Apartment Income REIT Corp (NYSE:AIRC)
Apartment Income REIT Corp
NYSE:AIRC
Income Statement
Currency: USD
| Mar-2022 | Dec-2021 | Sep-2021 | Jun-2021 | ||
|---|---|---|---|---|---|
| Revenue | |||||
| Revenue |
746
+1%
|
741
+2%
|
725
+2%
|
711
N/A
|
|
| Gross Profit | |||||
| Cost of Revenue |
(267)
|
(268)
|
(265)
|
(257)
|
|
| Gross Profit |
479
+1%
|
473
+3%
|
459
+1%
|
454
N/A
|
|
| Operating Income | |||||
| Operating Expenses |
(378)
|
(366)
|
(490)
|
(504)
|
|
| Selling, General & Administrative |
(21)
|
(19)
|
(46)
|
(48)
|
|
| Depreciation & Amortization |
(329)
|
(320)
|
(320)
|
(318)
|
|
| Other Operating Expenses |
(28)
|
(27)
|
(124)
|
(138)
|
|
| Operating Income |
101
-6%
|
107
N/A
|
(31)
+38%
|
(50)
N/A
|
|
| Pre-Tax Income | |||||
| Interest Income Expense |
(17)
|
(28)
|
(114)
|
(132)
|
|
| Non-Reccuring Items |
(179)
|
(156)
|
(44)
|
(37)
|
|
| Total Other Income |
878
|
550
|
214
|
207
|
|
| Pre-Tax Income |
783
+65%
|
474
+1 821%
|
25
N/A
|
(13)
N/A
|
|
| Net Income | |||||
| Tax Provision |
9
|
5
|
(98)
|
(99)
|
|
| Income from Continuing Operations |
791
|
479
|
(73)
|
(111)
|
|
| Income to Minority Interest |
(51)
|
(32)
|
(2)
|
(1)
|
|
| Net Income (Common) |
740
+65%
|
448
N/A
|
(64)
+35%
|
(98)
N/A
|
|
Balance Sheet
Currency: USD
| Mar-2022 | Dec-2021 | Sep-2021 | Jun-2021 | Mar-2021 | Dec-2020 | Sep-2020 | ||
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash & Cash Equivalents |
78
|
67
|
74
|
59
|
48
|
44
|
0
|
|
| Cash Equivalents |
78
|
67
|
74
|
59
|
48
|
44
|
0
|
|
| PP&E Net |
5 017
|
5 067
|
5 182
|
5 228
|
5 041
|
5 013
|
4 715
|
|
| PP&E Gross |
5 017
|
5 067
|
5 182
|
5 228
|
5 041
|
5 013
|
4 715
|
|
| Accumulated Depreciation |
2 341
|
2 285
|
2 585
|
2 511
|
2 437
|
2 456
|
2 291
|
|
| Note Receivable |
0
|
0
|
0
|
0
|
534
|
534
|
534
|
|
| Long-Term Investments |
0
|
0
|
0
|
0
|
0
|
0
|
503
|
|
| Other Long-Term Assets |
40
|
172
|
23
|
21
|
28
|
29
|
36
|
|
| Other Assets |
32
|
32
|
32
|
32
|
670
|
608
|
366
|
|
| Total Assets |
6 303
-2%
|
6 440
+0%
|
6 435
+0%
|
6 430
+2%
|
6 322
+1%
|
6 229
+1%
|
6 153
N/A
|
|
| Liabilities | ||||||||
| Accrued Liabilities |
603
|
593
|
610
|
570
|
607
|
599
|
64
|
|
| Short-Term Debt |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Long-Term Debt |
3 356
|
3 743
|
4 236
|
4 209
|
4 313
|
4 243
|
3 939
|
|
| Minority Interest |
226
|
206
|
68
|
72
|
79
|
81
|
95
|
|
| Other Liabilities |
0
|
86
|
0
|
0
|
0
|
0
|
0
|
|
| Total Liabilities |
4 186
-10%
|
4 627
-6%
|
4 915
+1%
|
4 851
-3%
|
4 999
+2%
|
4 922
+20%
|
4 097
N/A
|
|
| Equity | ||||||||
| Common Stock |
4
|
4
|
4
|
4
|
4
|
4
|
4
|
|
| Retained Earnings |
1 648
|
1 954
|
2 258
|
2 198
|
2 112
|
2 132
|
1 885
|
|
| Additional Paid In Capital |
3 762
|
3 763
|
3 774
|
3 773
|
3 431
|
3 432
|
3 933
|
|
| Other Equity |
1
|
0
|
0
|
0
|
1
|
3
|
4
|
|
| Total Equity |
2 117
+17%
|
1 813
+19%
|
1 520
-4%
|
1 579
+19%
|
1 323
+1%
|
1 307
-36%
|
2 056
N/A
|
|
| Total Liabilities & Equity |
6 303
-2%
|
6 440
+0%
|
6 435
+0%
|
6 430
+2%
|
6 322
+1%
|
6 229
+1%
|
6 153
N/A
|
|
| Shares Outstanding | ||||||||
| Common Shares Outstanding |
157M
|
157M
|
157M
|
157M
|
149M
|
149M
|
149M
|
|
Cash Flow Statement
Currency: USD
| Dec-2021 | ||
|---|---|---|
| Operating Cash Flow | ||
| Net Income |
479
|
|
| Depreciation & Amortization |
320
|
|
| Other Non-Cash Items |
(424)
|
|
| Cash Taxes Paid |
5
|
|
| Cash Interest Paid |
130
|
|
| Change in Working Capital |
(42)
|
|
| Cash from Operating Activities |
333
N/A
|
|
| Investing Cash Flow | ||
| Capital Expenditures |
(544)
|
|
| Other Items |
1 022
|
|
| Cash from Investing Activities |
478
N/A
|
|
| Financing Cash Flow | ||
| Net Issuance of Common Stock |
343
|
|
| Net Issuance of Debt |
(656)
|
|
| Cash Paid for Dividends |
(270)
|
|
| Other |
(209)
|
|
| Cash from Financing Activities |
(792)
N/A
|
|
| Change in Cash | ||
| Net Change in Cash |
19
N/A
|
|
| Free Cash Flow | ||
| Free Cash Flow |
(211)
N/A
|
|
See Also
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