Prologis, Inc.
Prologis, Inc. is the global leader in logistics real estate with a focus on high-barrier, high-growth markets. As of December 31, 2020, the company owned or had investments in, on a wholly owned basis or through co-investment ventures, properties and de…
REIT - Industrial
US, San Francisco [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) | 242.00 | 252.00 | 207.00 | 463.00 | 484.00 | 704.00 | 963.00 | 1,417.00 | 1,687.00 | 1,803.00 | 2,264.00 | 2,937.00 | 2,996.00 | 4,126.00 | 5,373.00 | |
| Operating Cash (Net) | 242.00 | 252.00 | 207.00 | 463.00 | 484.00 | 704.00 | 963.00 | 1,417.00 | 1,687.00 | 1,803.00 | 2,264.00 | 2,937.00 | 2,996.00 | 4,126.00 | 5,373.00 | |
| Accounts Receivable | 17.00 | -18.00 | -40.00 | -178.00 | -12.00 | - - | -102.00 | -91.00 | 6.00 | -112.00 | -96.00 | -112.00 | -342.00 | -135.00 | -82.00 | |
| Accounts Payable | -24.00 | 27.00 | - - | -5.00 | -80.00 | -63.00 | -7.00 | 26.00 | 36.00 | 30.00 | 115.00 | 94.00 | 176.00 | 109.00 | 255.00 | |
|
Working Capital
|
- - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | |
| Change | -6.00 | 8.00 | -187.00 | -184.00 | -93.00 | -63.00 | -110.00 | -65.00 | 42.00 | -82.00 | 18.00 | -18.00 | -165.00 | -26.00 | 70.00 | |
| Other WC | - - | - - | -146.00 | - - | - - | - - | - - | -106.00 | 37.00 | -72.00 | -108.00 | -127.00 | -328.00 | -71.00 | -102.00 | |
| Investing Activities | ||||||||||||||||
| Used Cash (Net) | 75.00 | -586.00 | -233.00 | 529.00 | 2,333.00 | -488.00 | -4,648.00 | 1,252.00 | 543.00 | -663.00 | -685.00 | -3,074.00 | -1,990.00 | -4,499.00 | -6,468.00 | |
| Capital Expenditure | -402.00 | -272.00 | -1,081.00 | -80.00 | -82.00 | -78.00 | -83.00 | -101.00 | -110.00 | -915.00 | -322.00 | -1,248.00 | -498.00 | -550.00 | -691.00 | |
| Purchases of Investments | -16.00 | -413.00 | -92.00 | - - | - - | - - | - - | 101.00 | -5.00 | -11.00 | -30.00 | -9.00 | -16.00 | -3.00 | -7,881.00 | |
| Sale/Maturity of Investment | 482.00 | 106.00 | 170.00 | - - | - - | - - | 129.00 | 79.00 | 7.00 | 29.00 | 23.00 | 2.00 | 3.00 | 59.00 | 2,186.00 | |
| Property, Plant, Equipment (P&PE) | -402.00 | -272.00 | -1,081.00 | -80.00 | -82.00 | -78.00 | -83.00 | -101.00 | -110.00 | -915.00 | -322.00 | -1,248.00 | -498.00 | -550.00 | -691.00 | |
| Acquisitions (Net) | 4.00 | - - | -1,025.00 | -238.00 | -1,487.00 | -1,085.00 | -304.00 | 510.00 | -415.00 | 199.00 | 113.00 | -1,823.00 | -739.00 | -365.00 | -81.00 | |
| Other Investing Activities | 7.00 | -7.00 | 1,796.00 | 848.00 | 3,904.00 | 676.00 | -4,389.00 | 661.00 | 1,066.00 | 34.00 | -469.00 | 4.00 | -738.00 | -3,638.00 | 37.00 | |
| Financing Activities | ||||||||||||||||
| Used Cash (Net) | -288.00 | -329.00 | -163.00 | -1,071.00 | -2,365.00 | -337.00 | -3,595.00 | -2,125.00 | -2,606.00 | -1,232.00 | -839.00 | -372.00 | -1,008.00 | -115.00 | -1,320.00 | |
