Prologis Inc.
Cash Flow Statement
| Line Item | FY2009 |
|---|---|
| Operating Activities | |
| Net Income | $22.8M |
| Depreciation & Amortization | $327.1M |
| Depreciation | — |
| Amortization | — |
| Stock-Based Compensation | $17.2M |
| Net Cash from Operating Activities | $89.1M |
| Investing Activities | |
| Capital Expenditures | — |
| Business Acquisitions | — |
| Net Cash from Investing Activities | $1.24B |
| Financing Activities | |
| Dividends Paid | $271.8M |
| Stock Repurchases | — |
| Net Cash from Financing Activities | $-1.46B |
| Net Change in Cash | $-140.3M |
| Free Cash Flow | — |
When you combine ignorance and leverage, you get some pretty interesting results.