items not included as deferred or current income tax.

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