14.
GROSS REVENUE
15.
PROPERTY OPERATING EXPENSES
16.
FINANCE COSTS
Notes to the
Financial Statements
For the year ended 31 December 2015
Group
12 months
ended
31 December
2015
Group
Period from
1RYHPEHU
2013 (date of
constitution)
to
31 December
2014
EUR’000
EUR’000
Rental income
22,186
6,987
Service charges
1,945
384
Other income
2,793
955
Total
26,924
8,326
Group
12 months
ended
31 December
2015
Group
Period from
1RYHPEHU
2013 (date of
constitution)
to
31 December
2014
EUR’000
EUR’000
Property management expenses
259
105
Repair and maintenance expenses
693
183
Utilities expenses
502
119
Property tax expenses
554
38
Other expenses
887
356
Total
2,895
801
Group
12 months
ended
31 December
2015
Group
Period from
1RYHPEHU
2013 (date of
constitution)
to
31 December
2014
EUR’000
EUR’000
Interest on borrowings
2,190
581
$PRUWLVDWLRQ RI GHEW XSIURQW WUDQVDFWLRQ FRVWV
438
212
Total
2,628
793
IREIT Global
ANNUAL REPORT 2015
89
