FRANKLIN STREET PROPERTIES CORP /MA/

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 TTM
Cash flows from operating activities:
Adjustments to reconcile net income to net cash provided by operating activities:
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest $8.4m ($15.9m) $13.1m $6.5m $32.6m $92.7m $1.1m ($48.1m) ($52.7m) ($45.0m)
Depreciation, Depletion and Amortization $95.2m $103.7m $97.2m $93.8m $91.6m $81.0m $65.7m $57.2m $47.7m $45.3m $46.3m
Deferred Income Tax Expense (Benefit) $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Share-based Payment Arrangement, Noncash Expense $337k $337k $338k $394k $315k $270k $225k $180k
Equity Method Investment, Other than Temporary Impairment $2.5m $309k
Gain (Loss) on Sale of Assets and Asset Impairment Charges ($113.1m) ($27.9m) ($23.4m) ($20.8m) ($12.9m)
Income (Loss) from Equity Method Investments ($831k) ($3.6m) $6.8m $421k
Other Nonoperating Income (Expense) $1.9m ($1.9m)
Changes in operating assets and liabilities:
Increase (Decrease) in Accounts Receivable $185k $160k $765k ($158k) $3.8m ($5.7m) $247k ($10k) ($908k) ($812k) $1.2m
Net Cash Provided by (Used in) Operating Activities $94.4m
$95.9m +1.65%
$80.2m -16.40%
$81.9m +2.14%
$68.4m -16.44%
$36.4m -46.88%
$15.2m -58.10%
$17.9m +17.28%
$9.0m -49.70%
$3.8m -58.24%
$10.0m +166.32%
Cash flows from investing activities:
Payments to Acquire Property, Plant, and Equipment $37.4m $54.2m $51.1m $70.7m $77.9m $64.8m $54.9m $31.6m $25.2m $16.4m ($14.9m)
Gain (Loss) on Disposition of Property Plant Equipment ($37.4m) ($54.2m) ($51.1m) ($70.7m) $41.9m $113.1m $27.9m ($31.6m) ($25.2m) ($16.4m) $9.0m
Net Cash Provided by (Used in) Investing Activities ($245.0m) ($5.1m) $25.6m ($19.6m) $11.0m $505.5m $74.0m $113.6m $70.3m ($10.3m) ($14.9m)
Cash flows from financing activities:
Gain (Loss) on Extinguishment of Debt ($901k) ($78k) ($106k) ($1.0m) ($12k)
Payments for Repurchase of Common Stock $18.2m $4.8m
Payments of Ordinary Dividends, Common Stock $77.5m $81.5m $49.3m $38.6m $38.6m $38.5m $54.0m $4.1m $4.1m $4.1m ($3.1m)
Proceeds from Issuance of Common Stock $83.5m
Dividends Payable $33.3m
Net Cash Provided by (Used in) Financing Activities $141.8m
($90.4m) -163.76%
($104.5m) -15.59%
($63.7m) +39.05%
($85.1m) -33.67%
($505.2m) -493.50%
($123.4m) +75.58%
($10.3m) +91.69%
($164.5m) -1503.94%
($5.6m) +96.62%
($3.1m) +43.60%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect ($8.8m) $453k $1.4m ($1.4m) ($5.6m) $36.6m ($34.1m) $121.2m ($85.2m) ($12.1m) $22.5m
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents ($8.8m) $453k $11.2m $9.8m $4.2m $40.8m $6.6m $127.9m $42.7m $30.6m $22.5m
Additional Supplementary Disclosures
Additional Supplementary Disclosures
Payments of Financing Costs $3.6m $6.9m $2.2m $83k $2.6m $2.3m $5.7m
Supplemental disclosure of cash flow information:
Interest Paid, Excluding Capitalized Interest, Operating Activities $30.0m $35.9m $34.5m $33.1m $30.1m $21.1m $25.7m $24.1m $21.9m
Additional Financial Items
Discontinued Operation, Income (Loss) from Discontinued Operation During Phase-out Period, Net of Tax $2.9m $7.4m $3.2m ($388k)
Gain (Loss) on Sale of Properties $41.9m $113.1m $27.9m $23.4m $20.8m $12.9m
General and Administrative Expense $13.5m $13.1m $14.5m $15.0m $15.9m $13.9m $14.0m $13.9m $12.4m
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent $8.4m
Income Tax Expense (Benefit) $418k $400k $360k $269k $250k $638k $204k $279k $216k $189k
Operating Lease, Lease Income $256.2m $244.2m $207.6m $163.7m $145.4m $120.1m $107.2m
Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI on Derivatives, Net of Tax $6.7m
Revenue from Contract with Customer, Including Assessed Tax $269.1m