Company: HPP
Filing Date: 2025-02-25
Form Type: 10-K
Source: 0001482512-25-000029
Chunk: 34

Company: Hudson Pacific Properties, Inc.
Filing Date: 2025-02-25
Form: 10-K
Item: Item 8
Chunk 34
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 costs(79)— (573)Accelerated share repurchase— — (200,000)Dividends paid to common stock and unitholders(15,377)(54,960)(145,427)Dividends paid to preferred stock and unitholders(20,800)(20,800)(23,324)Contributions from redeemable non-controlling members in consolidated real estate entities88 2,025 575 Distributions to redeemable non-controlling members in consolidated real estate entities(3,932)(82,407)(16)Contributions from non-controlling members in consolidated real estate entities34,056 26,480 23,689 Distributions to non-controlling members in consolidated real estate entities(29,204)(58,973)(72,346)Purchase of non-controlling interest(41,019)— — Proceeds from sale of bonds— 145,535 — Payments to satisfy tax withholding obligations(571)(88)(695)Net cash provided by (used in) financing activities65,903 (866,672)97,448 Net (decrease) increase in cash and cash equivalents and restricted cash(19,979)(166,575)88,855 Cash and cash equivalents and restricted cash—beginning of period119,156 285,731 196,876 CASH AND CASH EQUIVALENTS AND RESTRICTED CASH—END OF PERIOD$99,177 $119,156 $285,731 

The accompanying notes are an integral part of these consolidated financial statements.

F-9

Report of Independent Registered Public Accounting Firm

To the Partners of Hudson Pacific Properties, L.P.

Opinion on the Financial Statements

We have audited the accompanying consolidated balance sheets of Hudson Pacific Properties, L.P. (the Operating Partnership) as of December 31, 2024 and 2023, the related consolidated statements of operations, comprehensive loss, capital and cash flows for each of the three years in the period ended December 31, 2024, and the related notes and financial statement schedule listed in the Index at Item 15(a) (collectively referred to as the “consolidated financial statements”). In our opinion, the consolidated financial statements present fairly, in all material respects, the financial position of the Operating Partnership at December 31, 2024 and 2023, and the results of its operations and its cash flows for each of the three