| All figures in NOK million | Q2-19 | Q1-19 | Q4-18 | Q3-18 | Q2-18 | Q1-18 | Q4-17 | Q3-17 | Q2-17 | Q1-17 | Q4-16 | Q3-16 | Q2-16 | Q1-16 | Q4-15 | Q3-15 | Q2-15 | Q1-15 | 2.018,0 | 2.017,0 | 2.016,0 | 2.015,0 | 2.014,0 | 2.013,0 |
| Rental income | 580,2 | 585,1 | 569,3 | 570,2 | 558,1 | 545,1 | 525,8 | 506,7 | 517,0 | 525,1 | 506,4 | 476,8 | 462,6 | 453,5 | 437,2 | 458,6 | 423,4 | 440,4 | 2.242,6 | 2.074,7 | 1.899,4 | 1.759,7 | 1.772,0 | 1.632,3 |
| Change period-on-period | 4,0% | 7,3% | 8,3% | 12,5% | 7,9% | 3,8% | 3,8% | 6,3% | 11,8% | 15,8% | 15,8% | 4,0% | 9,3% | 3,0% | -2,6% | 2,5% | -4,3% | 1,7% | 8,1% | 9,2% | 7,9% | -0,7% | 8,6% | 2,8% |
| Net operating income | 530,2 | 541,9 | 515,5 | 525,1 | 516,4 | 501,2 | 480,0 | 467,9 | 476,0 | 489,1 | 454,9 | 434,8 | 421,5 | 428,9 | 376,0 | 410,9 | 381,0 | 406,5 | 2.058,2 | 1.913,1 | 1.740,1 | 1.574,4 | 1.624,3 | 1.475,0 |
| Change period-on-period | 2,7% | 8,1% | 7,4% | 12,2% | 8,5% | 2,5% | 5,5% | 7,6% | 12,9% | 14,0% | 21,0% | 5,8% | 10,6% | 5,5% | -6,7% | 1,0% | -8,3% | 1,8% | 7,6% | 9,9% | 10,5% | -3,1% | 10,1% | 2,6% |
| Net income from property management | 351,8 | 374,8 | 352,3 | 368,9 | 364,2 | 349,1 | 314,3 | 306,8 | 327,8 | 311,0 | 272,8 | 260,5 | 257,9 | 278,3 | 220,2 | 258,4 | 110,2 | 210,3 | 1.434,5 | 1.259,4 | 1.069,6 | 799,1 | 773,8 | 525,2 |
| Change period-on-period | -3,4% | 7,4% | 12,1% | 20,3% | 11,1% | 12,3% | 15,2% | 17,8% | 27,1% | 11,7% | 23,9% | 0,8% | 134,1% | 32,3% | 68,3% | 15,4% | -49,4% | 4,5% | 13,9% | 17,8% | 33,8% | 3,3% | 47,4% | na |
| Profit before tax | 937,4 | 857,2 | 713,6 | 660,4 | 842,9 | 855,8 | 1.250,5 | 1.031,1 | 1.446,3 | 1.302,0 | 1.474,6 | 757,4 | 789,5 | 284,4 | 717,0 | 680,6 | 661,0 | 1.016,2 | 3.072,7 | 5.029,9 | 3.306,0 | 3.074,9 | 1.377,0 | 457,6 |
| Change period-on-period | 11,2% | 0,2% | -42,9% | -36,0% | -41,7% | -34,3% | -15,2% | 36,1% | 83,2% | 357,8% | 105,7% | 11,3% | 19,4% | -72,0% | 65,0% | 29,0% | 104,3% | 1.014,7% | -38,9% | 52,1% | 7,5% | 123,3% | 200,9% | -43,4% |
| Profit after tax | 763,4 | 707,2 | 779,2 | 528,2 | 694,0 | 733,6 | 1.400,9 | 823,2 | 1.246,0 | 1.044,3 | 1.315,7 | 582,4 | 603,0 | 221,3 | 774,5 | 492,4 | 506,4 | 948,1 | 2.734,9 | 4.514,3 | 2.722,3 | 2.721,3 | 1.025,7 | 465,7 |
| Change period-on-period | 10,0% | -3,6% | -44,4% | -35,8% | -44,3% | -29,8% | 6,5% | 41,4% | 106,6% | 371,9% | 69,9% | 18,3% | 19,1% | -76,7% | 137,7% | 28,0% | 106,9% | 1.247,4% | -39,4% | 65,8% | 0,0% | 165,3% | 120,2% | -34,8% |
