PSB

Market cap $3.8628B
Enterprise value $2.9022B
Employees 157
Revenue $401M
EBITDA $266M
Income $90.4M
EPS 3.00
P/E 37.23
Forward P/E 31.84
EV/EBITDA 10.91
PEG N/A
Earnings date 2018-04-23
Volume 119k / 87.8k
Relative vol. 1.36 ×
Profit margin 38.63%
Oper. margin 42.87%
Gross margin 65.84%
Sales Q/Q 2.15%
Sales Y/Y 1.41%
Est. EPS Q/Q 29.79%
Beta 0.45
Mean Recomm. 3.80
IPO year 1991
Country United States
RSI 34.99
Range $109.84 – $112.12
52 weeks $107.91 – $137.60
SMA 50 $116 +4.03%
SMA 200 $128 +14.94%
1 year target $123 +10.05%

Intraday

5 days

1 month

3 months

6 months

1 year

5 years

10 years

All time

Thursday, 8 February 2018
-3.21%
markit
See what the IHS Markit Score report has to say about PS Business Parks Inc.
Wednesday, 7 February 2018
+0.39%
businesswire
Revised: PS Business Parks, Inc. to Release Fourth Quarter 2017 Earnings and Host Quarterly Conference Call
Wednesday, 17 January 2018
+1.78%
businesswire
PS Business Parks, Inc. to Release Fourth Quarter 2017 Earnings and Host Quarterly Conference Call
Sunday, 14 January 2018
forbes
7 REIT Payouts Getting Set To Grow In February
Friday, 12 January 2018
-0.32%
etfdailynews
These REITs Are Primed To Boost Their Payouts In January
Tuesday, 19 December 2017
-3.40%
globenewswire
Analysis: Positioning to Benefit within Albemarle, Eversource Energy, Axalta Coating, PNM Resources, Sensient Technologies, and PS Business Parks — Research Highlights Growth, Revenue, and Consolidated Results
Monday, 11 December 2017
-0.25%
accesswire
EX-Dividend Schedule: PS Business Parks has a Dividend Yield of 2.63%; Will Trade Ex-Dividend on December 12, 2017
Thursday, 30 November 2017
-0.05%
businesswire
PS Business Parks, Inc. Announces Redemption of All Outstanding Depositary Shares Representing Interests in its 6.00% Cumulative Preferred Stock, Series T
businesswire
PS Business Parks, Inc. Announces Pricing of 5.20% Cumulative Preferred Stock, Series Y
Friday, 24 November 2017
+0.09%
zacks
PS Business Parks Up 1.5% Since Earnings Report: Can It Continue?
Wednesday, 8 November 2017
+1.52%
accesswire
Earnings Review and Free Research Report: PS Business Parks’ Adjusted FFO Increased 7.7%
Tuesday, 7 November 2017
-0.31%
nasdaq
Lamar Advertising Q3 FFO & Revenues Beat Estimates
Wednesday, 25 October 2017
+0.99%
seekingalpha
PS Business Parks CEO Maria Hawthorne on Q3 2017 Results - Earnings Call ...
nasdaq
PS Business Parks Q3 FFO and Revenues Top Estimates
Tuesday, 24 October 2017
-1.08%
ap
PS Business Parks reports 3Q results
Tuesday, 10 October 2017
-0.73%
investorplace
3 Stocks to Watch on Tuesday: LVMH Moet Hennessy Louis Vuitton SE , PS Business Parks Inc and Summit Hotel Properties Inc
Monday, 9 October 2017
+0.68%
businesswire
PS Business Parks, Inc. to Release Third Quarter 2017 Earnings and Host Quarterly Conference Call
Thursday, 5 October 2017
-0.19%
investors
PS Business Parks Trying To Close In On Key Technical Measure
Monday, 25 September 2017
+0.68%
seekingalpha
PS Business Parks: 5.25% Preferred Stock Started Trading On NYSE
Wednesday, 13 September 2017
-0.31%
moodys
CWALT, Inc. Mortgage Pass-Through Certificates, Series 2006-41CB -- Moody's assigns A2 rating to Public Storage's unsecured bonds; stable outlook
Tuesday, 12 September 2017
-1.57%
zacks
The Zacks Analyst Blog Highlights: Rexford Industrial Realty, PS Business Parks, InfraREIT and Preferred Apartment Communities
