Highwoods Properties, Inc.
Cash Flow Statement
| Line Item | FY2009 | FY2008 |
|---|---|---|
| Operating Activities | ||
| Net Income | $61.7M | $35.6M |
| Depreciation & Amortization | $129.7M | $122.8M |
| Depreciation | $131.9M | $127.6M |
| Amortization | — | — |
| Stock-Based Compensation | $6.6M | — |
| Net Cash from Operating Activities | $189.1M | $157.8M |
| Investing Activities | ||
| Capital Expenditures | — | — |
| Business Acquisitions | — | — |
| Net Cash from Investing Activities | $-61.8M | $-134.3M |
| Financing Activities | ||
| Dividends Paid | $114.4M | — |
| Stock Repurchases | — | — |
| Net Cash from Financing Activities | $-117.4M | $-12.9M |
| Net Change in Cash | $9.9M | $10.6M |
| Free Cash Flow | — | — |