Elme Communities (ELME) 2007年年度报告「NYSE」.pdf

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1、2007 Annual ReportOur strong capital positionSelected Financial and Operating Data(in millions,except fully diluted per share amounts)FOR THE YEAR 2003 2004 2005 2006 2007Real Estate Rental Revenue$143$163$180$209$256Net Income 45 46 78 39 62 Funds from Operations 81 86 87 93 107Cash Dividends Paid

2、59 65 67 73 78Average Shares Outstanding(Diluted)40 42 42 44 46PER FULLY DILUTED COMMON SHARENet Income$1.13$1.09$1.84$0.88$1.34Funds from Operations 2.04 2.05 2.07 2.12 2.31Cash Dividends Paid 1.47 1.55 1.60 1.64 1.68AT YEAR-ENDTotal Assets$928$1,012$1,139$1,531$1,898Total Debt 508 602 704 1,018 1,

3、324Shareholders Equity 379 366 380 442 487Funds from Operations(dollars per share)0706050403$2.04$2.05$2.07$2.12$2.31Cash Dividends Paid(dollars per share)0706050403$1.47$1.55$1.60$1.64$1.68Return on Invested Capital by REIT SectorsSource:KeyBanc Capital Markets2440 M Street,Washington,D.C.Munson Hi

4、ll Towers,Falls Church,Virginia1901 Pennsylvania Avenue,Washington,D.C.WRITShopping CenterIndustrialOffice7.87%7.06%7.01%6.74%6.28%Multifamily *As of March 10,2008.Washington Real Estate Investment Trust owns and manages 92*income-producing properties diversified across five property typeslocated in

5、 the vibrant Washington,D.C.metropolitan region.Our emphasis on portfolio diversity combined with a distinct geographic focus provides WRIT tremendous resilienceand generates consistently strong returns.In 2007,WRIT continued its long-standing tradition of delivering outstanding performance:Achievin

6、g a 9%increase in funds from operations over the prior year Maintaining a 95%core occupancy rate throughout the year Increasing dividends for the 37th consecutive year Acquiring$319 million of high-quality properties with high earnings growth potential Reinvesting proceeds from the sale of two prope