| Market value of the property portfolio | 47.312,5 | 46.437,9 | 45.630,2 | 44.891,1 | 43.671,4 | 42.765,3 | 40.036,1 | 38.431,5 | 37.553,8 | 36.986,8 | 35.784,8 | 35.191,1 | 32.046,7 | 29.862,5 | 29.598,0 | 28.756,3 | 28.085,8 | 27.688,6 | 45.630,2 | 40.036,1 | 35.784,8 | 29.598,0 | 28.358,0 | 24.963,0 |
| Net nominal interest bearing debt* | 19.228,0 | 18.507,6 | 18.940,7 | 18.596,0 | 17.734,2 | 17.207,5 | 17.852,4 | 17.377,5 | 17.477,7 | 17.631,0 | 17.453,7 | 17.515,7 | 15.038,8 | 14.514,9 | 14.639,6 | 12.843,0 | 12.901,1 | 12.270,6 | 18.940,7 | 17.852,4 | 17.453,7 | 14.639,6 | 13.889,8 | 14.350,1 |
| Loan to value | 0,4 | 0,4 | 0,4 | 0,4 | 0,4 | 0,4 | 0,4 | 0,4 | 0,5 | 0,5 | 0,5 | 0,5 | 0,5 | 0,5 | 0,5 | 0,4 | 0,5 | 0,4 | 0,4 | 0,4 | 0,5 | 0,5 | 0,5 | 0,6 |
| Interest coverage ratio | 3,3 | 3,5 | 3,4 | 3,6 | 3,7 | 3,6 | 2,9 | 2,9 | 3,1 | 2,9 | 2,8 | 2,7 | 2,7 | 2,8 | 2,6 | 2,9 | 2,5 | 2,3 | 3,6 | 3,0 | 2,7 | 2,5 | 2,0 | 1,8 |
| EPRA NAV* | 26.463,7 | 26.232,6 | 25.729,1 | 25.180,0 | 25.014,2 | 24.519,2 | 23.372,5 | 22.171,5 | 21.534,4 | 20.234,1 | 18.612,8 | 17.125,7 | 16.748,2 | 16.591,5 | 16.342,2 | 15.626,4 | 14.885,7 | 14.951,0 | 25.729,1 | 23.372,5 | 18.612,8 | 16.341,7 | 14.034,7 | 10.949,1 |
| EPRA NNNAV* | 24.577,3 | 24.323,1 | 23.931,1 | 23.408,0 | 23.196,4 | 22.747,6 | 21.665,4 | 20.475,1 | 19.875,8 | 18.624,6 | 17.153,8 | 15.534,4 | 15.176,3 | 15.104,9 | 14.954,6 | 14.253,6 | 13.626,2 | 13.518,7 | 23.931,1 | 21.665,4 | 17.153,8 | 14.954,1 | 12.491,6 | 9.847,8 |
| Average outstanding shares (million)* | 182,6 | 182,7 | 183,1 | 183,7 | 183,7 | 183,7 | 183,7 | 183,7 | 183,7 | 183,7 | 183,7 | 183,7 | 183,7 | 183,7 | 183,7 | 183,7 | 183,7 | 183,7 | 183,6 | 183,7 | 183,7 | 183,7 | 183,7 | 0,1 |
| All figures in NOK per share* | Q2-19 | Q1-19 | Q4-18 | Q3-18 | Q2-18 | Q1-18 | Q4-17 | Q3-17 | Q2-17 | Q1-17 | Q4-16 | Q3-16 | Q2-16 | Q1-16 | Q4-15 | Q3-15 | Q2-15 | Q1-15 | 2.017,0 | 2.016,0 | 2.015,0 | 2.014,0 | 2.013,0 | |
| EPRA NAV* | 145,3 | 143,6 | 140,9 | 137,1 | 136,2 | 133,5 | 127,2 | 120,7 | 117,2 | 110,2 | 101,3 | 93,2 | 91,2 | 90,3 | 89,0 | 85,1 | 81,0 | 81,4 | 140,9 | 127,2 | 101,3 | 89,0 | 76,4 | 76.998,0 |
| Change period-on-period | 6,7% | 7,6% | 10,7% | 13,6% | 16,2% | 21,2% | 25,6% | 29,5% | 28,6% | 22,0% | 13,9% | 9,6% | 12,5% | 11,0% | na | na | na | na | 10,7% | 25,6% | 13,9% | 16,4% | na | na |
| EPRA NNNAV* | 135,0 | 133,2 | 131,0 | 127,4 | 126,3 | 123,8 | 117,9 | 111,5 | 108,2 | 101,4 | 93,4 | 84,6 | 82,6 | 82,2 | 81,4 | 77,6 | 74,2 | 73,6 | 131,0 | 117,9 | 93,4 | 81,4 | 68,0 | 69.253,0 |
| Change period-on-period | 6,9% | 7,5% | 11,1% | 14,3% | 16,7% | 22,1% | 26,3% | 31,8% | 31,0% | 23,3% | 14,7% | 9,0% | 11,4% | 11,7% | na | na | na | na | 11,1% | 26,3% | 14,7% | 19,7% | na | na |
