Company: PLDGP
Filing Date: 2025-02-14
Form Type: 10-K
Source: 0000950170-25-021272
Chunk: 375

Company: Prologis, Inc.
Filing Date: 2025-02-14
Form: 10-K
Item: Item 8
Chunk 375
---
 
    36,712,139

    35,197,120

    Capital:

    Partners’ capital:

    General partner – preferred
     
    63,948

    63,948

    General partner – common
     
    53,887,190

    53,117,776

    Limited partners – common
     
    913,227

    848,160

    Limited partners – Class A common
     
    429,358

    469,561

    Total partners’ capital
     
    55,293,723

    54,499,445

    Noncontrolling interests
     
    3,323,047

    3,324,275

    Total capital
     
    58,616,770

    57,823,720

    Total liabilities and capital
    $
    95,328,909

    $
    93,020,840

The accompanying notes are an integral part of these Consolidated Financial Statements.

60

PROLOGIS, L.P.

CONSOLIDATED STATEMENTS OF INCOME

(In thousands, except per unit amounts)

    Years Ended December 31,

    2024

    2023

    2022

    Revenues:

    Rental
     
    $
    7,514,705

    $
    6,818,542

    $
    4,913,171

    Strategic capital

    671,907

    1,200,232

    1,039,585

    Development management and other

    14,998

    4,695

    20,936

    Total revenues

    8,201,610

    8,023,469

    5,973,692

    Expenses:

    Rental

    1,765,385

    1,624,793

    1,205,738

    Strategic capital

    291,856

    385,542

    303,356

    General and administrative

    418,765

    390,406

    331,083

    Depreciation and amortization

    2,580,519

    2,484,891

    1,812,777

    Other

    47,044

    53,354

    40,