Overview of the 2022 financial year Key financial figures 2022
Real estate portfolio and pipeline Focus and outlook 2023
10.2.2023 | Annual Results 2022
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Overview of the 2022 financial year
Highlights
A pleasing rise in rental income and reduction in the vacancy rate
Rental income was increased by 5.1% due to the acquisitions and marketing successes of the previous year.
The vacancy rate in the investment portfolio was reduced to 4.3% (4.8% as at 31 December 2021).
Value-creating development activity
Net income of CHF 44.0 million from revaluation generated by development properties and investment properties under construction.
Pleasing net income from developments and sale of trading properties of CHF 42.4 million, generated by the sale of two residential projects in Zurich and the positive response
to the Aura condominium project in Horgen.
Strengthening of capital base and low financing costs
Successful capital increase by means of a rights issue (with net proceeds of CHF 158.2 million).
Sale of two investment properties for portfolio optimisation and reinvestment of the proceeds to realise the projects (capital recycling).
Conclusion of committed unsecured overall credit lines of CHF 150.0 million.
Implementation of sustainable business operations
Development of the guideline on sustainable business operations and the internal guideline on sustainable construction.
Assessment of climate-related finance risks (TCFD).
Analysis of potential for additional photovoltaic systems.
10.2.2023 | Annual Results 2022
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Les Garages, Quartier du Flon
Lausanne
Key financial figures 2022
Key financial figures 2022
Key income statement figures I
CHF million
2018
2019
2020
2021
2022
Δ y-o-y %
Net rental income
94.0
106.7
105.1
112.5
120.0
6.6
Profit from development projects and sale of
trading properties
6.2
3.0
36.8
58.5
42.4
-27.4
Net income from revaluation
42.0
51.5
34.3
53.3
44.3
-16.9
Profit on disposal of investment properties
29.0
6.4
1.6
0.0
4.0
nmf
Personnel, operating and administrative expenses1
-38.0
-35.8
-33.9
-32.3
-33.2
2.6
EBIT
133.6
134.0
145.8
194.7
181.5
-6.8
EBIT excluding revaluation
91.7
82.5
111.5
141.3
137.2
-3.0
Financial result
-27.0
-28.4
-28.4
-25.0
-17.5
-29.9
Tax expense
-19.4
-5.1
-21.6
-32.0
-31.6
-1.4
Profit
90.3
103.1
96.6
139.4
135.3
-2.9
Capitalised own-account services are netted against personnel, operating and administrative expenses in the figures presented here.
10.2.2023 | Annual Results 2022
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Mobimo Holding AG published this content on 10 February 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 10 February 2023 06:08:50 UTC.
Mobimo Holding AG is a Swiss holding company engaged in the real estate sector. The Company diversifies its activities into two business divisions: Portfolio Management and Development. The Portfolio Management business division focuses on the long-term holding and managing of commercial and residential properties. The division also is engaged in the buying and selling of investment properties. The Development division is responsible for purchasing land as well as for the construction and sale of residential property. It also holds land, properties under construction and completed properties which are to be included in the investment property portfolio. The Company is active exclusively in Switzerland. The Company's acquisitions and investments are targeted mainly in the business centers of Zuerich, Lausanne/Geneva, Basel, Lucerne/Zug, Aarau and St. Gall. It also operates a number of Switzerland-based subsidiaries.
MOBIMO HOLDING AG 
