Prologis, inc. (PLD)
Income statement / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09Dec'08
Revenues:
Rental

2,831

2,388

2,225

1,734

1,536

1,178

1,227

1,459

1,007

549

692

-

Rental recoveries

-

-

-

485

437

348

331

364

257

150

-

-

Strategic capital

491

406

373

303

217

219

179

126

137

122

144

-

Development management and other

6

9

19

9

6

13

11

9

18

17

8

-

CDFS disposition proceeds

-

-

-

-

-

-

-

-

-

-

180

-

Total revenues

3,330

2,804

2,618

2,533

2,197

1,760

1,750

1,960

1,421

840

1,027

-

Expenses:
Rental

734

600

569

568

544

430

451

491

348

199

214

-

Strategic capital

184

157

155

128

108

115

89

63

54

40

43

-

General and administrative

266

238

231

222

217

229

229

228

195

165

192

-

Impairment of real estate properties

-

-

-

-

-

-

-

-

-

-

331

-

Depreciation and amortization

1,139

947

879

930

880

642

648

724

542

294

266

-

Other

13

13

12

14

66

23

26

26

24

16

24

-

Total expenses

2,338

1,957

1,847

1,864

1,816

1,440

1,446

1,867

1,326

1,453

1,071

-

Operating income before gains on real estate transactions, net

991

847

771

-

-

-

-

-

-

-

-

-

Gains on dispositions of development properties and land, net

467

469

327

-

-

-

-

-

-

-

-

-

Gains on other dispositions of investments in real estate, net

390

371

855

-

-

-

-

-

-

-

-

-

Merger, acquisition and other integration expenses

-

-

-

-

-

-

-

80

140

0

-

-

Impairment of real estate properties

-

-

-

-

-

-

-

252

21

736

-

182

Operating income

1,849

1,687

1,954

668

380

319

304

92

94

-613

-44

-

Other income (expense):
Earnings from unconsolidated entities, net

200

298

248

206

159

134

97

31

59

23

28

-

Interest expense

239

229

274

303

301

308

379

505

466

461

372

-

Interest and other income, net

24

14

13

8

25

25

26

22

12

15

-39

-

Gains on real estate transactions, net

-

-

-

757

758

725

597

305

111

28

35

-

Foreign currency and derivative gains, net

-41

117

-57

7

12

-17

-33

-20

41

-11

35

-

Losses on early extinguishment of debt, net

-16

-2

-68

2

-86

-165

-277

-14

0

-201

172

-

Impairment of other assets

-

-

-

-

-

-

-

16

126

412

163

-

Total other income

-73

198

-138

678

568

393

31

-195

-367

-1,018

-304

-

Earnings before income taxes

1,776

1,886

1,815

1,347

948

713

336

-102

-273

-1,631

-349

-

Current income tax expense

-

-

-

-

-

-

-

-17

21

21

29

-

Deferred income tax benefit

-

-

-

-

-

-

-

14

-19

-52

-23

-

Total income tax expense

74

63

54

54

23

-25

106

-3

1

-30

5

-

Earnings from continuing operations

-

-

-

-

-

-

229

-106

-274

-1,601

-355

-

Income attributable to disposed properties and assets held for sale

-

-

-

-

-

-

6

40

58

96

114

-

Net gains on dispositions, including taxes

-

-

-

-

-

-

116

35

58

234

264

-

Total discontinued operations

-

-

-

-

-

-

123

75

117

331

379

-

Consolidated net earnings

1,701

1,822

1,760

1,292

925

739

353

-30

-157

-1,270

23

-

Less net earnings attributable to noncontrolling interests

128

173

108

82

56

103

10

9

-4

0

1

-

Net earnings attributable to controlling interests

1,572

1,649

1,652

1,209

869

636

342

-39

-153

-1,270

22

-

Less preferred stock/unit dividends/distributions

6

5

6

6

6

7

18

41

34

25

25

-

Loss on preferred stock/unit repurchase

0

0

3

0

0

6

9

-

-

-

-

-

Net earnings attributable to common stockholders/unitholders

1,566

1,643

1,641

1,203

862

622

315

-80

-188

-1,295

-2

-

Weighted average common shares/units outstanding - Basic

630

567

530

526

521

499

486

459

370

219

179

-

Weighted average common shares/units outstanding - Diluted

654

590

552

546

533

506

491

461

371

219

179

-

Net earnings per share attributable to common stockholders/unitholders  Basic
Continuing operations

