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Annual Report
Hapimag, the leading company in the European market for part-time rights of residence, in 2011 achieved a positive annual result of EUR 1.2 million (previous year EUR -7.8 million). The operating income rose by 8.5 per cent to EUR 186.4 million (previous year EUR 171.7 million).
The German and English versions of the annual report are available as a downloadable PDF document.
The German annual report can be obtained from the Hapimag headquarters in Baar as a printed version.
Summaries of the annual report in German, English, Italian, French, and Dutch have been online. (Please select the appropriate language version on the Hapimag website.)-
Overview of the 2011 financial year
The most important key figures for the Hapimag Group (as of 31 December 2011):
- Members: over 141 000
- Own resorts: 57, of which 3 are houseboat bases
- Resorts providing supplementary accommodation: 10
- Apartments: over 5300
- Employees (100% positions): 1403
- IFRS balance sheet total: EUR 666.9 million
- Operating income IFRS: EUR 186.4 million
- Degree of self-financing: 90.0 %
- EBIT: EUR 4.7 million
- Consolidated result: EUR 1.2 million