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Income Statement
Balance Sheet
Cash Flow Statement
Segments

Common Size IS
Op Efficiency
Credit Analysis

IRC Retail Centers Inc (IRC)

Cash Flow Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsDec-31-15Dec-31-14Dec-31-13Dec-31-12Dec-31-11Dec-31-10Dec-31-09Dec-31-08
   10-K10-K10-K10-K10-K10-K10-K10-K
Cash flows from operating activities:          
    Net income  25.539.1111.717.7-7.11.5  
    Adjustments to reconcile net income to net cash from operating activities:          
        Provision for asset impairment          
        Depreciation and amortization  68.472.070.556.151.045.5  
        Amortization of deferred stock compensation  0.8-0.8-0.7-0.7-0.10.0  
        Amortization on acquired above/below market leases and lease inducements  0.00.30.3-0.5-0.30.2  
        Gain on sale of investment properties  -12.0-25.4-11.6-3.4-1.5-1.9  
        Gain from change in control of investment properties    -95.4-1.1    
        Impairment of investment securities          
        Gain from settlement of receivables          
        Realized gain on investment securities, net    -1.0-1.4-1.3-2.4  
        Equity in earnings of unconsolidated ventures  -10.8-8.8-7.9-2.98.14.4  
        Gain on sale of joint venture interest    -1.0-1.4-1.3-2.4  
        Straight line rent  -0.7-1.5-1.3-0.9-1.6-1.6  
        Amortization of loan fees  2.02.91.63.03.72.4  
        Amortization of debt premium/discount, net  -0.4-0.6-0.30.51.31.4  
        Distributions from unconsolidated joint ventures  5.3  0.41.10.9  
        Changes in assets and liabilities:          
            Restricted cash   0.10.11.31.4-0.4  
            Accounts receivable and other assets, net  1.17.10.1-10.36.43.1  
            Accounts payable and accrued expenses  7.72.1-7.610.7-2.72.9  
            Prepaid rents and other liabilities  0.3-3.2-1.20.4-3.3-3.2  
                Net cash provided by operating activities  97.482.569.069.063.359.5  
   
Cash flows from investing activities:          
    Restricted cash  -5.6-3.0-4.92.40.0-2.6  
    Proceeds from sale of interest in joint venture, net  10.346.171.629.962.935.5  
    Sale of investment securities    7.87.32.64.7  
    Purchase of investment properties  -53.1-112.7-191.6-242.7-125.6-102.5  
    Additions to investment properties, net of accrued additions  -69.9-30.4-20.5-24.4-40.8-23.5  
    Proceeds from sale of investment properties and land condemnations, net  58.560.347.6     
    Distributions from unconsolidated joint ventures  32.215.215.134.98.810.4  
    Investment in unconsolidated joint ventures  -27.6-56.8-36.4-15.4-11.1-4.8  
    Funding of mortgages and notes receivable   -24.8-1.3-13.0    
    Repayments of mortgages and notes receivable  24.8       
    Payment of leasing fees  -2.9-2.6-3.0-3.2-4.4-2.8  
        Net cash used in investing activities  -33.3-108.6-115.7-182.6-101.9-28.7  
   
Cash flows from financing activities:          
    Issuance of shares, net of offering costs  4.4100.9104.561.6    
    Purchase of noncontrolling interest, net  1.40.6-8.50.1-0.7-1.2  
    Loan proceeds  113.9356.7181.8346.9374.7384.5  
    Payoff of debt  -10.6-110.2-33.6-36.6-66.4-179.8  
    Proceeds from term loan   20.05.025.050.010.0  
    Proceeds from the unsecured line of credit facility  82.0307.0155.0177.0231.4187.0  
    Repayments on the unsecured line of credit facility  -107.0-212.0-140.0-177.0-196.4-187.0  
    Repayments on convertible notes   -32.5  -82.6-15.5  
    Loan fees  -0.3-2.0-0.3-3.1-3.2-7.3  
    Distributions paid  -73.2-67.0-62.9-58.5-51.3-48.9  
    Distributions to noncontrolling interest    -0.4-7.4-0.6-0.7  
    Contributions from noncontrolling interest  1.40.6-8.50.1-0.7-1.2  
    Payment of earnout liability  -1.5-1.2-1.2     
        Net cash provided by (used in) financing activities  -72.933.339.4124.432.8-23.9  
Net increase (decrease) in cash and cash equivalents  -8.97.1-7.210.8-5.86.8  
Cash and cash equivalents at beginning of year  18.411.318.57.813.66.7  
Cash and cash equivalents at end of year  9.518.411.318.57.813.6  
   
Supplemental disclosure of cash flow information          
Cash paid for interest, net of capitalized interest  22.527.526.127.536.530.1  
Non-cash accrued additions to investment properties  -1.52.2-1.52.0-3.5-1.0  
Non-cash distributions to noncontrolling interests   0.0-9.4-9.1    
Non-cash contributions from noncontrolling interests    7.19.1    

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