Company: PSA-PH
Filing Date: 2025-02-24
Form Type: 10-K
Source: 0001393311-25-000036
Chunk: 106

Company: Public Storage
Filing Date: 2025-02-24
Form: 10-K
Item: Item 15
Chunk 106
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umulated depreciation (10,426,186)(9,423,974)18,052,552 18,041,264 Construction in process308,101 345,453 18,360,653 18,386,717 Investment in unconsolidated real estate entity382,490 390,180 Goodwill and other intangible assets, net282,187 387,267 Other assets282,188 275,050 Total assets $19,754,934 $19,809,216      LIABILITIES AND EQUITY        Notes payable$9,353,034 $9,103,277 Accrued and other liabilities588,248 598,993 Total liabilities9,941,282 9,702,270     Commitments and contingencies (Note 14)    Equity:    Public Storage shareholders’ equity:    Preferred Shares, $0.01 par value, 100,000,000 shares authorized, 174,000 shares issued (in series) and outstanding, (174,000 shares at December 31, 2023) at liquidation preference4,350,000 4,350,000 Common Shares, $0.10 par value, 650,000,000 shares authorized, 175,408,393 shares issued (175,670,727 shares at December 31, 2023)17,541 17,567 Paid-in capital 6,116,113 5,980,760 Accumulated deficit (699,083)(267,910)Accumulated other comprehensive loss(71,965)(67,239)Total Public Storage shareholders’ equity 9,712,606 10,013,178 Noncontrolling interests101,046 93,768 Total equity9,813,652 10,106,946 Total liabilities and equity$19,754,934 $19,809,216 

See accompanying notes.F-3

PUBLIC STORAGE

CONSOLIDATED STATEMENTS OF INCOME

 (Amounts in thousands, except per share amounts)

For the Years Ended December 31, 202420232022Revenues:Self-storage facilities $4,395,993 $4,259,613 3,946,028 Ancillary operations 299,623 258,077 236,135 4,695,616 4,517,690 4