Kimco realty corp (KIM)
CashFlow / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09Dec'08Dec'07
Cash flow from operating activities:
Net income

413,561

498,463

439,671

386,138

900,143

435,880

241,353

280,275

182,090

161,651

6,061

276,404

442,830

Depreciation and amortization

277,879

310,380

360,811

355,320

344,527

273,093

257,855

262,742

251,139

247,637

227,776

206,518

191,270

Impairment charges

48,743

79,207

67,331

93,266

45,464

217,858

190,218

59,569

32,763

39,121

175,087

147,529

8,500

Extraordinary item

-

-

-

-

-

-

-

-

-

-

-

-

-54,340

Loss on operating/development properties held for sale/sold/transferred

-

-

-

-

-

-

-

-

-

-57

-285

598

1,832

Deferred taxes

0

0

807

55,068

4,498

15,128

-

-

-

-

-

-

-

Early extinguishment of debt charges

0

-12,762

-1,753

-45,674

0

0

-

-

-

-

-

-

-

Equity award expense

20,200

18,221

21,563

19,071

18,465

17,879

18,897

17,907

-

-

-

-

-

Gain on sale of properties

79,218

229,840

93,538

92,823

132,907

203,889

51,529

94,369

17,435

4,366

4,666

-21,800

-9,800

Gain on sale of marketable securities

-

-

-

-

39,852

0

12,135

-

-

-

-

-

-

Gain on sale of operating properties

-

-

-

-

-

-

-

-

12,074

2,130

5,751

-

-

Gain on change in control of joint venture interests

0

0

71,160

57,386

149,234

107,235

21,711

15,555

569

-

-

-

-

Gain on sale of development properties

-

-

-

-

-

-

-

-

-

-

-

36,565

40,099

Equity in income

-

-

-

218,714

480,395

159,560

208,689

112,896

63,467

55,705

6,309

132,208

-173,363

Equity in income from other real estate investments, net

-

-

-

27,773

36,090

38,042

31,136

53,397

51,813

39,642

30,039

-

-

Distributions from joint ventures and other real estate investments

93,877

104,626

58,189

90,589

126,263

255,532

258,050

194,110

163,048

162,860

136,697

261,993

403,032

Cash retained from excess tax benefits

-

-

-

-

-

-

-

-

-

103

-

-1,958

-2,471

Change in accounts and notes receivable

34,160

-5,229

7,934

6,571

2,867

8,060

-7,213

-2,940

19,271

17,388

19,878

-9,704

-4,876

Change in accounts payable and accrued expenses

-3,611

-9,175

4,417

-7,886

164

-1,095

10,166

-11,281

-8,082

15,811

4,101

-1,983

1,361

Change in Canadian withholding tax receivable

0

0

12,996

-23,571

37,040

0

-

-

-

-

-

-

-

Change in other operating assets and liabilities

55,405

51,220

52,961

65,448

67,438

68,146

88,517

50,991

7,716

27,868

79,782

-42,126

-77,907

Net cash flow provided by operating activities

583,628

637,936

614,181

592,096

493,701

629,343

570,035

479,054

448,613

479,935

403,582

567,599

665,989

Cash flow from investing activities:
Acquisition of operating real estate

1,957

5,407

153,854

203,190

661,423

384,828

354,287

442,541

268,282

182,482

374,501

266,198

1,077,202

Improvements to operating real estate

324,821

290,874

206,800

143,489

166,670

131,795

107,277

109,928

75,017

-

-

-

-

Acquisition of real estate under development

0

4,592

10,010

51,588

16,355

65,724

-

-

-

-

-

-

-

Improvements to real estate under development

118,841

235,988

160,257

72,759

16,861

418

591

2,487

37,896

41,975

143,283

388,991

640,934

Investments in marketable securities

244

63

9,822

2,466

257

11,445

33,588

-

-

9,041

-

263,985

55,235

Proceeds from sale of marketable securities

2,023

957

3,146

1,937

76,170

3,780

26,406

156

188,003

30,455

80,586

52,427

35,525

Proceeds from transferred operating/development properties

-

-

-

-

-

-

-

-

-

-

-

32,400

69,869

Investments in and advances to real estate joint ventures

27,665

36,139

35,291

86,453

91,609

93,845

296,550

219,885

171,695

138,796

109,941

219,913

413,172

Reimbursements of investments in and advances to real estate joint ventures

21,759

21,127

55,839

71,656

94,053

222,590

440,161

187,856

63,529

85,205

99,573

-118,742

-293,537

Distributions from liquidation of real estate joint ventures

-

-

-

138,475

373,833

0

-

-

-

-

-

-

-

Return of investment from liquidation of real estate joint ventures

-

-

-

191,902

88,672

0

-

-

-

-

-

-

-

Investments in and advances to other real estate investments

12,816

524

666

233

641

4,338

23,566

5,638

6,958

12,528

12,447

77,455

192,890

Reimbursements of investments in and advances to other real estate investments

5,960

12,878

40,709

-11,019

-40,556

-16,312

-30,151

-33,720

-68,881

-30,861

-18,232

-71,762

-87,925

Other real estate investments

-

-

-

-

-

-

-

-

-

-

-

-79,099

-64,046

Investment in mortgage loans receivable

48

