Brookfield property reit inc. (BPR)
CashFlow / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11
Cash Flows provided by Operating Activities:
Net income

480,911

4,163,769

666,873

1,308,273

1,393,596

679,894

317,199

-471,533

-306,804

Adjustments to reconcile net (loss) income to net cash provided by operating activities:
Equity in loss of Unconsolidated Real Estate Affiliates

19,586

86,552

152,750

231,615

73,390

51,568

58,919

78,340

2,898

Distributions received from Unconsolidated Real Estate Affiliates

127,121

117,167

237,956

120,674

87,138

46,463

53,592

35,399

18,226

Provision for doubtful accounts

10,733

12,102

10,701

8,038

8,081

8,151

4,095

4,807

7,944

Depreciation and amortization

501,636

633,063

693,327

660,746

643,689

718,064

773,255

813,953

985,686

Amortization/write-off of deferred finance costs

29,409

19,294

11,880

11,876

11,607

13,621

9,453

5,380

2,705

Accretion/write-off of debt market rate adjustments

-1,684

-1,585

-4,346

-5,184

13,171

13,442

9,698

-39,798

-60,093

Amortization of intangibles other than in-place leases

-15,798

16,061

28,309

41,154

62,106

76,615

84,229

105,871

144,239

Amortization of right-of-use assets

5,282

0

0

-

-

-

-

-

-

Straight-line rent amortization

8,488

-2,425

2,084

11,867

27,809

48,935

49,780

61,963

89,728

Deferred income taxes

-7,420

-600,643

-15,532

15,353

-42,136

-5,615

-3,847

1,655

-3,148

Gain on dispositions, net

0

0

5,356

37,526

30,669

131,849

-811

24,426

4,332

Unconsolidated Real Estate Affiliates - gain on investment, net

240,430

487,166

12,000

51,555

327,017

9,710

9,837

-

-

Gain (Loss) on Sale on Change of Control of Investment Properties

720,706

3,097,196

79,056

722,904

634,367

91,193

219,784

18,549

-

Loss (gain) on extinguishment of debt

-27,542

13,983

55,112

-5,403

0

66,679

25,894

60,676

-

Provision for impairment

223,142

45,866

0

73,039

8,604

5,278

30,936

118,588

68,382

Litigation loss

-

-

-

-

-

-17,854

0

0

-

Provision for loan loss

-

-

-

29,615

0

0

-

-

-

Loss on foreign currency

0

0

-819

14,087

-44,984

-18,048

7,312

0

-

Warrant liability adjustment

-

-

-

-

-

-

40,546

502,234

-55,042

Cash paid for extinguishment of tax indemnification liability

-

-

-

-

-

138,000

0

0

-

Gain on extinguishment of tax indemnification liability

-

-

-

-

-

77,215

0

0

-

Net changes:
Accounts and notes receivable, net

-34,790

40,790

6,103

37,489

30,116

19,613

-1,697

-4,985

30,239

Prepaid expenses and other assets (see Notes 7 and 14)

-5,433

34,829

40,326

4,092

24,381

28,966

-25,273

-8,956

-13,741

Deferred expenses, net

15,279

44,746

36,603

27,888

42,708

24,234

44,877

45,518

67,719

Restricted cash

-

-

-

-

-

1,070

-16,894

-50,864

-17,407

Accounts payable and accrued expenses (see Notes 7 and 15)

1,317

-59,352

13,777

-27,924

-4,858

21,703

-80,902

-63,945

-135,448

Other, net

-10,204

-41,644

-40,238

-34,111

-33,061

-25,238

-23,005

-19,159

77

Net cash provided by operating activities

428,129

584,549

1,294,612

1,136,151

1,068,586

949,724

889,531

807,103

502,802

Cash Flows (used in) provided by Investing Activities:
Acquisition of real estate and property additions

877,059

63,700

230,754

577,845

384,270

537,357

433,405

362,358

45,034

Development of real estate and property improvements

514,287

674,485

662,762

547,447

694,621

624,829

516,906

339,988

208,242

Loans to joint venture and joint venture partners

95,815

12,393

121,262

59,769

328,819

137,070

32,161

0

-

Due to Affiliate

330,000

0

0

-

-

-

-

-

-

Cash Contribution from BPY

330,000

0

0

-

-

-

-

-

-

Proceeds from repayment of loans to joint venture and joint venture partners

18,020

204,867

50,964

13,042

0

0

-

-

-

Proceeds from sales of investment properties and Unconsolidated Real Estate Affiliates

