Alexandria Real Estate Equities, Inc.
Cash Flow Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $169.1M | $-65.9M | $144.2M | $101.6M | $136.2M | $93.3M | $113.3M | $122.8M |
| Depreciation & Amortization | $416.8M | $313.4M | $261.3M | $224.1M | $189.1M | $185.7M | $150.9M | $121.2M |
| Depreciation | — | — | — | — | — | — | — | — |
| Amortization | — | — | — | — | — | — | — | — |
| Stock-Based Compensation | $25.6M | $25.4M | $17.5M | $14.0M | $15.6M | $14.2M | $11.8M | $10.8M |
| Net Cash from Operating Activities | $450.9M | $393.5M | $342.6M | $334.3M | $312.7M | $305.5M | $247.0M | $227.0M |
| Investing Activities | ||||||||
| Capital Expenditures | — | — | — | — | — | — | — | — |
| Business Acquisitions | $659.7M | — | $438.1M | — | — | — | — | — |
| Net Cash from Investing Activities | $-1.74B | $-1.50B | $-722.4M | $-634.8M | $-591.4M | $-558.1M | $-733.6M | $-444.7M |
| Financing Activities | ||||||||
| Dividends Paid | $321.8M | $262.8M | $243.1M | $228.3M | $195.0M | $154.3M | $135.2M | $96.2M |
| Stock Repurchases | — | — | — | — | — | — | — | — |
| Net Cash from Financing Activities | $1.42B | $1.09B | $419.1M | $331.3M | $197.6M | $314.9M | $479.2M | $237.9M |
| Net Change in Cash | $129.3M | $-66.0K | $39.1M | $28.3M | $-83.3M | $62.4M | $-12.7M | $20.6M |
| Free Cash Flow | — | — | — | — | — | — | — | — |