Kilroy Realty Corporation (KRC) financial statements (2020 and earlier)
Company profile
| Business Address |
12200 W. OLYMPIC BLVD., SUITE 200 LOS ANGELES, CA 90064 |
| State of Incorp. | MD |
| 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)
| 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 60 | 52 | 78 | 208 | 69 | 36 | 35 | ||
| Cash and cash equivalents | 60 | 52 | 58 | 193 | 57 | 24 | 35 | ||
| Short-term investments | 21 | 15 | 13 | 12 | |||||
| Receivables | 26 | 20 | 17 | 13 | |||||
| Total current assets: | 87 | 72 | 95 | 222 | 69 | 36 | 35 | ||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 96 | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | ||
| Property, plant and equipment | 1,501 | 1,197 | 1,116 | 1,149 | 876 | 878 | 657 | ||
| Assets held-for-sale, long lived | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 213 | ||
| Total noncurrent assets: | 1,598 | 1,197 | 1,116 | 1,149 | 876 | 878 | 871 | ||
| Other undisclosed assets | 7,216 | 6,497 | 5,592 | 5,336 | 4,994 | 4,720 | 4,205 | ||
| TOTAL ASSETS: | 8,900 | 7,766 | 6,803 | 6,707 | 5,939 | 5,634 | 5,111 | ||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Noncurrent Liabilities | |||||||||
| Liabilities, other than long-term debt | 28 | 25 | 21 | ||||||
| Accrued environmental loss contingencies | 28 | 25 | 21 | ||||||
| Total noncurrent liabilities: | 28 | 25 | 21 | ||||||
| Other undisclosed liabilities | 4,329 | 3,564 | 2,814 | 2,922 | 2,684 | 2,910 | 2,595 | ||
| Total liabilities: | 4,329 | 3,564 | 2,843 | 2,947 | 2,705 | 2,910 | 2,595 | ||
| Stockholders' equity | |||||||||
| Stockholders' equity attributable to parent, including: | 4,294 | 3,930 | 3,701 | 3,543 | 3,171 | 2,666 | 2,461 | ||
| Common stock | 1 | 1 | 1 | 1 | 1 | 1 | 1 | ||
| Additional paid in capital | 4,351 | 3,977 | 3,822 | 3,458 | 3,048 | 2,636 | 2,479 | ||
| Accumulated deficit | (58) | (48) | (123) | (108) | |||||
| Other undisclosed stockholders' equity attributable to parent | 192 | 122 | 29 | (18) | |||||
| Stockholders' equity attributable to noncontrolling interest | 277 | 271 | 260 | 216 | 64 | 58 | 55 | ||
| Total stockholders' equity: | 4,571 | 4,201 | 3,960 | 3,759 | 3,235 | 2,724 | 2,516 | ||
| TOTAL LIABILITIES AND EQUITY: | 8,900 | 7,766 | 6,803 | 6,707 | 5,939 | 5,634 | 5,111 | ||
Income statement (P&L) ($ in millions)
| 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 837 | 747 | 719 | 643 | 581 | 988 | 884 | |
| Revenue, net | ✕ | ✕ | 719 | 643 | 581 | 988 | 884 | |
| Operating lease, lease income | 826 | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | |
| Cost of revenue (Cost of Goods and Services Sold) | (130) | (114) | (105) | (101) | (97) | |||
| Gross profit: | 837 | 747 | 589 | 529 | 476 | 888 | 788 | |
| Operating expenses | (615) | (561) | (512) | (449) | (412) | (399) | (375) | |
| Operating income: | 222 | 186 | 77 | 80 | 64 | 489 | 413 | |
| Nonoperating income (expense) | (7) | 92 | (66) | (54) | (57) | (67) | (74) | |
| Investment income, nonoperating | 12 | 3 | 1 | 17 | 4 | 1 | ||
| Interest and debt expense | (49) | (13) | (5) | (56) | (58) | (68) | (76) | |
| Income (loss) from continuing operations before income taxes: | 167 | 265 | 5 | (30) | (52) | 354 | 263 | |
| Other undisclosed income (loss) from continuing operations | 29 | (7) | 159 | 334 | 290 | (295) | (247) | |
| Income from continuing operations: | 195 | 258 | 165 | 304 | 239 | 59 | 16 | |
| Income from discontinued operations | 124 | 29 | ||||||
| Income before gain (loss) on sale of properties: | 195 | 258 | 165 | 304 | 239 | 184 | 45 | |
| Other undisclosed net income | 20 | 20 | 16 | |||||
| Net income: | 215 | 278 | 181 | 304 | 239 | 184 | 45 | |
| Net loss attributable to noncontrolling interest | (20) | (20) | (16) | (10) | (5) | (4) | (1) | |
| Net income attributable to parent: | 195 | 258 | 165 | 294 | 234 | 180 | 44 | |
| Preferred stock dividends and other adjustments | (13) | (13) | (13) | (13) | (13) | |||
| Net income available to common stockholders, diluted: | 195 | 258 | 151 | 281 | 221 | 167 | 31 | |
Comprehensive Income ($ in millions)
| 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | ||
|---|---|---|---|---|---|---|---|---|
| Net income: | 215 | 278 | 181 | 304 | 239 | 184 | 45 | |
| Comprehensive income: | 215 | 278 | 181 | 304 | 239 | 184 | 45 | |
| Comprehensive loss, net of tax, attributable to noncontrolling interest | (20) | (20) | (16) | (10) | (5) | |||
| Comprehensive income, net of tax, attributable to parent: | 195 | 258 | 165 | 294 | 234 | 184 | 45 | |
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.