nasdaq
The Zacks Analyst Blog Highlights: Rexford Industrial Realty, PS Business ...
Monday, 11 September 2017
+1.00%
nasdaq
Who Says REITs Fear Rising Rates? 4 Stocks Disprove This
Wednesday, 30 August 2017
+0.86%
nasdaq
Why You Should Buy PS Business Parks Stock Right Now
Tuesday, 29 August 2017
-0.02%
nasdaq
PS Business Parks Up 3.1% Since Earnings Report: Can It Continue?
Friday, 25 August 2017
+0.05%
zacks
Why it is a Good Idea to Hold HP Inc Stock for Now
Tuesday, 22 August 2017
-0.11%
zacks
5 Reasons to Add Rayonier Stock to Your Portfolio Now
Tuesday, 15 August 2017
-0.90%
seekingalpha
Industrial REITs Surge On Relentless E-Commerce Growth
Monday, 14 August 2017
+0.75%
reuters
PS Business Parks Inc announces departure of CFO
Wednesday, 9 August 2017
-0.57%
nasdaq
Lamar Advertising Q2 FFO & Revenues Top, Stock Down
Monday, 7 August 2017
-0.51%
nasdaq
Lamar Advertising Acquires Steen Outdoor's Assets
Wednesday, 26 July 2017
+1.89%
seekingalpha
PS Business Parks CEO Maria Hawthorne on Q2 2017 Results - Earnings Call ...
zacks
PS Business Parks Q2 FFO Tops Estimates, Revenues Miss
Tuesday, 25 July 2017
+0.55%
reuters
PS Business Parks reports Q2 FFO per share $1.55
Wednesday, 12 July 2017
+0.71%
nasdaq
Piedmont Sells NASA Headquarters, Updates Q2 Leasing
Wednesday, 5 July 2017
-1.18%
zacks
Why Should You Buy PS Business Parks Stock Right Now?
Monday, 3 July 2017
+0.10%
zacks
Autoliv Invests in Specialized Fund Autotech Ventures
Tuesday, 13 June 2017
+0.60%
zacks
Urstadt Biddle Properties to Repurchase 2M Shares
zacks
Healthcare Trust Adds Duke Realty's Healthcare Platform
Wednesday, 7 June 2017
-0.01%
zacks
AvalonBay's Rental Revenue Growth Decelerates, Shares Dip
Monday, 5 June 2017
-0.26%
nasdaq
PS Business Parks Opens Highgate at The Mile in Tysons
Wednesday, 10 May 2017
+0.64%
nasdaq
PS Business Parks Progresses on Solid Portfolio Mix
Wednesday, 26 April 2017
-0.33%
seekingalpha
PS Business Parks' CEO Maria Hawthorne on Q1 2017 Results - Earnings ...
Tuesday, 25 April 2017
+0.11%
reuters
PS Business Parks reports quarterly FFO per share $1.52
Monday, 27 March 2017
-0.62%
zacks
PS Business in Good Shape: Should You Hold the Stock?
Wednesday, 22 February 2017
-0.54%
seekingalpha
PS Business Parks' CEO Maria Hawthorne on Q4 2016 Results - Earnings ...
Tuesday, 21 February 2017
+0.90%
reuters
PS Business Parks reports quarterly FFO per share $1.18
Wednesday, 11 January 2017
-0.23%
reuters
PS Business Parks enters into third amended and restated revolving credit agreement dated as of Jan 10
Friday, 23 December 2016
+0.58%
seekingalpha
PS Business Parks: Investing In America's Boom Towns
Tuesday, 25 October 2016
+1.13%
reuters
PS Business Parks quarterly adjusted FFO per share $1.43
Tuesday, 11 October 2016
-1.21%
reuters
PS Business Parks announces pricing of 5.20% cumulative preferred stock
Tuesday, 26 July 2016
-0.04%
reuters
PS Business Parks quarterly FFO per share $1.30
Wednesday, 13 July 2016
+0.28%
reuters
Public Storage prices 12 mln depositary shares offering at $25.00 per depositary share
Friday, 17 June 2016
-0.73%
reuters
Public Storage Board of Trustees names Joseph Russell as President
Monday, 24 August 2015
-2.54%
reuters
PS Business Parks Inc announces promotion of Maria R. Hawthorne to President
Monday, 3 August 2015
+0.57%
reuters
PS Business Parks Inc announces sale of Northgate Business Park in Sacramento, California
