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1、Revenues increased13%to$174.5 millionTotal Assets increased9%to$1.73 billionPortfolio occupancyfor stabilized propertiesat 12/31/08 wasapproximately 95%Net income applicableto common shareholdersdecreased 26%to$10.5 millionNet cash flows providedby operating activitiesincreased 15%to$59.4 millionFun
2、ds FromOperations(“FFO”)increased 1%to$56.9 millionCedar Shopping Centers,Inc.is a fully integrated,self-managed real estate investment trustfocused on ownership,operation,development and redevelopment of primarily supermarket-anchored shopping centers.As of December 31,2008,the Company owned and op
3、erated aportfolio of 121 properties,located predominantly in the Northeast and coastal mid-Atlanticstates.TheCompanysportfolio,asofthatdate,consistedofapproximately12.1millionsquarefeetofgrossleasablearea.TheCompanysstabilizedpropertieshaveoccupancyofapproximately95%.In addition,the Company as of De
4、cember 31,2008,announced a development pipelineof 12 properties aggregating a total estimated project cost of approximately$300 million ofwhich the Company had spent approximately$200 million as of that date.2 20 00 08 8 Ke y O pe ra tin g Me tricsCedar Shopping Centers,Inc.FINANCIAL HIGHLIGHTSTotal
5、 Revenues(dollars in millions)200160120800400804050607Shareholders Equity(dollars in millions)0804 05 06 076004803602401200Total Assets(dollars in millions)2,0001,5001,00050000804 05 06 07Total GLA(square feet in millions)14.010.53.57.000804 05 06 07Total GLA(square feet in millions)0Years ended Dec
6、ember 31,20082007200620052004Total revenues$174,480,000$154,448,000$126,492,000$78,941,000$51,078,000Net income applicable tocommon shareholders$10,498,000$14,092,000$7,458,000$6,027,000$5,702,000Per common share(basic and diluted)$0.24$0.32$0.23$0.25$0.34Dividends to common shareholders$40,027,000$