Alexandria Real Estate Equities, Inc.
Alexandria Real Estate Equities, Inc. (NYSE:ARE), an S&P 500<sup>®</sup> urban office real estate investment trust ("REIT"), is the first, longest-tenured, and pioneering owner, operator, and developer uniquely focused on collaborative life science, tech…
REIT - Office
US, Pasadena [HQ]
Cash Flow Statements
15 Sheets · Starting from 2023In Million USD. Margins, Growth Rates In %
| Metric | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||||
| Operating Cash Flow (OCF) | 205.00 | 219.00 | 246.00 | 305.00 | 312.00 | 334.00 | 342.00 | 392.00 | 450.00 | 570.00 | 683.00 | 882.00 | 1,010.00 | 1,294.00 | 1,630.00 | |
| Operating Cash (Net) | 205.00 | 219.00 | 246.00 | 305.00 | 312.00 | 334.00 | 342.00 | 392.00 | 450.00 | 570.00 | 683.00 | 882.00 | 1,010.00 | 1,294.00 | 1,630.00 | |
| Accounts Receivable | - - | - - | - - | - - | -1.00 | - - | - - | - - | - - | - - | - - | 2.00 | - - | - - | - - | |
| Accounts Payable | -19.00 | 10.00 | 41.00 | 65.00 | 56.00 | 26.00 | 43.00 | 5.00 | 25.00 | 21.00 | 39.00 | -1.00 | 60.00 | 77.00 | 110.00 | |
|
Working Capital
|
- - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | |
| Change | -47.00 | -28.00 | -39.00 | 15.00 | -4.00 | -15.00 | -30.00 | -42.00 | -56.00 | -55.00 | -37.00 | -70.00 | -95.00 | -122.00 | 2.00 | |
| Other WC | -27.00 | -39.00 | -81.00 | -45.00 | -53.00 | -34.00 | -65.00 | -36.00 | -63.00 | -57.00 | -54.00 | -61.00 | -131.00 | -200.00 | -109.00 | |
| Investing Activities | ||||||||||||||||
| Used Cash (Net) | -409.00 | -436.00 | -733.00 | -558.00 | -591.00 | -634.00 | -722.00 | -1,496.00 | -1,738.00 | -2,161.00 | -3,641.00 | -3,278.00 | -7,107.00 | -5,080.00 | -2,500.00 | |
| Capital Expenditure | -446.00 | -717.00 | -735.00 | -555.00 | -561.00 | -544.00 | -683.00 | -1,436.00 | -1,553.00 | -1,944.00 | - - | -3,268.00 | -7,333.00 | - - | -2,488.00 | |
| Purchases of Investments | -12.00 | -18.00 | -27.00 | -36.00 | -36.00 | -60.00 | -95.00 | -102.00 | -171.00 | -235.00 | -190.00 | -174.00 | -408.00 | -242.00 | -189.00 | |
| Sale/Maturity of Investment | 5.00 | 4.00 | 16.00 | 27.00 | 16.00 | 18.00 | 67.00 | 38.00 | 30.00 | 103.00 | 129.00 | 141.00 | 424.00 | 198.00 | 183.00 | |
| Property, Plant, Equipment (P&PE) | -446.00 | -717.00 | -735.00 | -555.00 | -561.00 | -544.00 | -683.00 | -1,436.00 | -1,553.00 | -1,944.00 | - - | -3,268.00 | -7,333.00 | - - | -2,488.00 | |
| Acquisitions (Net) | 18.00 | - - | 20.00 | -6.00 | -17.00 | -70.00 | -9.00 | -11.00 | -39.00 | -83.00 | -102.00 | 16.00 | 372.00 | - - | - - | |
| Other Investing Activities | 25.00 | 294.00 | -7.00 | 12.00 | 7.00 | 21.00 | -1.00 | 14.00 | -3.00 | -2.00 | -3,477.00 | 7.00 | -161.00 | -5,034.00 | -5.00 | |
| Financing Activities | ||||||||||||||||