-

-

-

-

-

-

0.40

-0.35

-0.83

-7.41

-2.12

-

Discontinued operations

-

-

-

-

-

-

0.25

0.17

0.32

1.51

2.11

-

Net earnings per share/unit attributable to common stockholders/unitholders - Basic

2.48

2.90

3.10

2.29

1.66

1.25

0.65

-0.18

-0.51

-5.90

-0.01

-

Net earnings per share attributable to common stockholders/unitholders  Diluted
Continuing operations

-

-

-

-

-

-

0.39

-0.34

-0.82

-7.41

-2.12

-

Discontinued operations

-

-

-

-

-

-

0.25

0.16

0.31

1.51

2.11

-

Net earnings per share/unit attributable to common stockholders/unitholders - Diluted

2.46

2.87

3.06

2.27

1.64

1.24

0.64

-0.18

-0.51

-5.90

-0.01

-

Dividends or distributions per common share or unit

-

-

-

1.68

1.52

1.32

1.12

1.12

1.06

1.25

1.57

-

Distributions per common unit

-

-

-

1.68

1.52

-

-

1.12

1.06

1.25

1.57

-

Prologis, L.P. [Member]
Rental

2,831

2,388

2,225

1,734

-

-

-

-

-

-

-

-

Rental recoveries

-

-

-

485

-

-

-

-

-

-

-

-

Strategic capital

491

406

373

303

-

-

-

-

-

-

-

-

Development management and other

6

9

19

9

-

-

-

-

-

-

-

-

Total revenues

3,330

2,804

2,618

2,533

-

-

-

-

-

-

-

-

Rental

734

600

569

568

-

-

-

-

-

-

-

-

Strategic capital

184

157

155

128

-

-

-

-

-

-

-

-

General and administrative

266

238

231

222

-

-

-

-

-

-

-

-

Depreciation and amortization

1,139

947

879

930

-

-

-

-

-

-

-

-

Other

13

13

12

14

-

-

-

-

-

-

-

-

Total expenses

2,338

1,957

1,847

1,864

-

-

-

-

-

-

-

-

Operating income before gains on real estate transactions, net

991

847

771

-

-

-

-

-

-

-

-

-

Gains on dispositions of development properties and land, net

467

469

327

757

-

-

-

-

-

-

-

-

Gains on other dispositions of investments in real estate, net

390

371

855

-

-

-

-

-

-

-

-

-

Operating income

1,849

1,687

1,954

668

-

-

-

-

-

-

-

-

Earnings from unconsolidated entities, net

200

298

248

206

-

-

-

-

-

-

-

-

Interest expense

239

229

274

303

-

-

-

-

-

-

-

-

Interest and other income, net

24

14

13

8

-

-

-

-

-

-

-

-

Foreign currency and derivative gains, net

-41

117

-57

7

-

-

-

-

-

-

-

-

Losses on early extinguishment of debt, net

-16

-2

-68

2

-

-

-

-

-

-

-

-

Total other income

-73

198

-138

678

-

-

-

-

-

-

-

-

Earnings before income taxes

1,776

1,886

1,815

1,347

-

-

-

-

-

-

-

-

Total income tax expense

74

63

54

54

-

-

-

-

-

-

-

-

Consolidated net earnings

1,701

1,822

1,760

1,292

-

-

-

-

-

-

-

-

Less net earnings attributable to noncontrolling interests

82

124

63

48

-

-

-

-

-

-

-

-

Net earnings attributable to controlling interests

1,619

1,698

1,697

1,244

-

-

-

-

-

-

-

-

Less preferred stock/unit dividends/distributions

6

5

6

6

-

-

-

-

-

-

-

-

Loss on preferred stock/unit repurchase

0

0

3

0

-

-

-

-

-

-

-

-

Net earnings attributable to common stockholders/unitholders

1,613

1,692

1,686

1,237

-

-

-

-

-

-

-

-

Weighted average common shares/units outstanding - Basic

641

575

536

532

-

-

-

-

-

-

-

-

Weighted average common shares/units outstanding - Diluted

654

590

552

546

-

-

-

-

-

-

-

-

Net earnings per share/unit attributable to common stockholders/unitholders - Basic

