21st Austria weekly - Immofinanz Fabasoft 20/04/2022 [pic1]Immofinanz: Real estate company Immofinanz raised its esults of operations by roughly 46% to Euro 210.1 million in 2021 and clearly topped the previous year as well pre-crisis period 2019. Net profit improved 345.8 mn compared with crisis-related loss -165.9 mn year. has a robust balance sheet structure strengthened equity ratio 48.1% 31 December 2020: 45.1% cash equivalents 987.1 mn. Stefan Schönauer member Executive Board Immofinanz: "A strong sheet solid financing stable investment grade rating are foundation for our value-creating sustainable growth. Our 48% during course gearing based on net loan-to-value is conservative at 36.7%. Over above that we have nearly one billion euros liquid funds. In other words sound further growth flexibility possible debt repayment. Almost