Ventas, Inc. VTR Income Statement

Ventas, inc. (VTR)

Income statement / Yearly

Dec'19	Dec'18	Dec'17	Dec'16	Dec'15	Dec'14	Dec'13	Dec'12	Dec'11	Dec'10	Dec'09	Dec'08	Dec'07
Revenues
Rental income
1,609	1,513	1,593	1,476	1,346	1,138	1,036	1,180	793	523	488	476	454
Income from loans and investments
89	124	117	98	86	51	54	39	34	16	13	8	2
Interest and other income
10	24	6	0	1	4	2	1	1	0	0	4	2
Medical office buildings
-	-	-	-	-	-	-	-	-	69	35	-	-
Total revenues
3,872	3,745	3,574	3,443	3,286	2,776	2,516	2,469	1,731	1,000	923	919	742
Expenses
Interest
451	442	448	419	367	292	249	288	223	172	173	202	194
Depreciation and amortization
1,045	919	887	898	894	725	629	714	444	200	197	229	225
Property-level operating expenses:
Medical office buildings
-	-	-	-	-	-	-	-	-	24	12	10	-
All other
-	-	-	-	-	-	-	-	-	-	-	5	-
Property-level operating expenses
1,808	1,689	1,483	1,434	1,383	1,195	1,109	966	645	315	302	306	198
Office building services costs
2	1	3	7	26	17	8	9	27	9	0	-	-
General, administrative and professional fees
165	151	135	126	128	121	115	98	74	49	38	40	36
Foreign currency loss (gain)
-	-	-	-	-	-	-	-	-	-	-	0	24
Loss on extinguishment of debt, net
-41	-58	-0	-2	-14	-5	-1	-37	-27	-9	-6	2	0
Litigation proceeds, net
-	-	-	-	-	-	-	-	202	0	0	-	-
Merger-related expenses and deal costs
15	30	10	24	102	43	21	63	153	19	13	4	2
Other
17	-66	-20	9	17	25	17	6	7	0	0	-	-
Total expenses
3,513	3,360	2,989	2,925	2,934	2,426	2,152	2,186	1,401	777	731	781	633
Income before unconsolidated entities, real estate dispositions, income taxes and noncontrolling interests
359	384	584	518	351	350	364	283	330	222	191	137	109
Income Loss from Equity Method Investments and Remeasurement Gain on Equity Interest in Acquiree
-2	-55	-0	4	-1	-0	-0	18	-0	-0	0	-	-
Gain on real estate dispositions
26	46	717	98	18	17	0	0	-	-	-	-	-
Reversal of contingent liability
-	-	-	-	-	-	-	-	-	-	-	23	-
Income tax benefit
-56	-39	-59	-31	-39	-8	-11	-6	-30	5	-1	-15	-28
Income from continuing operations
439	415	1,361	652	389	359	375	307	361	217	193	176	137
Discontinued operations
0	-0	-0	-0	11	99	79	53	2	32	76	48	143
Net income
439	415	1,361	651	419	477	454	361	363	249	269	225	280
Net income attributable to noncontrolling interests
6	6	4	2	-	1	1	-1	-1	3	2	2	1
Net income attributable to common stockholders
433	409	1,356	649	417	475	453	362	364	246	266	222	273
Earnings Per Share [Abstract]
Basic:
Preferred stock dividends and issuance costs
-	-	-	-	-	-	-	-	-	-	-	-	5
Income from continuing operations (in usd per share)
1.20	1.17	3.83	1.89	1.18	1.28	1.28	1.06	1.59	1.36	1.25	1.24	1.06
Discontinued operations (USD per share)
-	-	-	-	-	0.34	0.27	0.18	0.01	0.21	0.50	0.35	1.17
Net income attributable to common stockholders (in usd per share)
1.18	1.15	3.82	1.88	1.26	1.62	1.55	1.24	1.60	1.57	1.75	1.59	2.23
Diluted:
Income from continuing operations (in usd per share)
1.19	1.16	3.80	1.87	1.17	1.26	1.27	1.05	1.57	1.35	1.24	1.24	1.06
Discontinued operations (USD per share)
-	-	-	-	-	0.34	0.27	0.18	0.01	0.21	0.50	0.35	1.16
Net income attributable to common stockholders (in usd per share)
1.17	1.14	3.78	1.86	1.25	1.60	1.54	1.23	1.58	1.56	1.74	1.59	2.22
Weighted Average Number of Shares Outstanding, Basic
-	-	-	344	330	294	292	292	228	156	152	139	122
Weighted Average Number of Shares Outstanding, Diluted
-	-	-	348	334	296	295	294	230	157	152	139	123
Triple-Net Leased Properties
Rental income
780	737	840	845	779	674	586	819	627	453	452	449	-
Property-level operating expenses
26	0	0	-	-	-	-	-	-	-	-	-	-
Office Operations
Rental income
828	776	753	630	566	463	450	360	166	-	-	27	-
Property-level operating expenses
260	243	233	191	174	158	153	125	56	-	-	-	-
Resident Fees and Services
Other revenues
2,151	2,069	1,843	1,847	1,811	1,552	1,406	1,227	865	446	421	429	282
Office Building and Other Services Revenue
Other revenues
11	13	13	21	41	29	17	20	36	14	0	-	-
Senior Living Operations
Property-level operating expenses
1,521	1,446	1,250	1,242	1,209	1,036	956	841	588	291	290	290	-