Company: PSA-PH
Filing Date: 2025-02-24
Form Type: 10-K
Source: 0001393311-25-000036
Chunk: 29

Company: Public Storage
Filing Date: 2025-02-24
Form: 10-K
Item: Item 7
Chunk 29
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17,427(603)Expansions in process8,90311,360(2,457)11,36013,152(1,792)     Total revenues 225,845208,23517,610208,235182,68625,549Cost of operations (b): Developed in 20196,2815,6086735,6085,622(14)Developed in 20202,0371,8841531,8841,702182Developed in 20213,7433,849(106)3,8493,539310Developed in 20224,0553,5634923,5637382,825Developed in 20234,9761,6383,3381,638—1,638Developed in 2024879—879———Expansions completed before 202341,55539,9051,65039,90535,5714,334Expansions completed in 2023 or 20249,2525,4753,7775,4754,751724Expansions in process1,6361,901(265)1,9012,488(587)     Total cost of operations 74,41463,82310,59163,82354,4119,412Net operating income (loss):Developed in 201911,77712,473(696)12,47310,8221,651Developed in 20205,3345,737(403)5,7375,136601Developed in 20218,1217,2858367,2854,7942,491Developed in 20225,9993,3302,6693,330(51)3,381Developed in 20231,192(606)1,798(606)—(606)Developed in 2024(5)—(5)———Expansions completed before 202398,33295,3852,94795,38584,23411,151Expansions completed in 2023 or 202413,41411,3492,06511,34912,676(1,327)Expansions in process7,2679,459(2,192)9,45910,664(1,205)     Net operating income 151,431144,4127,019144,412128,27516,137Depreciation and