| Used Cash (Net) | -203.00 | -237.00 | -479.00 | -314.00 | -197.00 | -331.00 | -419.00 | -1,105.00 | -1,420.00 | -1,588.00 | -2,927.00 | -2,750.00 | -5,916.00 | -4,229.00 | -674.00 | |
| Debt Repayment | -1,221.00 | -809.00 | -2,572.00 | -1,012.00 | -1,377.00 | -1,424.00 | -200.00 | -4,750.00 | -602.00 | -718.00 | -1,290.00 | -696.00 | -1,085.00 | -16,291.00 | -1,156.00 | |
| Dividends Paid | -118.00 | -100.00 | -136.00 | -154.00 | -194.00 | -228.00 | -243.00 | -262.00 | -321.00 | -385.00 | -451.00 | -532.00 | -655.00 | -757.00 | -847.00 | |
|
Common Stock
|
-565 | -471 | -2,306 | 102 | 534 | 2,007 | - - | 1,639 | - - | - - | 1,241 | 2,337 | 3,563 | 2,393 | 128 | |
| Issued | 488.00 | 342.00 | 451.00 | 97.00 | 534.00 | 1,993.00 | - - | 1,432.00 | - - | - - | 1,216.00 | 2,315.00 | 3,529.00 | 2,346.00 | 103.00 | |
| Repurchased | 1,053.00 | 813.00 | 2,758.00 | -4.00 | - - | -14.00 | - - | -206.00 | - - | - - | -25.00 | -21.00 | -34.00 | -47.00 | -24.00 | |
| Other Financing Activities | 1.00 | -8.00 | -21.00 | 1,388.00 | 1,235.00 | 4.00 | 461.00 | 4,893.00 | 1,139.00 | 1,256.00 | 2,113.00 | 2,607.00 | 5,520.00 | 18,980.00 | 261.00 | |
| Cash Balances | ||||||||||||||||
| Begin of Period | 71.00 | 70.00 | 91.00 | 78.00 | 140.00 | 57.00 | 86.00 | 125.00 | 125.00 | 277.00 | 272.00 | 242.00 | 597.00 | 415.00 | 857.00 | |
| End of Period | 70.00 | 91.00 | 78.00 | 140.00 | 57.00 | 86.00 | 125.00 | 125.00 | 254.00 | 272.00 | 242.00 | 597.00 | 415.00 | 857.00 | 660.00 | |
| Change | - - | 20.00 | -12.00 | 62.00 | -83.00 | 28.00 | 39.00 | - - | 129.00 | -5.00 | -29.00 | 355.00 | -182.00 | 442.00 | -197.00 | |
| Non-Cash Balances | ||||||||||||||||
| Depreciation and Amortization | 118.00 | 126.00 | 158.00 | 192.00 | 190.00 | 224.00 | 261.00 | 313.00 | 416.00 | 477.00 | 544.00 | 698.00 | 821.00 | 927.00 | 1,000.00 | |
| Stock Based Compensation | 14.00 | 10.00 | 11.00 | 14.00 | 15.00 | 13.00 | 17.00 | 25.00 | 25.00 | 35.00 | 43.00 | 43.00 | 48.00 | 57.00 | 82.00 | |
| Other | -14.00 | -22.00 | -25.00 | -21.00 | -20.00 | -36.00 | -42.00 | -46.00 | -118.00 | -107.00 | -128.00 | -146.00 | -160.00 | -239.00 | -117.00 | |
| Highlighted metrics | ||||||||||||||||
| Free Cash Flow (FCF) | -240.00 | -497.00 | -488.00 | -249.00 | -248.00 | -209.00 | -340.00 | -1,044.00 | -1,103.00 | -1,373.00 | 683.00 | -2,386.00 | -6,323.00 | 1,294.00 | -857.00 | |
| Cash Conversion Cycle (CCC) | 14.00 | 19.00 | 361.00 | -880.00 | -834.00 | -809.00 | -323.00 | -460.00 | -376.00 | -899.00 | -827.00 | -709.00 | -1,006.00 | -1,173.00 | 67.00 | |
| Invested Capital | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | |
|
Other Operating Inflows/Outflows
|
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| Forex Effect on Cash | - - | - - | -5.00 | - - | -2.00 | -2.00 | - - | -1.00 | 1.00 | -2.00 | - - | - - | -1.00 | - - | -1.00 |