2.48

2.90

3.10

2.29

-

-

-

-

-

-

-

-

Net earnings per share/unit attributable to common stockholders/unitholders - Diluted

2.46

2.87

3.06

2.27

-

-

-

-

-

-

-

-

Dividends or distributions per common share or unit

-

-

-

1.68

-

-

-

-

-

-

-

-

AMB PROPERTY CORPORATION
Rental revenues

-

-

-

-

-

-

-

-

-

-

-

609

Private capital revenues

-

-

-

-

-

-

-

-

-

-

-

68

Total revenues

-

-

-

-

-

-

-

-

-

-

-

677

General and administrative

-

-

-

-

-

-

-

-

-

-

-

143

Property operating costs

-

-

-

-

-

-

-

-

-

-

-

97

Real estate taxes

-

-

-

-

-

-

-

-

-

-

-

75

Depreciation and amortization

-

-

-

-

-

-

-

-

-

-

-

161

Real estate impairment losses

-

-

-

-

-

-

-

-

-

-

-

182

Restructuring charges

-

-

-

-

-

-

-

-

-

-

-

12

Fund costs

-

-

-

-

-

-

-

-

-

-

-

1

Other expenses

-

-

-

-

-

-

-

-

-

-

-

0

Total costs and expenses

-

-

-

-

-

-

-

-

-

-

-

675

Development profits, net of taxes

-

-

-

-

-

-

-

-

-

-

-

81

Gains from sale or contribution of real estate interests, net

-

-

-

-

-

-

-

-

-

-

-

19

Equity in earnings of unconsolidated joint ventures, net

-

-

-

-

-

-

-

-

-

-

-

17

Interest expense, including amortization

-

-

-

-

-

-

-

-

-

-

-

134

Other income (expense)

-

-

-

-

-

-

-

-

-

-

-

-3

Loss on early extinguishment of debt

-

-

-

-

-

-

-

-

-

-

-

-0

Total other income and expenses, net

-

-

-

-

-

-

-

-

-

-

-

-19

Income (loss) from continuing operations

-

-

-

-

-

-

-

-

-

-

-

-17

Income attributable to discontinued operations

-

-

-

-

-

-

-

-

-

-

-

8

Gains from sale of real estate interests, net of taxes

-

-

-

-

-

-

-

-

-

-

-

2

Total discontinued operations

-

-

-

-

-

-

-

-

-

-

-

11

Net income (loss)

-

-

-

-

-

-

-

-

-

-

-

-6

Joint venture partners' share of net income

-

-

-

-

-

-

-

-

-

-

-

32

Joint venture partners' and limited partnership unitholders' share of development profits, net of tax

-

-

-

-

-

-

-

-

-

-

-

9

Preferred unitholders

-

-

-

-

-

-

-

-

-

-

-

5

Limited partnership unitholders

-

-

-

-

-

-

-

-

-

-

-

-5

Total noncontrolling interests' share of net income

-

-

-

-

-

-

-

-

-

-

-

42

Net income (loss) attributable to AMB Property Corporation

-

-

-

-

-

-

-

-

-

-

-

-49

Preferred stock dividends

-

-

-

-

-

-

-

-

-

-

-

15

Allocation to participating securities

-

-

-

-

-

-

-

-

-

-

-

1

Net income (loss) available to common stockholders

-

-

-

-

-

-

-

-

-

-

-

-66

Basic

-

-

-

-

-

-

-

-

-

-

-

97

Diluted

-

-

-

-

-

-

-

-

-

-

-

97

Loss from continuing operations (after preferred stock dividends)

-

-

-

-

-

-

-

-

-

-

-

-0.77

Discontinued operations

-

-

-

-

-

-

-

-

-

-

-

0.09

Net income (loss) available to common stockholders

-

-

-

-

-

-

-

-

-

-

-

-0.68

Loss from continuing operations (after preferred stock dividends)

