Company Information

  

Address: 1696 NE MIAMI GARDENS DRIVE  
City: NORTH MIAMI BEACH 
State: FL 
Zip Code: 33179 
Telephone: (212) 305-944-7988 

Description of Business

Primary SIC Code: 6500
(As filed with the SEC)  

We believe we are one of the leading global owners, developers and operators of supermarket-anchored shopping centers in major urban markets. As of December 31 2016 our 426 properties have a gross leasable area, or GLA, of approximately 71 million square feet and are geographically diversified across 20 countries, including the United States, Canada, Sweden, Norway, Finland, Poland, the Czech Republic, Israel, Russia and Brazil. We, through our public and private subsidiaries, acquire, manage, develop and redevelop well-located, supermarket-anchored neighborhood and community shopping centers in high growth, urban markets with high barriers to entry and strong demographic trends. Our properties are typically located in countries characterized by stable GDP growth, political and economic stability and investment-grade credit ratings, with the exception of our emerging markets operations in Brazil and Russia.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
12/20160.570.09015.16
09/20160.350.09329.89
03/2016-1.710.122N/E
12/20150.880.11910.21
09/2014-0.860.124N/E
12/20131.640.1238.18
12/20121.500.1068.79
12/20110.98NA9.64

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2016 Leverage 2016
Net Inc/Comm Equity0.61Total Liab/Total Assets0.91
Net Inc/Total Assets0.04Total Liab/Inv Cap0.91
Net Inc/Inv Cap0.04Total Liab/Comm Equity15.09
Pretax Inc/Net Sales0.46Interest Coverage Ratio2.38
Net Inc/Net Sales0.66Curr Debt/Equity0.09
Cash Flow/Net Sales0.40LTD/Equity4.40
SG&A/NetSales0.15Total Debt/Equity4.49
Asset Utilization   Liquidity  
Net Receivables Turnover6.48Quick RatioNA
Inventory Turnover6.06Current RatioNA
Inventory Day Sales0.29Net Rec/Curr AssetsNA
Net Sales/Work CapNAInv/Curr AssetsNA
Net Sales/PP&E0.08  

Income Statement (Millions)

  12/31/2016 12/31/2015 12/31/2014 12/31/2013
Total Revenues(Net Sales) 1,247.00 1,236.00 957.00 1,964.00
Cost of Goods Sold 418.00 415.00 326.00 973.00
Selling & Admin Exps 192.00 343.00 101.00 134.00
Operating Income 904.00 425.00 634.00 1,177.00
Interest Exp 416.00 408.00 472.00 630.00
Pretax Income 573.00 235.00 200.00 706.00
Other Income 314.00 122.00 140.00 435.00
Net Income Bef Extraordinary ... NA NA NA NA
Net Income 826.00 593.00 278.00 630.00

Balance Sheet (Millions)

Assets 12/31/2016 12/31/2015 12/31/2014 12/31/2013
Cash & Short Term Investments 520.00 796.00 360.00 563.00
Receivables - Total 139.00 246.00 239.00 322.00
Inventories - Total 4.00 134.00 152.00 206.00
Total Current Assets NA NA NA NA
Net Property, Plant & Equipment 15,134.00 18,854.00 15,022.00 16,119.00
Total Assets 22,576.00 21,649.00 17,984.00 19,570.00
Liabilities        
Accounts Payable 595.00 718.00 653.00 723.00
Debt in Current Liabilities 201.00 273.00 142.00 74.00
Total Current Liabilities NA NA NA NA
Long-Term Debt 9,326.00 10,792.00 8,838.00 10,472.00
Total Liabilities 20,456.00 19,718.00 15,922.00 17,322.00
Stockholder's Equity        
Minority Interest 6,654.00 6,035.00 4,586.00 4,192.00
Preferred Stock NA NA NA NA
Common Stock 65.00 64.00 60.00 66.00
Retained Earnings 1,481.00 1,338.00 1,263.00 1,487.00
Treasury Stock -5.00 -5.00 -5.00 -6.00
Total Stockholders' Equity 2,120.00 1,931.00 2,062.00 2,248.00
Total Liabilities and Stockholders' Equity 22,576.00 21,649.00 17,984.00 19,570.00

Cash Flow Summary (Millions)

Categories 12/31/2016 12/31/2015 12/31/2014 12/31/2013
Net Cash Provided by Operating Activities 496.00 389.00 264.00 343.00
Net Cash Provided by Investing Activities -859.00 -1,140.00 -197.00 -636.00
Net Cash Provided by Financing Activities 241.00 1,199.00 -180.00 123.00

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/20121,879.00647.001.50
12/20131,964.00630.001.64
12/2014957.00278.00--
12/20151,236.00593.000.88
12/20161,247.00826.000.57
Growth Rates-9.746.30--

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional09/30/174218,3559.49




Report Date : 12/11/2017

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