Attached files
| file | filename |
|---|---|
| 8-K - FORM 8-K - W. P. Carey Inc. | c18545e8vk.htm |
| EX-99.1 - EXHIBIT 99.1 - W. P. Carey Inc. | c18545exv99w1.htm |
| EX-99.3 - EXHIBIT 99.3 - W. P. Carey Inc. | c18545exv99w3.htm |
| EX-99.4 - EXHIBIT 99.4 - W. P. Carey Inc. | c18545exv99w4.htm |
| EX-23.1 - EXHIBIT 23.1 - W. P. Carey Inc. | c18545exv23w1.htm |
Exhibit 99.2
Item 6. Selected Financial Data.
The following selected financial data should be read in conjunction with the consolidated financial
statements and related notes in Item 8 (in thousands, except per share data):
| Years ended December 31, | ||||||||||||||||||||
| 2010 | 2009 | 2008 | 2007 | 2006 | ||||||||||||||||
Operating Data (a) |
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Revenues from continuing operations (b) |
$ | 272,411 | $ | 231,071 | $ | 233,424 | $ | 252,539 | $ | 257,167 | ||||||||||
Income from continuing operations |
80,747 | 64,467 | 69,426 | 67,806 | 80,294 | |||||||||||||||
Net income |
74,951 | 70,568 | 78,605 | 88,789 | 87,115 | |||||||||||||||
Add: Net loss (income) attributable to noncontrolling interests |
314 | 713 | 950 | (4,781 | ) | 220 | ||||||||||||||
Less: Net income attributable to redeemable noncontrolling interests |
(1,293 | ) | (2,258 | ) | (1,508 | ) | (4,756 | ) | (1,032 | ) | ||||||||||
Net income attributable to W. P. Carey members |
73,972 | 69,023 | 78,047 | 79,252 | 86,303 | |||||||||||||||
Basic Earnings Per Share: |
||||||||||||||||||||
Income from continuing operations attributable W. P. Carey members |
2.01 | 1.59 | 1.75 | 1.53 | 2.11 | |||||||||||||||
Net income attributable to W. P. Carey members |
1.86 | 1.74 | 1.98 | 2.08 | 2.29 | |||||||||||||||
Diluted Earnings Per Share: |
||||||||||||||||||||
Income from continuing operations attributable W. P. Carey members |
2.01 | 1.59 | 1.72 | 1.53 | 2.05 | |||||||||||||||
Net income attributable to W. P. Carey members |
1.86 | 1.74 | 1.95 | 2.05 | 2.22 | |||||||||||||||
Cash distributions declared per share |
2.03 | 2.00 | (c) | 1.96 | 1.88 | (c) | 1.82 | |||||||||||||
Balance Sheet Data |
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Net investments in real estate (d) |
$ | 946,975 | $ | 884,460 | $ | 918,741 | $ | 918,734 | $ | 850,107 | ||||||||||
Total assets |
1,172,326 | 1,093,336 | 1,111,136 | 1,153,284 | 1,093,010 | |||||||||||||||
Long-term obligations (e) |
396,982 | 326,330 | 326,874 | 316,751 | 279,314 | |||||||||||||||
Other Information |
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Cash provided by operating activities |
$ | 86,417 | $ | 74,544 | $ | 63,247 | $ | 47,471 | $ | 119,940 | ||||||||||
Cash distributions paid |
92,591 | 78,618 | 87,700 | 71,608 | 68,615 | |||||||||||||||
Payment of mortgage principal (f) |
14,324 | 9,534 | 9,678 | 16,072 | 11,742 | |||||||||||||||
| (a) | Certain prior year amounts have been reclassified from continuing operations to discontinued operations. | |
| (b) | For 2007, includes revenue earned in connection with CPA®:16 — Global meeting its performance criterion, and for 2006, includes revenue earned in connection with a CPA® REIT merger transaction. | |
| (c) | Excludes special distributions of $0.30 per share and $0.27 per share paid in January 2010 and January 2008 to shareholders of record at December 31, 2009 and December 31, 2007, respectively. | |
| (d) | Net investments in real estate consists of net investments in properties, net investments in direct financing leases, equity investments in real estate and CPA® REITs and assets held for sale, as applicable. | |
| (e) | Represents mortgage and note obligations. | |
| (f) | Represents scheduled mortgage principal payment. |