Investors Real Estate Trust (IRET) 2005年年度报告「NASDAQ」.pdf

1、with a diversified real estate portfolioCreating shareholder value 2005 ANNUALREPORTINVESTORSREALESTATETRUSTIRET*Includes both continuing operations and discontinued operations(real estate that we sold)for the indicated fiscal years.*For the definition of Funds From Operations and a reconciliation o

2、f this measure to measures under generally accepted accountingprinciples,you should refer to the section entitled“Funds From Operations”within the section entitled“Managements Discussionand Analysis of Financial Conditions and Results of Operations”in our Annual Report on Form 10-K.SELECTED CONSOLID

3、ATED FINANCIAL DATAThe following table sets forth selected financial data as of and for each of the fiscal years ended April 30,2001 through 2005.The table illustrates the significant growth in revenue and real estate investment IRETexperienced over the period reported.Most of this growth was attrib

4、utable to our addition of propertiesthrough acquisitions.These historical results are not necessarily indicative of the results to be expected in thefuture.This information is only a summary,and you should refer to our Consolidated Financial Statementsand notes thereto,and the section entitled“Manag

5、ements Discussion and Analysis of Financial Conditionand Results of Operations”contained in our Annual Report on Form 10-K for additional information.(in thousands,except per share data)Years Ended April 30,20052004200320022001Consolidated Income Statement DataRevenue$156,447$133,596$112,071$84,120$

6、67,473Income before Minority Interest and Discontinued Operations and Gain on Sale of Other Investments$10,709$10,858$14,337$12,664$9,840Gain on Sale of Real Estate,Land,and Other Investments$8,605$662$1,595$547$602Minority Interest Portion of Operating Partnership Income$(1,918)$(2,320)$(3,341)$(3,