Prologis Inc.
Cash Flow Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $1.65B | $1.21B | $869.4M | $636.2M | $342.9M | $-39.7M | $-153.4M | $-1.27B |
| Depreciation & Amortization | $879.1M | $931.0M | $880.4M | $642.5M | $664.0M | $767.5M | $603.9M | $356.7M |
| Depreciation | — | — | — | — | — | — | — | — |
| Amortization | — | — | — | — | — | — | — | — |
| Stock-Based Compensation | $76.6M | $60.3M | $53.7M | $57.5M | $49.2M | $32.1M | $28.9M | $25.1M |
| Net Cash from Operating Activities | $1.69B | $1.42B | $1.12B | $704.5M | $485.0M | $463.5M | $207.1M | $240.8M |
| Investing Activities | ||||||||
| Capital Expenditures | — | — | — | — | — | — | — | — |
| Business Acquisitions | $0 | $0 | — | — | $678.6M | $365.2M | — | — |
| Net Cash from Investing Activities | $543.3M | $1.25B | — | $-488.3M | $2.33B | $529.6M | $-233.1M | $733.3M |
| Financing Activities | ||||||||
| Dividends Paid | $942.9M | $893.5M | $804.7M | $672.2M | $573.9M | $567.8M | $387.1M | $280.7M |
| Stock Repurchases | — | — | — | — | — | — | — | — |
| Net Cash from Financing Activities | $-2.61B | $-2.13B | — | $-337.8M | $-2.37B | $-1.07B | $163.3M | $-969.8M |
| Net Change in Cash | $-360.3M | $543.2M | $-86.6M | $-140.4M | $390.3M | $-75.3M | $138.4M | $3.3M |
| Free Cash Flow | — | — | — | — | — | — | — | — |
Ten years of filings tell you more than one hot tip ever will.