Investors Real Estate Trust (IRET) 2007年年度报告「NASDAQ」.pdf

1、Investors Real Estate Trust2007 Annual Report*Includes both continuing operations and discontinued operations(real estate that we sold)for the indicated fiscal years.*For the definition of Funds From Operations and a reconciliation of this measure to measures under generally accepted accounting prin

2、ciples,youshould refer to the section entitled“Funds From Operations”within the section entitled“Managements Discussion and Analysis of FinancialConditions and Results of Operations”in our Annual Report on Form 10-K.SELECTED CONSOLIDATED FINANCIAL DATAThe following table sets forth selected financia

3、l data as of and for each of the fiscal years ended April 30,2003through 2007.The table illustrates the significant growth in revenue and real estate investment IRET experiencedover the period reported,most of which growth was attributable to our addition of properties through acquisitions.These his

4、torical results are not necessarily indicative of the results to be expected in the future.This informationis only a summary,and you should refer to our Consolidated Financial Statements and notes thereto,and the section entitled“Managements Discussion and Analysis of Financial Condition and Results

5、 of Operations”contained in our Annual Report on Form 10-K,for additional information.(in thousands,except per share data)Years Ended April 30,20072006200520042003Consolidated Income Statement DataRevenue$197,817$170,448$152,937$130,458$109,780Income before minority interest and discontinued operati

6、ons and gain on sale of other investments$14,300$11,138$9,920$10,190$13,655Gain on sale of real estate,land,and other investments$4,602$3,293$8,605$662$1,595Minority interest portion of operating partnership income$(3,229)$(1,896)$(1,738)$(2,173)$(3,190)Income from continuing operations$11,059$8,781