To: Triffin who wrote (14178 ) 2/4/2013 10:25:26 AM From: Triffin Read Replies (1) | Respond to SPG boosts quarterly payout +4.5% over prior quarter .. SPG Funds from Operations ("FFO") for the quarter was $827.4 million, or $2.29 per diluted share, as compared to $678.9 million, or $1.91 per diluted share, in the prior year period. The increase on a per share basis was 19.9%. FFO for the year was $2.885 billion, or $7.98 per diluted share, as compared to $2.439 billion, or $6.89 per diluted share, in 2011. The increase of $446 million was 15.8% on a per share basis. Net Income Net income attributable to common stockholders for the quarter was $315.4 million, or $1.01 per diluted share, as compared to $362.9 million, or $1.24 per diluted share, in the prior year period. 2011 results included a net gain from acquisition and disposition activities of $0.35 per share. Net income attributable to common stockholders for the year was $1.431 billion, or $4.72 per diluted share, as compared to $1.021 billion, or $3.48 per diluted share, in 2011. "I am very pleased with our strong fourth quarter results, capping off an excellent year for our Company," said David Simon, Chairman and Chief Executive Officer. "We reported a 19.9% increase in FFO per share for the quarter, and our Mall and Premium Outlet portfolio delivered 4.8% growth in comparable property net operating income for the year. We continued to strengthen our retail real estate platform through our investment activities. We are also pleased to raise our dividend for the sixth consecutive quarter."
