MERLIN Properties Annual Report 2018 / English

ı 79 ı Annual Report 20 18 Generation of photovoltaic electricity in MERLIN’s assets MERLIN has photovoltaic panels at three of its assets through which it jointly generated 2,113 GJ in renewable energy in 2018. This electricity is self-consumed in the three assets and also in one of them is exported to the grid. Electricity consumption at MERLIN Properties’ headquarters Employees are distributed between MERLIN’s headquarters in Madrid and Barcelona, which account for 71% and 11% of the Group’s total workforce. MERLIN currently controls only the consumptions that take place in the Company’s corporate headquarters, so that this section will only take into account consumption associated with MERLIN’s Madrid offices. All MERLIN employees in Madrid work at a single corporate headquarters, occupying two floors of an office building. These floors have a total floor area of 1,855 sqm. Electricity consumption on these floors amounted to 767 GJ in 2018, entailing energy intensity of 0.41 GJ/sqm. This consumption represents an increase of 35% compared to the previous year, mainly due to the fact that MERLIN moved to its new headquarters in late March 2017, and headcount increased during 2018. If the consumption made in the 9 months that MERLIN occupied its offices in 2017 were annualized, the level of energy consumed would remain constant. Water consumption 1 Water consumption in MERLIN’s portfolio derives from the municipal supply network. None of the assets reported consumes water from alternative sources. In like for like terms, water consumption amounted to 197,894 m 3 . This consumption includes offices (56%), shopping centres (42%) and logistics assets (2%). This represents an 11% reduction with regards to 2017. With respect to like for like office portfolio, water consumption has been 109,917 m 3 , a 10% reduction compared to 2017. Water consumption of the like for like shopping centre portfolio also experienced a notable reduction with respect to 2017 levels, falling to 83,510 m 3 in 2018. This represents a 21% decrease with respect to the previous year’s consumption. (1) Water consumption reported relates to the assets in which MERLIN controls management. Absolute fuel consumption by asset category (GJ) Absolute fuel consumption by asset category (GJ) Energy consumption in offices Energy consumption in shopping centers 2017 2018 2016 23,502 23,502 58,353 66,780 11,015 69,368 14,832 81,612 Like for like fuel consumption by asset category (GJ) Fuel consumption in offices Fuel consumption in shopping centers Like for like fuel consumption by asset category (GJ) Energy consumption in offices Energy consumption in shopping centers 2017 2018 2016 18,873 18,873 21,662 26,744 21,662 26,744