Consolidated statement of changes in equity

2024 (EUR x 1,000)	Notes	Capital contributions	Share premium reserve	Hedging reserve	Revaluation reserve	Other reserve	Total equity
Balance as at 1 January 2024		89	1,408,998	-	1,041,920	864,812	3,315,819

Result of the year					324,959	63,099	388,058
Capital contributions	12	(2)	1				(2)
Subscriptions	13	(1)	1,108				1,107
Realised from property sales	14				(67,283)	67,283	-
Total comprehensive income for the year attributable to Investors of the ARC Fund		(3)	1,108	-	257,676	130,382	389,162

Transactions with Investors of the ARC Fund
- Redemptions		-	(90,802)				(90,802)
- Dividend distributions		-	(94,000)				(94,000)
		(3)	(183,694)	-	257,676	130,382	204,360

Balance as at 31 December 2024		86	1,225,304	-	1,299,596	995,194	3,520,179

2023 (EUR x 1,000)	Notes	Capital contributions	Share premium reserve	Hedging reserve	Revaluation reserve	Other reserve	Total equity
Balance as at 1 January 2023		87	1,416,857	-	1,302,885	782,997	3,502,826

Result of the year		-	-	-	(253,746)	74,596	(179,150)
Capital contributions	12	(1)	(3)	-	-	-	(4)
Subscriptions	13	3	121,831	-	-	-	121,834
Realised from property sales	14	-	-	-	(7,219)	7,219	-
Total comprehensive income for the year attributable to Investors of the ARC Fund		2	121,828	-	(260,965)	81,815	(57,320)

Transactions with Investors of the ARC Fund
- Redemptions		0	(38,937)	-	-	-	(38,937)
- Dividend distributions		-	(90,750)	-	-	-	(90,750)
		2	(7,859)	-	(260,965)	81,815	(187,007)

Balance as at 31 December 2023		89	1,408,998	-	1,041,920	864,812	3,315,819

(0) articles in My report