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DUKE REALTY CORP (DRE)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsDec-31-21Dec-31-20Dec-31-19Dec-31-18Dec-31-17Dec-31-16Dec-31-15Dec-31-14
   10-K10-K10-K10-K10-K10-K10-K10-K
Revenues:          
Rental and related revenue  1,025.7929.2855.8     
General contractor and service fee revenue  80.364.0117.9162.694.488.8133.4224.5
    Revenues, total  1,105.9993.2973.8947.9780.9730.5792.21,046.9
            Revenues, total growth  11.3%2.0%2.7%21.4%6.9%-7.8%-24.3%8.1%
Expenses:          
Rental expenses  85.876.675.671.462.974.393.4 
Real estate taxes  159.6149.3129.5125.3109.098.995.7 
General contractor and other services expenses  68.158.0111.6153.989.580.5119.2200.0
Depreciation and amortization  362.1353.0327.2312.2273.6242.6245.8346.3
    Costs and expenses, total  675.6636.9643.9662.82,337.8496.31,323.1797.6
   
Other operating activities:          
Equity in earnings of unconsolidated joint ventures  32.811.931.421.463.347.4-3.3 
Disposal Group, Not Discontinued Operation, Gain (Loss) on Disposal  585.7127.7234.7205.0113.7162.1229.7162.7
Other Operating Income (Expense), Net  -3.6-8.2-5.3-5.2-4.2-3.9-5.9-7.2
Impairment charges   5.6  4.518.022.949.1
General and administrative expenses  69.662.460.956.254.955.458.649.4
    Other Operating Activities, Net  544.961.6194.9175.3142.6199.1174.0161.8
    Operating income  975.2417.8524.8460.4388.6433.3412.1411.1
            Operating margin  88.2%42.1%53.9%48.6%49.8%59.3%52.0%39.3%
   
Other income (expenses):          
Interest and other income, net  4.51.79.917.214.74.04.71.2
Interest expense  -84.8-93.4-89.8-85.0-87.0-112.8-138.3-196.2
Loss on debt extinguishment  -17.9-32.9-6.3-0.4-26.1-33.9-85.7-0.3
    Income before income taxes  880.2297.5440.9392.2290.2297.8184.3214.7
Income tax expense  -18.55.1-8.7-8.80.40.63.90.8
    Net income  861.6302.6432.2383.4290.6298.4188.2215.6
   
Net income attributable to noncontrolling interests          
Net income attributable to noncontrolling interests  8.7-2.8-3.7-3.5-19.9-3.1-6.6-2.9
    Net income attributable to common shareholders  852.9299.9429.0383.71,634.4312.1615.3204.9
   
Weighted average number of common shares/units outstanding  377.7370.1362.2357.6355.8349.9345.1335.8
Weighted average number of common shares/units and potential dilutive securities  383.5374.2367.3363.3362.0357.1352.2340.4
   
Basic net income per common share/unit:          
Continuing operations attributable to common shareholders/unitholders  0.00.00.00.00.00.00.00.0
   
Diluted net income per common share/unit:          
Continuing operations attributable to common shareholders/unitholders  0.00.00.00.00.00.00.00.0
   
Comprehensive income:          
Net income  861.6302.8432.6387.31,654.3315.3621.9246.5
   
    Comprehensive income          

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