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Financial Highlights
Prior period comparative information has been restated, where applicable, for the effects of adoption of International Financial Reporting Standards ("IFRS").
| (thousands of dollars) |
|
At Mar 31 |
| At Mar 31 |
| |
| 2012 |
| 2011 |
| Equity market capitalization (1) |
$ | 3,572,200 |
$ | 2,980,000 |
| Total enterprise value |
$ | 6,393,000 |
$ | 5,594,000 |
| Number of properties |
| 166 |
| 163 |
| Gross leaseable area (square feet) |
| 23,095,000 |
| 22,351,000 |
| Debt to total assets (IFRS basis) |
| 45.2 % |
| 49.3 % |
| Debt to total market capitalization |
| 44.1 % |
| 45.3 % |
| Common shares outstanding |
| 180,187,470 |
| 164,375,872 |
(thousands of dollars except per share and other data) |
| Three months - Mar 31 |
| Three months - Mar 31 |
| |
| 2012 |
| 2011 |
| Property rental revenue |
$ | 139,234 |
$ | 129,382 |
| Net operating income |
$ | 87,708 |
$ | 81,477 |
| Funds from operations |
$ | 44,373 |
$ | 39,326 |
| FFO per diluted share |
$ | 0.25 |
$ | 0.24 |
| FFO payout ratio |
| 81.3 % |
| 83.7 % |
| Weighted average diluted shares - FFO |
| 180,455,910 |
| 164,754,435 |
| Adjusted funds from operations |
$ | 44,492 |
$ | 40,219 |
| AFFO per diluted share |
$ | 0.23 |
$ | 0.22 |
| AFFO payout ratio |
| 88.5 % |
| 92.6 % |
| Wieghted average diluted shares - AFFO |
| 196,762,794 |
| 180,908,645 |
| Regular dividends per common share |
$ | 0.20 |
$ | 0.20 |
|
(1) Equity market capitalization includes the market value of common shares and debentures convertible into common shares.
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