Company: PSA-PH
Filing Date: 2025-02-24
Form Type: 10-K
Source: 0001393311-25-000036
Chunk: 112

Company: Public Storage
Filing Date: 2025-02-24
Form: 10-K
Item: Item 15
Chunk 112
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olidated real estate entities11,039 29,333 134,769 Unrealized foreign currency exchange (gain) loss(101,974)51,239 (97,563)Share-based compensation expense44,747 41,566 56,703 Other non-cash adjustments11,410 20,508 15,207 Changes in operating assets and liabilities, excluding the impact of acquisitions:Other assets(44,968)(16,365)(29,638)Accrued and other liabilities 15,183 35,266 20,587 Net cash flows from operating activities 3,128,255 3,246,648 3,117,141 Cash flows from investing activities:Capital expenditures to maintain real estate facilities(239,655)(236,572)(218,713)Capital expenditures for property enhancements(126,757)(159,939)(189,699)Capital expenditures for energy efficiencies (LED lighting, solar)(53,612)(64,626)(51,361)Development and expansion of real estate facilities(326,854)(364,445)(313,511)Acquisition of real estate facilities and intangible assets(267,473)(473,176)(757,944)Acquisition of BREIT Simply Storage LLC, net of cash acquired— (2,178,151)— Issuance of notes receivable(9,960)— — Distributions in excess of cumulative equity in earnings from unconsolidated real estate entities13,285 10,975 13,670 Contributions to unconsolidated real estate entity— (112,554)— Proceeds from sale of real estate investments8,388 39,986 1,543 Proceeds from sale of equity investment in PS Business Parks, Inc.— — 2,636,011 Net cash flows (used in) from investing activities (1,002,638)(3,538,502)1,119,996 Cash flows from financing activities:Issuance costs on amendment of credit facility— (8,377)— Repayments of notes payable(808,505)(8,259)(513,495)Issuance of notes payable, net of issuance costs1,151,022 2,181,273 — Issuance of preferred shares — — 242,832 Issuance of common shares60,321 — — Issuance of common