General growth properties inc (GGP)
CashFlow / Yearly
Dec'09Dec'08Dec'07
Net loss

-1,304,827

18,672

347,597

Equity in income of Unconsolidated Real Estate Affiliates

49,146

80,594

158,401

Provisions for impairment from Unconsolidated Real Estate Affiliates

44,511

-

-

Provision for doubtful accounts

30,331

17,873

5,426

Distributions received from Unconsolidated Real Estate Affiliates

37,403

68,240

124,481

Depreciation

707,183

712,522

635,873

Amortization

47,978

47,408

34,581

Amortization of deferred finance costs and debt market rate adjustments

34,621

28,410

-11,073

(Accretion) amortization of intangibles other than in-place leases

833

-5,691

-20,945

Straight-line rent amortization

26,582

27,827

24,334

Deferred income taxes including tax restructuring benefit

833

-4,144

-368,136

Non-cash interest expense on Exchangeable Senior Notes

27,388

25,777

17,369

Non-cash interest expense resulting from termination of interest rate swaps

-9,635

-

-

Loss (gain) on dispositions

-966

55,044

-

Provisions for impairment

1,223,810

116,611

130,533

Participation expense pursuant to Contingent Stock Agreement

-4,947

2,849

31,884

Land/residential development and acquisitions expenditures

78,240

166,141

243,323

Cost of land sales

22,019

24,516

48,794

Reorganization items - finance costs related to emerged entities

69,802

-

-

Non-cash reorganization items

-266,916

-

-

Glendale Matter deposit

67,054

-67,054

-

Accounts and notes receivable

22,601

-12,702

21,868

Prepaid expenses and other assets

11,123

-26,845

-53,819

Deferred expenses

34,064

62,945

37,878

Accounts payable and accrued expenses and deferred tax liabilities

355,025

-94,188

135,980

Other, net

-9,590

-17,644

-27,037

Net cash provided by operating activities

871,266

556,441

707,416

Acquisition/development of real estate and property additions/improvements

252,844

1,187,551

1,495,334

Proceeds from sales of investment properties

6,416

72,958

3,252

Proceeds from sales of investment in Unconsolidated Real Estate Affiliates

74,330

110,533

303,265

Increase in investments in Unconsolidated Real Estate Affiliates

154,327

227,821

441,438

Loans to Unconsolidated Real Estate Affiliates, net

-9,666

15,028

-161,892

(Increase) decrease in restricted cash

-6,260

12,419

11,590

Other, net

4,723

-20,282

-22,805

Net cash used in investing activities

-334,554

-1,208,990

-1,780,932

Proceeds from issuance of mortgages, notes and loans payable

-

3,732,716

4,456,863

Proceeds from refinance/issuance of the DIP facility

400,000

-

-

Principal payments on mortgages, notes and loans payable

379,559

3,314,039

2,692,907

Deferred finance costs

2,614

63,236

28,422

Finance costs related to emerged entities

69,802

-

-

Cash distributions paid to common stockholders

-

389,528

450,854

Cash distributions paid to holders of Common Units

1,327

78,255

96,978

Cash distributions paid to holders of perpetual and convertible preferred units

-

8,812

13,873

Proceeds from issuance of common stock, including from common stock plans

43

829,291

60,625

Redemption of preferred minority interests

-

-

-60,000

Purchase of treasury stock

-

-

95,648

Other, net

1,950

13,871

-2,895

Net cash (used in) provided by financing activities

-51,309

722,008

1,075,911

Net change in cash and cash equivalents

485,403

69,459

2,395

Interest paid

1,061,512

1,342,659

1,272,823

Interest capitalized

53,641

66,244

86,606

Income taxes paid

19,826

43,835

96,133

Reorganization items paid

120,726

-

-

Common stock issued in exchange for Operating Partnership Units

324,489

9,147

7,695

Common stock issued pursuant to Contingent Stock Agreement

-

15,533

36,671

Common stock issued in exchange for convertible preferred units

-

250

488

Change in accrued capital expenditures included in accounts payable and accrued expenses

-86,367

67,339

24,914

Change in deferred contingent property acquisition liabilities

-174,229

178,815

-

Deferred financing costs payable in conjunction with the DIP Facility

19,000

-

-

Recognition of note payable in conjunction with land held for development and sale

6,520

-

-

Mortgage debt market rate adjustments related to emerged entities

342,165

-

-

Assumption of debt by purchaser in conjunction with sale of office buildings

-

84,000

-