Tuesday, 28 July 2015
-0.23%
reuters
PS Business Parks increases quarterly common dividend
Tuesday, 10 March 2015
+0.85%
nasdaq
PS Business Parks Cumulative Preferred Stock, Series S Goes Ex-Dividend Soon
Tuesday, 19 April 2011
+0.36%
marketwatch
134.23
Date
#
Company
Insider Title
Trans.
Transaction
Shares Price per share Total price Shares after Source
2017-11-13 Robert S Rollo
Director
Director Option exercise 2,070 $72.59 $150,261
2017-11-13
3,372
2017-09-14 Joseph D Jr Russell
Director
Director Sale 800 $133.00 $106,400
2017-09-14
66,690
2017-09-12 Sara Grootwassink Lewis
Director
Director Option exercise 5,137 $60.15 $308,991
2017-09-12
4,692
2017-09-11 Robert S Rollo
Director
Director Option exercise 8,613 $75.85 $653,296
2017-09-11
9,915
2017-08-31 Ronald L Jr Havner
Director
Director Sale 8,136 $134.94 $1,097,872
2017-08-31
0
2017-08-24 Joseph D Jr Russell
Director
Director Sale 2,500 $133.37 $333,425
2017-08-24
67,490
2017-08-21 John W Petersen
EXECUTIVE VICE PRESIDENT & COO
EXECUTIVE VICE PRESIDENT & COO Option exercise 3,000 $50.63 $151,890
2017-08-21
30,581
2017-08-18 Jennifer Holden Dunbar
Director
Director Option exercise 4,000 $34.00 $136,000
2017-08-18
4,000
2017-06-02 John W Petersen
EXECUTIVE VICE PRESIDENT & COO
EXECUTIVE VICE PRESIDENT & COO Sale 3,500 $129.83 $454,405
2017-06-02
27,581
2017-05-25 John W Petersen
EXECUTIVE VICE PRESIDENT & COO
EXECUTIVE VICE PRESIDENT & COO Option exercise 2,500 $50.63 $126,575
2017-05-25
31,581
2017-05-11 John W Petersen
EXECUTIVE VICE PRESIDENT & COO
EXECUTIVE VICE PRESIDENT & COO Sale 3,000 $121.59 $364,770
2017-05-11
29,081
2017-05-10 James H Kropp
Director
Director Option exercise 2,068 $55.89 $115,581
2017-05-10
10,902
2017-05-09 Edward A Stokx
EVP, CFO & Secretary
EVP, CFO & Secretary Option exercise 7,000 $50.63 $354,410
2017-05-09
34,316
2017-03-13 Joseph D Jr Russell
Director
Director Sale 2,500 $110.61 $276,525
2017-03-13
53,668
2017-03-07 Ronald L Jr Havner
Director
Director Option exercise 10,344 $66.63 $689,221
2017-03-07
10,344
2016-12-07 Joseph D Jr Russell
Director
Director Sale 2,000 $112.95 $225,900
2016-12-07
56,539
2016-12-06 John W Petersen
EXECUTIVE VICE PRESIDENT & COO
EXECUTIVE VICE PRESIDENT & COO Option exercise 2,118 $50.63 $107,234
2016-12-06
26,603
2016-11-30 John W Petersen
EXECUTIVE VICE PRESIDENT & COO
EXECUTIVE VICE PRESIDENT & COO Option exercise 1,882 $50.63 $95,286
2016-11-30
26,667
2016-11-18 Edward A Stokx
EVP, CFO & Secretary
EVP, CFO & Secretary Option exercise 6,000 $50.63 $303,780
2016-11-18
26,140
2016-11-07 Sara Grootwassink Lewis
Director
Director Option exercise 4,137 $46.43 $192,081
2016-11-07
7,137
2016-11-07 Jennifer Holden Dunbar
Director
Director Option exercise 1,000 $34.00 $34,000
2016-11-07
1,000
2016-08-19 Joseph D Jr Russell
Director
Director Sale 2,000 $108.45 $216,900
2016-08-19
58,539
2016-08-15 Joseph D Jr Russell
Director
Director Sale 3,000 $109.74 $329,220
2016-08-15
60,539
2016-08-03 James H Kropp
Director
Director Option exercise 2,068 $66.63 $137,791
2016-08-03
10,502
2016-03-11 Edward A Stokx
EVP, CFO & Secretary
EVP, CFO & Secretary Option exercise 6,123 $50.63 $310,007
2016-03-11
17,830
2016-03-03 John W Petersen
EXECUTIVE VICE PRESIDENT & COO
EXECUTIVE VICE PRESIDENT & COO Option exercise 3,500 $50.63 $177,205
2016-03-03
18,998
2015-12-14 Joseph D Jr Russell
Director
Director Sale 1,000 $85.24 $85,240
2015-12-14
43,718