| Debt Repayment | -2,245.00 | -1,516.00 | -1,907.00 | -1,850.00 | -6,105.00 | -4,923.00 | -2,217.00 | -898.00 | -3,578.00 | -4,166.00 | -802.00 | -1,031.00 | -1,360.00 | -1,381.00 | -4,915.00 | |
| Dividends Paid | -158.00 | -155.00 | -414.00 | -567.00 | -573.00 | -672.00 | -804.00 | -893.00 | -942.00 | -1,123.00 | -1,345.00 | -1,722.00 | -1,872.00 | -2,494.00 | -3,228.00 | |
|
Common Stock
|
552 | -1,095 | -142 | -1,411 | 1,988 | 405 | 12 | 8 | 46 | -4,218 | 28 | 61 | 20 | 55 | 24 | |
| Issued | 552.00 | 478.00 | 1,156.00 | 30.00 | 1,505.00 | 378.00 | - - | - - | 32.00 | 6.00 | 6.00 | 2.00 | - - | 27.00 | - - | |
| Repurchased | - - | 1,574.00 | 1,298.00 | 1,442.00 | -482.00 | -27.00 | -12.00 | -8.00 | -13.00 | 4,225.00 | -22.00 | -59.00 | -19.00 | -27.00 | -24.00 | |
| Other Financing Activities | 1,563.00 | -51.00 | 29.00 | -126.00 | 3,290.00 | 4,906.00 | 2,195.00 | -325.00 | 1,895.00 | -174.00 | -274.00 | 379.00 | -476.00 | 4,068.00 | -366.00 | |
| Cash Balances | ||||||||||||||||
| Begin of Period | 223.00 | 187.00 | 37.00 | 176.00 | 100.00 | 491.00 | 350.00 | 264.00 | 807.00 | 447.00 | 343.00 | 1,088.00 | 598.00 | 556.00 | 278.00 | |
| End of Period | 187.00 | 198.00 | 176.00 | 100.00 | 491.00 | 350.00 | 264.00 | 807.00 | 447.00 | 343.00 | 1,088.00 | 598.00 | 556.00 | 278.00 | 530.00 | |
| Change | -36.00 | 11.00 | 138.00 | -75.00 | 390.00 | -140.00 | -86.00 | 543.00 | -360.00 | -103.00 | 744.00 | -490.00 | -41.00 | -277.00 | 251.00 | |
| Non-Cash Balances | ||||||||||||||||
| Depreciation and Amortization | 169.00 | 180.00 | 603.00 | 767.00 | 664.00 | 642.00 | 880.00 | 930.00 | 879.00 | 947.00 | 1,139.00 | 1,561.00 | 1,577.00 | 1,812.00 | 2,484.00 | |
| Stock Based Compensation | 23.00 | 23.00 | 28.00 | 32.00 | 49.00 | 57.00 | 53.00 | 60.00 | 76.00 | 76.00 | 97.00 | 109.00 | 113.00 | 175.00 | 267.00 | |
| Other | 84.00 | 6.00 | -60.00 | -56.00 | -350.00 | -583.00 | -780.00 | -796.00 | -1,067.00 | -961.00 | -706.00 | -333.00 | -1,678.00 | -1,403.00 | -526.00 | |
| Highlighted metrics | ||||||||||||||||
| Free Cash Flow (FCF) | -160.00 | -20.00 | -874.00 | 382.00 | 402.00 | 625.00 | 880.00 | 1,315.00 | 1,576.00 | 887.00 | 1,941.00 | 1,688.00 | 2,497.00 | 3,575.00 | 4,681.00 | |
| Cash Conversion Cycle (CCC) | -562.00 | -943.00 | 35.00 | -514.00 | -336.00 | -551.00 | -336.00 | -251.00 | -354.00 | -502.00 | -253.00 | -325.00 | -320.00 | -587.00 | -118.00 | |
| Invested Capital | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | |
|
Other Operating Inflows/Outflows
|
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| Forex Effect on Cash | -65.00 | 15.00 | 1.00 | 3.00 | -62.00 | -18.00 | -9.00 | - - | 15.00 | -10.00 | 5.00 | 18.00 | -39.00 | -20.00 | -22.00 |