Simon Property Group Inc.

SPG ·Real Estate, REIT - Diversified, United States
Financial Statements Income Statement
Annual Quarterly

Income Statement

Line Item FY2009 FY2008 FY2007
Revenue $3.78B $3.78B $3.65B
Minimum rent
Overage rent
Tenant reimbursements
Lease income
Management fees and other revenues
Other income
Cost of Revenue
Gross Profit
Gross Margin
Operating Expenses
Research & Development
SG&A Expense $18.1M $21.0M $19.6M
Operating Income $1.41B $1.54B $1.53B
Operating Margin 37.3% 40.8% 42.0%
Interest Expense $992.1M $947.1M $945.9M
Pretax Income
Income Tax Expense $-5.2M $3.6M $-11.3M
Net Income $387.3M $599.5M $639.2M
Net Margin 10.3% 15.8% 17.5%
EPS (Basic) $1.06 $1.88 $1.96
EPS (Diluted) $1.05 $1.87 $1.95
Shares Outstanding (Basic) 267.1M 225.3M
Shares Outstanding (Diluted) 268.5M 225.9M
Dividends Per Share $2.70 $3.60
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