-

-

-

-

-

-

-

-

-

-

-

-0.77

Discontinued operations

-

-

-

-

-

-

-

-

-

-

-

0.09

Net income (loss) available to common stockholders

-

-

-

-

-

-

-

-

-

-

-

-0.68

AMB PROPERTY, L.P.
Rental revenues

-

-

-

-

-

-

-

-

-

-

-

609

Private capital revenues

-

-

-

-

-

-

-

-

-

-

-

68

Total revenues

-

-

-

-

-

-

-

-

-

-

-

677

General and administrative

-

-

-

-

-

-

-

-

-

-

-

143

Property operating costs

-

-

-

-

-

-

-

-

-

-

-

97

Real estate taxes

-

-

-

-

-

-

-

-

-

-

-

75

Depreciation and amortization

-

-

-

-

-

-

-

-

-

-

-

161

Real estate impairment losses

-

-

-

-

-

-

-

-

-

-

-

182

Restructuring charges

-

-

-

-

-

-

-

-

-

-

-

12

Fund costs

-

-

-

-

-

-

-

-

-

-

-

1

Other expenses

-

-

-

-

-

-

-

-

-

-

-

0

Total costs and expenses

-

-

-

-

-

-

-

-

-

-

-

675

Development profits, net of taxes

-

-

-

-

-

-

-

-

-

-

-

81

Gains from sale or contribution of real estate interests, net

-

-

-

-

-

-

-

-

-

-

-

19

Equity in earnings of unconsolidated joint ventures, net

-

-

-

-

-

-

-

-

-

-

-

17

Interest expense, including amortization

-

-

-

-

-

-

-

-

-

-

-

134

Other income (expense)

-

-

-

-

-

-

-

-

-

-

-

-3

Loss on early extinguishment of debt

-

-

-

-

-

-

-

-

-

-

-

-0

Total other income and expenses, net

-

-

-

-

-

-

-

-

-

-

-

-19

Income (loss) from continuing operations

-

-

-

-

-

-

-

-

-

-

-

-17

Income attributable to discontinued operations

-

-

-

-

-

-

-

-

-

-

-

8

Gains from sale of real estate interests, net of taxes

-

-

-

-

-

-

-

-

-

-

-

2

Total discontinued operations

-

-

-

-

-

-

-

-

-

-

-

11

Net income (loss)

-

-

-

-

-

-

-

-

-

-

-

-6

Joint venture partners' share of net income

-

-

-

-

-

-

-

-

-

-

-

32

Joint venture partners' and Class B limited partnership unitholders' share of development profits, net of tax

-

-

-

-

-

-

-

-

-

-

-

6

Preferred unitholders

-

-

-

-

-

-

-

-

-

-

-

5

Limited partnership unitholders

-

-

-

-

-

-

-

-

-

-

-

-1

Total noncontrolling interests' share of net income

-

-

-

-

-

-

-

-

-

-

-

43

Net income (loss) attributable to AMB Property Corporation

-

-

-

-

-

-

-

-

-

-

-

-50

Preferred stock dividends

-

-

-

-

-

-

-

-

-

-

-

15

Allocation to participating securities

-

-

-

-

-

-

-

-

-

-

-

1

(Loss) income from continuing operations (after preferred unit distributions)

-

-

-

-

-

-

-

-

-

-

-

-0.75

Discontinued operations

-

-

-

-

-

-

-

-

-

-

-

0.09

Net income (loss) available to common unitholders

-

-

-

-

-

-

-

-

-

-

-

-0.66

Net income (loss) available to common unitholders

-

-

-

-

-

-

-

-

-

-

-

-67

General partner

-

-

-

-

-

-

-

-

-

-

-

-66

Limited partners

-

-

-

-

-

-

-

-

-

-

-

-0

Net income (loss) available to common unitholders

-

-

-

-

-

-

-

-

-

-

-

-67

Loss from continuing operations (after preferred stock distributions)

-

-

-

-

-

-

-

-

-

-

-

-0.75

Discontinued operations

-

-

-

-

-

-

-

-

-

-

-

0.09

Net income( loss) available to common unitholders

-

-

-

-

-

-

-

-

-

-

-

-0.66

Basic

-

-

-

-

-

-

-

-

-

-

-

101

Diluted

-

-

-

-

-

-

-

-

-

-

-

101