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Post Properties (PPS)

[[ item.lastPrice ]] [[ item.priceChange ]] ([[ item.percentChange ]]) [[ item.tradeTime ]] [NYSE]

[[ item.bidPrice ]] x [[ item.bidSize ]] [[ item.askPrice ]] x [[ item.askSize ]]

[[ session ]] by (Cboe BZX)

[[ item.lastPrice ]] [[ item.priceChange ]] ([[ item.percentChange ]]) [[ item.tradeTime ]] [NYSE]

[[ item.bidPrice ]] x [[ item.bidSize ]] [[ item.askPrice ]] x [[ item.askSize ]]

[[ session ]] [[ item.lastPriceExt ]] [[ item.priceChangeExt ]] ([[ item.percentChangeExt ]]) [[ item.tradeTimeExt ]]

Cash Flow for [[ item.sessionDateDisplayLong ]]

Fiscal Year End Date: 12/31

(Values in U.S. thousands)

	12-2000	12-1999	12-1998	12-1997	12-1996
Cash Flows From Operating Activities
Net Income	100,520	104,517	88,950	54,870	43,469
Depreciation Amortization	72,749	59,509	47,830	30,020	24,955
Other Working Capital	-2,279	-27,417	-8,960	15,310	1,412
Other Operating Activity	14,083	16,429	13,620	9,350	9,130
Operating Cash Flow	$185,073	$153,038	$141,440	$109,550	$78,966

Cash Flows From Investing Activities
PPE Investments	135,862	-3,036	0	0	0
Net Acquisitions	-362,981	-286,696	0	-17,730	0
Purchase Of Investment	-3,441	-6,811	0	0	0
Other Investing Activity	-25,426	-21,417	-321,030	-190,640	-166,762
Investing Cash Flow	$-255,986	$-317,960	$-321,030	$-208,370	$-166,762

Cash Flows From Financing Activities
Debt Issued	280,500	279,000	0	0	0
Debt Repayment	-56,774	-89,425	0	0	0
Common Stock Issued	26,754	23,312	0	0	0
Common Stock Repurchased	-24,912	N/A	0	0	0
Dividend Paid	-149,938	-129,944	-98,700	-46,960	-57,678
Other Financing Activity	-3,128	66,695	288,570	156,420	136,699
Financing Cash Flow	$72,502	$149,638	$189,870	$109,460	$79,021

Beginning Cash Position	5,870	21,154	10,870	230	9,008
End Cash Position	7,459	5,870	21,150	10,870	233
Net Cash Flow	$1,589	$-15,284	$10,270	$10,640	$-8,775

Free Cash Flow
Operating Cash Flow	185,073	153,038	141,440	109,550	78,966
Capital Expenditure	-21,403	-19,623	0	0	0
Free Cash Flow	163,670	133,415	141,440	109,550	78,966