125

0

-

-

50,000

11,469

16,021

-

2,745

7,657

68,908

97,592

Collection of mortgage loans receivable

10,449

22,299

1,405

921

55,145

8,302

29,192

63,600

19,148

27,587

48,403

54,717

94,720

Investment in other investments

2,500

857

0

-

190,278

0

21,366

924

730

4,004

4,247

-

-

Reimbursements of other investments

-

-

-

-500

0

0

-9,175

-11,553

-20,116

-8,792

-4,935

25,466

26,688

Reimbursements of other investments

-

-

-

-

-

-

-

-

-

-

-

23,254

55,361

Proceeds from sale of operating properties

324,280

754,731

181,321

304,600

437,030

612,748

385,844

449,539

135,646

238,746

34,825

120,729

59,450

Proceeds from sale of development properties

-

-

-

4,551

0

5,366

-

-

44,495

7,829

22,286

55,535

299,715

Proceeds from insurance casualty claims

4,000

16,222

0

-

-

-

-

-

-

-

-

-

-

Net cash flow used for investing activities

-120,421

253,645

-294,280

165,383

21,365

126,705

72,235

-51,000

-20,760

37,904

-343,236

-781,350

-1,507,611

Cash flow from financing activities:
Principal payments on debt, excluding normal amortization of rental property debt

-6,539

-204,746

-687,117

-700,853

-555,627

-327,963

-256,346

-284,815

-62,470

-226,155

-437,710

88,841

82,337

Principal payments on rental property debt

12,212

13,113

15,186

19,039

28,632

22,841

23,804

23,130

22,720

23,645

16,978

14,047

14,014

Principal payments on construction loan financings

-

-

-

-

-

-

-

2,177

3,428

30,383

255,512

30,814

78,295

Proceeds from construction loan financing

16,028

50,972

206,000

-

0

15,700

35,974

14,776

20,346

13,960

433,221

76,025

413,488

Proceeds under the unsecured revolving credit facility, net

100,000

92,254

-17,143

26,445

-100,000

-94,354

-57,775

8,559

112,137

-11,309

-

-

-

Borrowings under revolving unsecured credit facilities

-

-

-

-

-

-

-

-

-

-

351,880

812,329

627,369

Repayment of borrowings under unsecured revolving credit facilities

-

-

-

-

-

-

-

-

-

-

928,572

281,056

343,553

Proceeds from issuance of unsecured notes

350,000

0

1,250,000

1,400,000

1,500,030

500,000

621,562

400,000

-

449,720

520,000

-

300,000

Repayments under unsecured notes/term loan

0

315,095

550,000

1,261,850

750,000

370,842

546,717

215,900

92,600

471,725

428,701

125,000

250,000

Financing origination costs

7,707

1,221

23,305

25,679

19,017

11,911

8,041

2,138

11,478

5,330

13,730

3,300

10,819

Payment of early extinguishment of debt charges

1,531

13,308

2,631

45,674

0

0

-

-

-

-

-

-

-

Change in tenants' security deposits

-

-

-

-

2,116

0

-

-

-

-

-

-

-

Contributions from noncontrolling interests

0

109

1,422

-

106,154

1,917

-

-

-

-

-

-

-

Redemption/distribution of noncontrolling interests

15,134

6,660

96,599

-

-

-

-

-

-

-

-

-

-

Redemption/distribution of noncontrolling interests

-

-

-

-12,594

-55,753

-3,201

-30,086

-42,315

-26,682

-80,852

-31,783

-66,803

-80,972

Dividends paid

531,565

529,756

506,172

474,045

455,833

427,873

400,354

382,722

353,764

306,964

331,024

469,024

384,502

Cash retained from excess tax benefits

-

-

-

-

-

-

-

-

-

103

-

1,958

2,471

Proceeds from issuance of stock, net

204,012

33,705

440,946

307,395

18,708

23,874

30,210

796,748

6,537

177,837

1,064,444

451,002

485,220

Redemption of preferred stock

575,000

0

225,000

-

175,000

0

-

635,000

-

-

-

-

-

Repurchase of common stock

0

75,126

0

-

-

-

-

30,947

6,003

-

-

-

-

Change in other financing liabilities

-3,193

-4,528

911

1,367

-

-

-

-

-

-

-

-

-

Net cash flow provided by/(used for) financing activities

-482,841

-986,513

-223,874

-804,527

-512,854

-717,494

-635,377

-399,061

-440,125

-514,743

-74,465

262,429

584,056

Net change in cash and cash equivalents

-19,634

-94,932

96,027

-47,048

2,212

38,554

6,893

28,993

-12,272

3,096

-14,119

48,678

-257,566

Interest paid during the period including payment of early extinguishment of debt charges of $0 and $771, respectively (net of capitalized interest of $4,364 and $3,137 respectively)

169,026

199,701

192,155

252,482

232,950

207,632

216,258

226,775

220,270

242,033

204,672

217,629

215,121

Income taxes (received)/paid during the year (net of refunds received of $3,452, $1,007 and $16,118, respectively)

-1,106

514

-14,456

6,090

100,366

23,292

33,838

2,122

2,606

3,278

5,082

29,652

14,292

Joint Ventures [Member]
Equity in income

72,200

71,600

60,800

-

-

-

-

-

-

-

-

-

-

Other Real Estate Investments [Member]
Equity in income

26,076

29,100

67,001

-

-

-

-

-

-

-

-

-

-