City Office REIT, Inc. (CIO) financial statements (2021 and earlier)
Company profile
| Business Address |
SUITE 3210 - 666 BURRARD STREET VANCOUVER, BC V6C 2X8 |
| State of Incorp. | |
| Fiscal Year End | December 31 |
| SIC | 6798 - Real Estate Investment Trusts (benchmarking) |
| More info | Complete financial analysis Financial benchmarking |
Balance sheet (Statement of financial position) ($ in millions)
| 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 25 | 70 | 16 | 12 | 14 | 8 | 35 | ||
| Cash and cash equivalents | 25 | 70 | 16 | 12 | 14 | 8 | 35 | ||
| Restricted cash and investments | 21 | ||||||||
| Receivables | 33 | 32 | 26 | 20 | 17 | 14 | 8 | ||
| Total current assets: | 79 | 102 | 42 | 32 | 31 | 23 | 43 | ||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 205 | 230 | 224 | 188 | 116 | 90 | 66 | ||
| Intangible assets, net (including goodwill) | 44 | 68 | 76 | 65 | 56 | 41 | 29 | ||
| Intangible assets, net (excluding goodwill) | 44 | 68 | 76 | 65 | 56 | 41 | 29 | ||
| Total noncurrent assets: | 249 | 298 | 300 | 253 | 172 | 131 | 96 | ||
| Other undisclosed assets | 829 | 828 | 759 | 611 | 458 | 290 | 163 | ||
| TOTAL ASSETS: | 1,157 | 1,228 | 1,100 | 896 | 661 | 444 | 302 | ||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Noncurrent Liabilities | |||||||||
| Liabilities, other than long-term debt | 1 | ||||||||
| Off-market lease, unfavorable | 1 | ||||||||
| Total noncurrent liabilities: | 1 | ||||||||
| Other undisclosed liabilities | 739 | 679 | 702 | 537 | 405 | 370 | 210 | ||
| Total liabilities: | 739 | 679 | 702 | 537 | 405 | 370 | 210 | ||
| Stockholders' equity | |||||||||
| Stockholders' equity attributable to parent | 417 | 548 | 397 | 360 | 254 | 66 | 80 | ||
| Preferred stock | 112 | 112 | 112 | 112 | 112 | ||||
| Common stock | 0 | 1 | 0 | 0 | 0 | 0 | 0 | ||
| Additional paid in capital | 479 | 577 | 377 | 334 | 196 | 95 | 91 | ||
| Accumulated other comprehensive income (loss) | (2) | 1 | |||||||
| Accumulated deficit | (173) | (142) | (92) | (87) | (54) | (30) | (11) | ||
| Stockholders' equity attributable to noncontrolling interest | 0 | 9 | 12 | ||||||
| Other undisclosed stockholders' equity | 1 | 1 | 1 | 0 | 2 | (1) | (1) | ||
| Total stockholders' equity: | 418 | 549 | 398 | 360 | 256 | 74 | 91 | ||
| TOTAL LIABILITIES AND EQUITY: | 1,157 | 1,228 | 1,100 | 896 | 661 | 444 | 302 | ||
Income statement (P&L) ($ in millions)
| 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 161 | 156 | 129 | 106 | 72 | 55 | 37 | |
| Revenue, net | ✕ | ✕ | ✕ | 104 | 71 | 54 | 36 | |
| Operating lease, lease income | 161 | 154 | ✕ | ✕ | ✕ | ✕ | ✕ | |
| Operating leases, income statement, lease revenue | ✕ | ✕ | 110 | ✕ | ✕ | ✕ | ✕ | |
| Cost of revenue (Cost of Goods and Services Sold) | (43) | (28) | (20) | (14) | ||||
| Gross profit: | 161 | 156 | 129 | 64 | 44 | 35 | 23 | |
| Operating expenses | (129) | (128) | (114) | (91) | (73) | (51) | (34) | |
| Other undisclosed operating income | 43 | 28 | 20 | 14 | ||||
| Operating income (loss): | 31 | 29 | 16 | 15 | (0) | 5 | 3 | |
| Nonoperating income (Investment Income, Nonoperating) | 4 | |||||||
| Interest and debt expense | (28) | (30) | (24) | (20) | (15) | (11) | (10) | |
| Income (loss) before gain (loss) on sale of properties: | 4 | (1) | (8) | (5) | (15) | (7) | (2) | |
| Other undisclosed net income (loss) | 1 | 3 | 47 | 14 | 15 | (1) | (2) | |
| Net income (loss): | 5 | 2 | 39 | 9 | 0 | (8) | (5) | |
| Net income (loss) attributable to noncontrolling interest | (1) | (1) | 2 | (2) | ||||
| Other undisclosed net income (loss) attributable to parent | (1) | (1) | (3) | (0) | (1) | 5 | ||
| Net income (loss) attributable to parent: | 5 | 2 | 38 | 6 | (1) | (7) | (2) | |
| Preferred stock dividends and other adjustments | (7) | (7) | (7) | (7) | (2) | |||
| Other undisclosed net loss available to common stockholders, basic | (3) | |||||||
| Net income (loss) available to common stockholders, diluted: | (3) | (6) | 31 | (2) | (3) | (7) | (5) | |
Comprehensive Income ($ in millions)
| 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | 5 | 2 | 39 | 9 | 0 | (8) | (5) | |
| Other comprehensive loss | (3) | |||||||
| Other undisclosed comprehensive income | 1 | |||||||
| Comprehensive income (loss): | 2 | 3 | 39 | 9 | 0 | (8) | (5) | |
| Comprehensive loss, net of tax, attributable to noncontrolling interest | (1) | (1) | ||||||
| Comprehensive income (loss), net of tax, attributable to parent: | 2 | 3 | 39 | 9 | 0 | (8) | (5) | |
Statements sources
The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.