| Address:
|
225 WEST WASHINGTON STREET
|
| City: |
INDIANAPOLIS |
|
State: |
IN |
|
Zip Code: |
46204-3438 |
| Telephone: |
317-636-1600 |
|
Description of Business
|
Primary SIC Code:
6798 |
| (As filed with the SEC)
|
|
|
Simon Property Group, Inc., or Simon Property, is a Delaware corporation
that operates as a self-administered and self-managed real estate investment
trust, or REIT, under the Internal Revenue Code. Simon Property Group, L.P., or
the Operating Partnership, is our majority-owned partnership subsidiary that
owns all of our real estate properties. In this report, the terms "we", "us" and
"our" refer to Simon Property Group, Inc. and its subsidiaries.
We own, develop, and manage retail real estate properties, which consist
primarily of regional malls, Premium Outlet® centers, The Mills®, and
community/lifestyle centers. As of December 31, 2007, we owned or held an
interest in 320 income-producing properties in the United States, which
consisted of 168 regional malls, 38 Premium Outlet centers, 67
community/lifestyle centers, 37 properties acquired in the Mills acquisition,
and 10 other shopping centers or outlet centers in 41 states and Puerto Rico. ... More ... |
| Date |
12-mos
Rolling EPS |
Dividend |
P/E
Ratio |
| 12/2009 | 1.76 | 0.600 | 45.34 | | 09/2009 | 1.37 | 0.600 | 50.68 | | 06/2009 | 1.48 | 0.600 | 34.75 | | 03/2009 | 1.93 | 0.600 | 17.95 | | 12/2008 | 1.87 | 0.900 | 28.41 | | 09/2008 | 1.20 | 0.900 | 80.83 | | 06/2008 | 1.47 | 0.900 | 61.15 | | 03/2008 | 1.40 | 0.900 | 66.36 |
Key Financial Ratios and Statistics |
FYE:
12/31 |
| Profitability |
2008 |
Leverage |
2008 |
| Net Inc/Comm Equity | 0.13 | Total Liab/Total Assets | 0.86 | | Net Inc/Total Assets | 0.03 | Total Liab/Inv Cap | 0.86 | | Net Inc/Inv Cap | 0.03 | Total Liab/Comm Equity | 4.41 | | Pretax Inc/Net Sales | 0.16 | Interest Coverage Ratio | 1.64 | | Net Inc/Net Sales | 0.16 | Curr Debt/Equity | NA | | Cash Flow/Net Sales | 0.43 | LTD/Equity | 6.90 | | SG&A/NetSales | 0.09 | Total Debt/Equity | 6.90 |
| Asset Utilization
|
|
Liquidity |
|
| Net Receivables Turnover | 8.78 | Quick Ratio | NA | | Inventory Turnover | NA | Current Ratio | NA | | Inventory Day Sales | NA | Net Rec/Curr Assets | NA | | Net Sales/Work Cap | NA | Inv/Curr Assets | NA | | Net Sales/PP&E | 0.20 | | |
Income Statement (Millions) |
| |
9/30/2009
|
6/30/2009
|
3/31/2009
|
12/31/2008
|
|
Total Revenues(Net Sales)
|
924.93
|
903.61
|
918.49
|
1,029.32
|
|
Cost of Goods Sold
|
212.82
|
210.10
|
216.98
|
108.13
|
|
Selling & Admin Exps
|
70.53
|
69.59
|
67.95
|
201.14
|
|
Operating Income
|
392.18
|
224.70
|
364.22
|
444.48
|
|
Interest Exp
|
257.88
|
244.44
|
226.04
|
244.93
|
|
Pretax Income
|
101.26
|
-14.11
|
146.25
|
291.85
|
|
Other Income
|
NA
|
NA
|
NA
|
-21.17
|
|
Net Income Bef Extraordinary ...
|
NA
|
NA
|
NA
|
NA
|
|
Net Income
|
59.68
|
-14.11
|
146.25
|
288.24
|
|
Assets
|
9/30/2009
|
6/30/2009
|
3/31/2009
|
12/31/2008
|
|
Cash & Short Term Investments
|
3,745.69
|
2,628.43
|
898.33
|
773.54
|
|
Receivables - Total
|
988.64
|
343.37
|
364.10
|
414.86
|
|
Inventories - Total
|
NA
|
NA
|
NA
|
NA
|
|
Total Current Assets
|
NA
|
NA
|
NA
|
NA
|
|
Net Property, Plant & Equipment
|
18,568.00
|
18,723.22
|
18,876.31
|
19,021.43
|
|
Total Assets
|
25,976.60
|
25,010.32
|
23,287.49
|
23,422.75
|
|
Liabilities
|
|
|
|
|
|
Accounts Payable
|
1,050.27
|
1,398.12
|
1,388.06
|
1,086.25
|
|
Debt in Current Liabilities
|
NA
|
NA
|
NA
|
NA
|
|
Total Current Liabilities
|
NA
|
NA
|
NA
|
NA
|
|
Long-Term Debt
|
18,669.12
|
17,936.40
|
17,385.05
|
18,042.53
|
|
Total Liabilities
|
21,224.00
|
20,780.41
|
20,134.22
|
20,153.63
|
|
Stockholder's Equity
|
|
|
|
|
|
Minority Interest
|
878.81
|
1,267.07
|
521.27
|
488.97
|
|
Preferred Stock
|
45.79
|
45.87
|
45.95
|
46.03
|
|
Common Stock
|
0.03
|
0.03
|
0.05
|
0.02
|
|
Retained Earnings
|
-2,872.69
|
-2,793.22
|
-2,602.75
|
-2,491.93
|
|
Treasury Stock
|
-176.89
|
-176.89
|
-177.62
|
-186.21
|
|
Total Stockholders' Equity
|
4,372.43
|
4,229.91
|
3,153.27
|
2,613.00
|
|
Total Liabilities and Stockholders' Equity
|
25,596.43
|
25,010.32
|
23,287.49
|
22,766.63
|
Cash Flow Summary (Millions) |
|
Categories
|
9/30/2009
|
6/30/2009
|
3/31/2009
|
12/31/2008
|
|
Net Cash Provided by Operating Activities
|
453.66
|
452.81
|
434.82
|
427.39
|
|
Net Cash Provided by Investing Activities
|
13.24
|
-218.73
|
-165.21
|
-137.73
|
|
Net Cash Provided by Financing Activities
|
650.37
|
1,496.03
|
-144.82
|
-162.23
|
Annual Summary Data (Millions) |
| Year |
Sales |
Net
Income |
EPS |
| 12/2004 | 2,641.75 | 342.99 | 1.44 | | 12/2005 | 3,166.85 | 475.75 | 1.27 | | 12/2006 | 3,332.15 | 563.84 | 2.19 | | 12/2007 | 3,650.80 | 491.24 | 1.45 | | 12/2008 | 3,783.16 | 599.54 | 1.87 | | Growth Rates | 9.39 | 14.98 | 6.75 |
| Type |
Date(Q,M) |
No.
Owners |
Shares
Held (000s) |
%
Own |
| Institutional | 12/31/09 | 474 | 270,594 | 94.66 |
|
Report Date :
2/8/2010
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