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Overview of IMMOFINANZ 2005/06

Corporate structure

Stock exchange data

Report by the Executive Board

Corporate strategy

Capital market - share

Investment activities

Outlook by the Executive Board

Investments 2006/07 IMMOEAST

Experts for every situation

It all depends on the numbers

Cooperation with CPB

Portfolio Management

Valuation of properties

A hunt for the best objects

Active portfolio management

Accounting - transparency instead of hidden reserves

A balanced portfolio

Development of share price

Successful capital increases

Stock exchange heavyweight

Facts on market capitalisation

Outstanding liquidity

Key data on the IMMOFINANZ share

Investor Relations

Increasing coverage by international financial institutions

Information on the IMMOFINANZ share

Corporate Governance

Statement of compliance

Deviations from C rules

Rules 38 and 54

Risk management

Strategic and operational risks

Financing and foreign exchange risks

Sector and economic risks

The real estate business is a local business

After the reporting period

Capital increases

Investments 2006/07

IMMOWEST Investments 2006/07

IMMOEAST Investments 2006/07

Developments in the economy and branch

The economic environment

European economy

The market environment

The development of business in 2005/06

Corporate profile

Application of new accounting standards

Significant accounting policies

Property valuation and accounting

Amortisation of goodwill

Reversal of negative goodwill

Financial instruments and the fair value option

Impact of foreign currency translation

Impact on valuation

Impact on the asset position

Results for the 2005/06 Business Year

Earnings position

Revenues by primary segment

Revenues by secondary segment

Revaluation results

Revaluation results IMMOAUSTRIA and IMMOWEST

Revaluation results IMMOEAST

Revaluation results of Hungary

Revaluation results of Poland

Revaluation results of Romania

Revaluation results of Czech Republic

Revaluation results of Slovakia

Other operating income

Depreciation and amortisation

Expenses related to properties

Other operating expenses

Operating profit

Financial results

Financial position

Gross cash flow

Cash flow from operating activities

Cash flow from investing activities

Cash flow from financing activities

Investment property held for sale

Revaluation reserve

Net asset value

Fair value of property

Net operating income yields

Segment reports

Segment report IMMOAUSTRIA

IMMOAUSTRIA properties

Market report IMMOAUSTRIA

Segment report IMMOEAST

IMMOEAST properties

Market report IMMOEAST

Market report Czech Republic

Market report Hungary

Market report Poland

Market report Romania

Segment report IMMOWEST

IMMOWEST properties

Market report IMMOWEST

Market report Germany

Market report Switzerland

Market report Italy

Continued growth and diversification

Increase in foreign investments

Consolidated financial statements

Consolidated balance sheet

Consolidated income statement

Consolidated statement of cash flows

Statement of changes in equity

Segment reporting

Segmentation by region

Segmentation by sector

1. General principles

Compliance with IFRS (IAS 1.14)

Overview of applied standards and interpretations

Overview of accounting standards not applied on an early basis

2. Basis of consolidation

3. Accounting and valuation principles

4. Notes to the balance sheet

Investment Properties

Development of the acquisition cost

Development of the fair value

Property under construction

Non-current property held for sale

Net asset value (Notes)

(2) Other tangible assets

(3) Intangible assets and goodwill

1. Intangible assets

Goodwill arising from the acquisition of property companies

Goodwill from the acquisition of the SelfStorage Group

3. Negative goodwill (excess)

4. Differences arising from the consolidation of liabilities

(4) Shares in associated companies

(5) Other financial instruments

(6) Receivables and other assets

(7) Current financial instruments

(8) Inventories

(9) Shareholders' equity

(10) Financial liabilities

(11) Trade accounts payable

(12) Provisions

(13) Other liabilities

(14) Contingent liabilities and guarantees

(15) Deferred taxes

5. Notes to the income statement

(2) Revaluation

(3) Other operating income

(4) Depreciation and amortisation

(5) Expenses related to properties

(6) Other operating expenses

(7) Personnel expenses

(8) Cost of goods sold

(9) Financial results

(10) Income taxes

6. Notes to the statement of cash flows

7. Segment reporting

Revenues (Segments)

Operating profit (EBIT)

Financial results (Segments)

8. Other information

Reporting on financial instruments and risk report

Default/credit risk

Foreign exchange risk (Notes)

1. Impact on valuation

2. Impact on the asset position

Interest rate risk (Notes)

Impact on financial results

Impact on property valuation

Derivative financial instruments (Notes)

Earnings per share

Information on the company

Transactions with related parties

Constantia Privatbank Aktiengesellschaft

Management contracts

Immofinanz Corporate Finance Consulting GmbH

Immoeast Corporate Finance Consulting GmbH

CPB Corporate Finance Consulting GmbH

Immofinanz Acquisition and Finance Consulting GmbH

IMV Immobilien Management und Verwaltung GmbH

CPB Immobilientreuhand GmbH

Remuneration of Corporate Bodies

Subsequent Events (Notes)

Capital Transactions (Notes)

Acquisitions (Notes)

Financing (Notes)

Group companies

Signing by the Executive Board

Auditor's report

Analysis of results

Financial and non-financial performance indicators

New investments

Financial instruments and risk management

Default and credit risk

Foreign exchange risk

Interest rate risk

Derivative financial instruments (Analysis of results)

Subsequent events

Capital transactions

Acquisition of companies

Financing (Analysis of results)

Outlook (Analysis of results)

Report of the Supervisory Board

Objects in the portfolio

IMMOAUSTRIA Objects

IMMOEAST Objects

IMMOEAST office properties

IMMOEAST retail/commercial properties

IMMOEAST logistics properties

IMMOEAST residential properties

IMMOWEST Objects

IMMOWEST office properties

IMMOWEST recreation/hotel properties

IMMOWEST garage properties

IMMOWEST retail/commercial properties

IMMOWEST logistics properties

IMMOWEST residential properties

Supervisory Board, Executive Board and Valuation Commitee

Financial calendar

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