Notable SEC filings of PS Business Parks, Inc.

Date Contents
Source
2017-10-25 8-K Results of Operations and Financial Condition; Financial Statements and Exhibits
2017-09-13 8-K Entry into a Material Definitive Agreement; Material Modifications to Rights of Security Holders; Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year; Financial Statements and Exhibits
2017-08-15 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers; Financial Statements and Exhibits
2017-07-28 10-Q Quarterly report
2017-07-26 8-K Results of Operations and Financial Condition; Financial Statements and Exhibits
2017-04-28 10-Q Quarterly report
2017-04-26 8-K Results of Operations and Financial Condition; Submission of Matters to a Vote of Security Holders; Financial Statements and Exhibits
2017-02-24 10-K Yearly report
2017-02-22 8-K Results of Operations and Financial Condition; Financial Statements and Exhibits
2017-01-11 8-K Entry into a Material Definitive Agreement; Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant; Financial Statements and Exhibits
2016-10-28 10-Q Quarterly report
2016-10-26 8-K Results of Operations and Financial Condition; Financial Statements and Exhibits
2016-10-12 8-K Entry into a Material Definitive Agreement; Material Modifications to Rights of Security Holders; Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year; Financial Statements and Exhibits
2016-07-29 10-Q Quarterly report
2016-07-27 8-K Results of Operations and Financial Condition; Financial Statements and Exhibits
2016-06-17 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
2016-04-29 10-Q Quarterly report
2016-04-27 8-K Results of Operations and Financial Condition; Submission of Matters to a Vote of Security Holders; Financial Statements and Exhibits
2016-02-23 10-K Yearly report
2016-02-17 8-K Results of Operations and Financial Condition; Financial Statements and Exhibits
2015-10-30 10-Q Quarterly report
2015-10-28 8-K Results of Operations and Financial Condition; Financial Statements and Exhibits
2015-09-09 8-K Other Events; Financial Statements and Exhibits
2015-08-25 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers; Financial Statements and Exhibits
2015-08-03 10-Q Quarterly report
2015-07-29 8-K Results of Operations and Financial Condition; Financial Statements and Exhibits
Neutral → Underweight
JP Morgan 14 December 2017