| EPRA Earnings | 1,4 | 1,5 | 1,3 | 1,4 | 1,5 | 1,4 | 1,4 | 1,2 | 1,4 | 1,2 | 1,2 | 1,0 | 1,0 | 1,1 | 0,8 | 0,8 | 0,9 | 0,8 | 5,6 | 5,2 | 4,3 | 3,3 | 3,0 | 3.158,0 |
| Change period-on-period | -5,2% | 8,1% | -2,2% | 16,6% | 5,4% | 8,9% | 13,0% | 30,1% | 33,6% | 15,7% | 52,3% | 12,5% | 19,9% | 40,1% | na | na | na | na | 7,0% | 22,5% | 31,4% | 8,3% | na | na |
| Cash earnings**/*** | 1,9 | 2,0 | 1,9 | 2,0 | 2,0 | 1,9 | 1,7 | 1,7 | 1,8 | 1,7 | 1,5 | 1,4 | 1,4 | 1,5 | 1,2 | 1,4 | 0,6 | 1,2 | 7,7 | 6,8 | 5,8 | 5,0 | 4,1 | 3.833,3 |
| Change period-on-period | -2,9% | 7,9% | 11,5% | 19,8% | 12,2% | 11,3% | 16,1% | 17,4% | 25,0% | 11,7% | 22,2% | 0,8% | 138,5% | 32,0% | na | na | na | na | 13,7% | 17,4% | 17,0% | 20,8% | na | na |
| Dividend per share**** | 2,3 | 0,0 | 2,3 | 0,0 | 2,2 | 0,0 | 2,1 | 0,0 | 2,0 | 0,0 | 1,8 | 0,0 | 1,7 | 0,0 | 3,0 | 0,0 | na | na | 4,5 | 4,1 | 3,5 | 3,0 | 2,5 | na |
| Change period-on-period | 4,5% | 0,0% | 9,5% | 0,0% | 10,0% | 0,0% | 20,0% | 0,0% | 17,6% | 0,0% | na | 0,0% | na | 0,0% | na | 0,0% | na | na | 9,8% | 18,8% | 15,0% | 20,0% | na | na |
| Notes | ||||||||||||||||||||||||
| * The revaluation of investments made in JVs was in Q1-19 reported as 1,108 million. The correct revaluation should however have been 756 million, resulting in EPRA NAV and EPRA NNNAV of | ||||||||||||||||||||||||
| 26,233 million (NOK 144 per share) and 24,323 million (NOK 133 per share), respectively. Key figures in this table are updated correspondingly. | ||||||||||||||||||||||||
| ** Cash earnings in 2015 has been adjusted by 115 million due to termination of swap contracts in Q2-2015. | ||||||||||||||||||||||||
| The termination fee was defined as a one-off item and did not reduce cash earnings as a basis for dividend for 2015. | ||||||||||||||||||||||||
| *** Cash earnings definition changed from Q1-16 to also include net income from property management for JVs excluding Oslo S Utvikling. | ||||||||||||||||||||||||
| **** In 2016, Entra ASA started with semi-annual payments of dividends. Dividend for 2018 of 4.50 per share constitute dividend of 2.20 per share approved | ||||||||||||||||||||||||
| and paid for the first half 2018 and dividend of 2.30 per share approved for the second half of 2018, paid in May 2019. Dividend year to date Q2-19 relates to approved, not yet paid dividend. | ||||||||||||||||||||||||
| Several of the numbers are marked as not applicable ("na") as the figures are not comparable either due to historical changes in the P&L or due to changes in the outstanding shares of Entra ASA. | ||||||||||||||||||||||||
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