Elme Communities (ELME) 2000年年度报告「NYSE」.pdf

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1、WASHINGTON REAL ESTATE INVESTMENT TRUSTANNUAL REPORT 2000 Total Returns for 3 Years Ended December 31,200075%50%25%0%41.5%43.2%58.7%72.4%0.6%$1.001996 1997 1998 1999 2000$1.10$1.20$1.30$1.40$1.50$1.60$1.70$1.80For the Year20001999199819971996Real Estate Revenue$135$119$104$79$66Income before Gain on

2、 Sale of Real Estate4236343028Net Income4544413028Funds From Operations6456504136Cash Dividends Paid4441403633Average Shares Outstanding3636363332Per Common ShareIncome before Gain on Real Estate$1.16$1.02$.96$.90$.88Net Income1.261.24 1.15.90.88Funds From Operations1.791.571.391.231.13Cash Dividend

3、s Paid1.231.161.111.071.03At Year EndTotal Assets$632$608$559$469$318Total Debt351330 283203113Shareholders Equity 259257254252196Selected Financial and Operating Data(In millions,except per share amounts)Mission Statement Washington Real EstateInvestment Trust,founded in 1960 andheadquartered in Ro

4、ckville,Maryland,invests ina diversified range of income-producing property types.Our purpose is to acquire and manage real estateinvestments in markets we know well and protect ourassets from single property-type value fluctuationsthrough diversified holdings.Our goal is to continue tosafely increa

5、se earnings and shareholder value.Performance This approach has resulted inWRIT achieving 35 consecutive yearsof increased earnings per share,30 consecutive years ofincreased dividends per shareand 28 consecutive years of increasedfunds from operations per share.Table of ContentsSelected Financial a

6、nd Operating Data.Inside Front CoverLetter to Shareholders.1Operating Performance.2Greater Washington Economy and Real Estate Markets.4Funds From Operations.6Acquisitions&Dispositions.7Expansions,Major Renovations&Capital Improvements.8WRIT Properties.10Managements Discussion and Analysis.12Financia