Apartment Income REIT Corp (AIRC)
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Fiscal Year End Date: 12/31
(Values in U.S. thousands)
| 12-2018 | 12-2017 | |
| Cash Flows From Operating Activities | ||
| Net Income | 716,603 | 347,079 |
| Depreciation Amortization | 337,609 | 371,850 |
| Accounts receivable | -27,830 | -15,841 |
| Other Working Capital | -26,149 | -31,236 |
| Other Operating Activity | -603,845 | -279,780 |
| Operating Cash Flow | $396,388 | $392,072 |
| Cash Flows From Investing Activities | ||
| PPE Investments | 406,045 | 43,879 |
| Net Acquisitions | -242,297 | -20,372 |
| Other Investing Activity | -41,902 | -10,488 |
| Investing Cash Flow | $121,846 | $13,019 |
| Cash Flows From Financing Activities | ||
| Debt Issued | 1,227,947 | 361,664 |
| Debt Repayment | -1,108,078 | -159,167 |
| Common Stock Repurchased | -373,592 | N/A |
| Dividend Paid | -246,098 | -233,971 |
| Other Financing Activity | -88,358 | -362,226 |
| Financing Cash Flow | $-588,179 | $-393,700 |
| Beginning Cash Position | 137,455 | 131,150 |
| End Cash Position | 67,791 | 142,541 |
| Net Cash Flow | $-69,664 | $11,391 |
| Free Cash Flow | ||
| Operating Cash Flow | 396,388 | 392,072 |
| Capital Expenditure | -302,803 | -358,104 |
| Free Cash Flow | 93,585 | 33,968 |