Extra Space Storage Inc. (EXR) 2009年年度报告「NYSE」.pdf

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1、09 Annual ReportsmartmovesiiSelected Data-Dollars in thousands,except share dataYEAR ENDED DECEMBER 31,Total revenuesProperty operating expensesGeneral and administrative expensesDepreciation and amortizationInterest expenseEquity in earnings of real estate venturesNet incomeFFO(1)Weighted average n

2、umber of shares-dilutedCash dividends paid per common shareWholly-owned stabilized property occupancy at year endTotal assetsTotal debtNoncontrolling interestsTotal stockholders equityOTHER DATA:OPERATING DATA:BALANCE SHEET DATA:280,47688,93540,55452,40369,8186,96439,093273,25184,52239,90849,56668,6

3、716,93243,349238,86673,07036,72239,80164,0455,30035,2912,407,5561,406,84662,040884,1792,291,0081,299,851 68,023878,7702,054,0751,319,77166,217638,46190,28391,082,8340.3883.2%90,87582,352,9881.0082.2%73,59070,715,6400.9383.9%200820092007COMPARISON OF FIVE YEARS CUMULATIVE TOTAL RETURN*Among Extra Spa

4、ce Storage Inc.,the S&P 500 Indexand the FTSE NAREIT Equity REITs IndexExtra Space Storage Inc.*$100 invested on 12/03/04 in stock or index,including reinvestment of dividends.Fiscal year ending December 31.Copyright 2010 S&P,a division of The McGraw-Hill Companies Inc.All rights reserved.12/0412/05

5、12/0612/0712/0812/09$180$160$140$120$100$80$60$40$20$0S&P 500FTSE NAREIT Equity REITs(as revised)(as revised)(1)FFO provides relevant and meaningful information about our operating performance that is necessary,along with net income and cash flows,for an understand-ing of our operating results.We be

6、lieve FFO is a meaningful disclosure as a supplement to net earnings.Net earnings assume that the values of real estate assets diminish predictably over time as reflected through depreciation and amortization expenses.The values of real estate assets fluctuate due to market conditions and we believe