PS Business Parks executives

Insider Title Age Since Compensation
Maria Hawthorne (57)
President, Chief Executive Officer, Principal Financial Officer, Principal Accounting Officer, Director since 2017
President, Chief Executive Officer, Principal Financial Officer, Principal Accounting Officer, Director 57 2017 $3,524,210
Joseph Russell (57)
President of Public Storage, Director since 2016
President of Public Storage, Director 57 2016 $3,429,680
John Petersen (53)
Chief Operating Officer, Executive Vice President since 2004
Chief Operating Officer, Executive Vice President 53 2004 $2,066,360
Sara Lewis (49)
Independent Director since 2016
Independent Director 49 2016 $84,318
James Kropp (68)
Independent presiding Director since 2016
Independent presiding Director 68 2016 $81,818
Jennifer Dunbar (54)
Independent Director since 2009
Independent Director 54 2009 $73,818
Peter Schultz (69)
Independent Director since 2012
Independent Director 69 2012 $68,568
Robert Rollo (69)
Independent Director since 2013
Independent Director 69 2013 $65,318
Gary Pruitt (67)
Independent Director since 2012
Independent Director 67 2012 $62,818
Ronald Havner (59)
Chairman and Chief Executive Officer of Public Storage since 2016
Chairman and Chief Executive Officer of Public Storage 59 2016 $40,818
PS Business Parks, Inc. logo

PS Business Parks, Inc., a member of the S&P SmallCap 600, is a real estate investment trust (?REIT?) that acquires, develops, owns and operates commercial properties, primarily multi-tenant flex, office and industrial space. The Company defines ?flex? space as buildings that are configured with a combination of office and warehouse space and can be designed to fit a number of uses (including office, assembly, showroom, laboratory, light manufacturing and warehouse space). As of September 30, 2017, the Company wholly owned 28.0 million rentable square feet with approximately 4,950 customers in six states and a 95.0% interest in 395 apartments.

  • PS Business Parks, Inc., 701 Western Avenue, Glendale 91201, United States
  • psbusinessparks.com
  • (818) 244-8080

Quarterly EPS estimates

Profit margin

Debt to assets

Cash flow

Balance sheet

(in millions) 2017Q3 2017Q2 2017Q1 2016Q4
Current assets
Cash $132.658 $5.408 $4.766 $128.629
Short term investments
Net receivables $33.873 $33.399 $33.971 $31.715
Inventory
Other current assets
Total current assets
Long term investments $96.593 $91.259 $82.104 $67.19
Property, plant & equipment $1,853.828 $1,861.381 $1,870.646 $1,883.632
Goodwill
Intangible assets
Other assets $8.779 $6.611 $5.706 $8.205
Deferred long term asset charges
Total assets $2,125.731 $1,998.058 $1,997.193 $2,119.371
Current liabilities
Accounts payable $82.618 $77.643 $75.824 $78.657
Short long term debt $101 $107
Other current liabilities
Total current liabilities
Long term debt $220 $230
Other liabilities
Deferred long term liabilities
Minority interest $197.317 $198.862 $197.952 $197.455
Total liabilities $499.935 $377.505 $380.776 $506.112
Stockholders' equity
Stock option warrants
Common stock $0.272 $0.272 $0.271 $0.271
Retained earnings $0.06 -$1,575.165 -$1,539.444 -$1,503.076
Treasury stock
Capital surplus $735.714 $735.591 $733.266 $733.671
Other stockholder equity $1,580.105 $1,542.574 $1,502.643
Total stockholder equity $1,625.796 $1,620.553 $1,616.417 $1,613.259
Net tangible assets $1,625.796 $1,620.553 $1,616.417 $1,613.259
(in millions) 2016 2015 2014
Current assets
Cash $128.629 $188.912 $152.467
Short term investments
Net receivables $31.715 $30.561 $28.888
Inventory
Other current assets
Total current assets
Long term investments $67.19 $26.736
Property, plant & equipment $1,883.632 $1,932.562 $2,035.444
Goodwill
Intangible assets
Other assets $8.205 $7.887 $10.315
Deferred long term asset charges
Total assets $2,119.371 $2,186.658 $2,227.114
Current liabilities
Accounts payable $78.657 $76.059 $68.905
Short long term debt
Other current liabilities
Total current liabilities
Long term debt $230 $250 $250
Other liabilities
Deferred long term liabilities
Minority interest $197.455 $200.103 $194.928
Total liabilities $506.112 $526.162 $513.833
Stockholders' equity
Stock option warrants
Common stock $0.271 $0.269 $0.268
Retained earnings -$1,503.076 -$1,357.203 -$1,235.941
Treasury stock
Capital surplus $733.671 $722.009 $709.008
Other stockholder equity $1,502.643 $1,375.421 $1,244.946
Total stockholder equity $1,613.259 $1,660.496 $1,713.281
Net tangible assets $1,613.259 $1,660.496 $1,713.281