185,167

3,050,301

62,007

1,699,466

1,155,765

361,183

1,006,357

397,251

702,778

US Government Securities, at Carrying Value

168,777

0

0

-

-

-

-

-

-

Distributions received from Unconsolidated Real Estate Affiliates in excess of income

363,168

410,578

166,867

82,800

145,461

387,234

222,053

372,205

131,290

Contributions to Unconsolidated Real Estate Affiliates

239,375

218,038

120,356

135,906

173,704

130,500

87,909

265,107

92,101

Sale (acquisition) of marketable securities

-

-

-

-46,408

33,300

0

0

-

-

Decrease in restricted cash

-

-

-

-

-

-3,414

-8,831

23,455

2,975

Other, net

-

-

-

-662

0

0

-

-

293

Net cash (used in) provided by investing activities

-1,328,958

2,697,130

-855,296

521,411

-313,488

-677,925

166,860

-221,452

485,423

Cash Flows provided by (used in) Financing Activities:
Proceeds from refinancing/issuance of mortgages, notes and loans payable (including related party debt - see Note 6)

6,420,326

7,031,647

1,595,000

908,479

1,837,440

2,401,407

5,501,047

5,622,525

2,145,848

Principal payments on mortgages, notes and loans payable - (including related party debt - see Note 6)

4,527,272

1,774,657

1,579,655

1,743,216

1,831,624

1,760,032

5,155,453

5,796,656

2,797,540

Stock Issuance Costs

0

6,524

0

0

-

-

-

-

-

Payments For Repurchase Of Treasury Stock

0

0

273,985

-

-

-

-

-

-

Net proceeds from issuance of Preferred Stock

-

-

-

-

-

-

242,042

0

-

Purchase of Warrants

-

-

-

-

-

-

633,229

0

-

Buyback of Class A Stock

114,927

0

0

34,021

109,570

555,801

566,863

0

-

Payment of deferred finance costs

42,146

112,626

3,133

13,771

7,095

21,264

20,548

34,137

19,541

Issuance of Equity Securities

293,318

0

0

-

-

-

-

-

-

Issuances of Class C Stock

0

200,000

0

0

-

-

-

-

-

Series K preferred unit redemptions

14,783

0

0

-

-

-

-

-

-

Proceeds from Warrant Exercises

0

0

551,196

0

0

-

-

-

-

Cash contributions from noncontrolling interests in consolidated real estate affiliates

0

1,471,750

15,258

0

0

-

-

-

-

Cash distributions to noncontrolling interests in consolidated real estate affiliates

790,192

9,873,248

1,020,018

680,712

610,554

534,151

4,283

-

-

Purchase and cancellation of common shares

-

-

-

-

-

-

-

-

-553,510

Cash distributions paid to stockholders

99,331

15,023

5,597

24,445

55,050

4,392

447,195

384,339

319,799

Cash distributions reinvested (DRIP) in common stock

0

357

1,020

889

658

506

614

48,523

115,363

Cash distributions paid to preferred stockholders

15,938

19,920

15,936

15,935

15,937

15,936

10,093

0

-

Cash distributions and redemptions paid to unit holders

6,883

107,050

18,372

5,545

950

718

36,894

3,812

6,802

Other, net

0

-9,631

15,959

44,163

14,507

13,782

26,920

14,188

-683

Net cash provided by (used in) financing activities

877,648

-3,214,925

-738,263

-1,564,114

-778,175

-476,599

-1,103,935

-533,708

-1,436,664

Effect on foreign exchange rates on cash and cash equivalents

0

0

-819

0

0

-

-

-

-

Net change in cash, cash equivalents and restricted cash

-23,181

66,754

-299,766

93,448

-23,077

-204,800

-47,544

51,943

-448,439

Supplemental Disclosure of Cash Flow Information:
Interest paid

-

-

-

-

-

-

-

-

903,758

Interest capitalized

-

-

-

-

-

-

-

-

1,914

Income taxes paid

-

-

-

-

-

-

-

-

9,422

Reorganization items paid

-

-

-

-

-

-

-

-

128,070

Third party property exchange

-

-

-

-

-

-

-

-

44,672

Accrued capital expenditures included in accounts payable and accrued expenses

-

-

-

-

-

-

-

-

95,462

Debt payoffs via deeds in-lieu

-

-

-

-

-

-

-

-

161,524

Non-cash dividend for RPI Spin-off

-

-

-

-

-

-

-

-

426,650

Assets

-

-

-

-

-

-

-

-

-349,942

Liabilities and equity

-

-

-

-

-

-

-

-

-234,962

Common Class B [Member]
Payments for Repurchase of Equity

224,524

0

0

-

-

-

-

-

-