Income statement

(in millions) 2017Q3 2017Q2 2017Q1 2016Q4
Revenue
Total revenue $100.229 $99.924 $100.189 $98.117
Cost of revenue $31.679 $30.25 $31.033 $30.668
Gross profit $68.55 $69.674 $69.156 $67.449
Operating expenses
Research & development
Selling, general & administrative $1.745 $2.443 $2.831 $2.88
Non-recurring
Other operating expenses $23.759 $23.628 $23.078 $24.6
Total operating expenses
Operating income $43.046 $43.603 $43.247 $39.969
Income from continuing operations
Net other income $0.464 $1.239 $3.97 -$0.225
EBIT $43.51 $44.842 $47.217 $39.744
Interest expense $0.503 $0.285 $0.184 $0.157
Income before tax $43.007 $44.557 $47.033 $39.587
Income tax expense
Minority interest $197.317 $198.862 $197.952 $197.455
Net income from continuing ops $37.767 $37.531 $39.931 $36.127
Non-recurring events
Discontinued operations
Extraordinary items
Effect of accounting change
Other items
Net income
EBITDA $37.767 $37.531 $39.931 $36.127
Income (for common shares) $18.14 $24.743 $26.392 $12.855
(in millions) 2016 2015 2014
Revenue
Total revenue $387.389 $373.675 $376.915
Cost of revenue $123.108 $121.224 $127.371
Gross profit $264.281 $252.451 $249.544
Operating expenses
Research & development
Selling, general & administrative $14.862 $13.582 $13.639
Non-recurring
Other operating expenses $99.486 $105.394 $110.357
Total operating expenses
Operating income $149.933 $133.475 $125.548
Income from continuing operations
Net other income $0.715 $28.825 $92.745
EBIT $150.648 $162.3 $218.293
Interest expense $5.664 $13.33 $13.593
Income before tax $144.984 $148.97 $204.7
Income tax expense
Minority interest $197.455 $200.103 $194.928
Net income from continuing ops $128.029 $130.475 $173.971
Non-recurring events
Discontinued operations
Extraordinary items
Effect of accounting change
Other items
Net income
EBITDA $128.029 $130.475 $173.971
Income (for common shares) $62.872 $68.291 $113.154

Cash flow

(in millions) 2017Q3 2017Q2 2017Q1 2016Q4
Net income $37.767 $37.531 $39.931 $36.127
Operating activities
Depreciation $23.871 $23.719 $23.213 $24.209
Net income adjustments $3.346 $0.233 -$2.169 -$0.212
Change in accounts receivable -$0.097 -$0.544 $0.641 -$2.022
Changes in liabilities -$1.213 $2.209 -$0.996 -$0.668
Changes in inventory
Changes in other operating activities
Total cash flow from operations $68.538 $69.792 $67.722 $60.894
Investing activities
Capital expenditures -$15.982 -$15.031 -$9.92 -$7.696
Investments -$5.71 -$9.537 -$14.914 -$11.654
Other cash flows from investing $2.144 $2.4 $2.4
Total cash flows from investing -$21.692 -$22.424 -$22.434 -$19.35
Financing activities
Dividends paid -$41.957 -$41.93 -$42.578 -$41.61
Sale and purchase of stock $224.06 $1.468 -$229.311 $184.248
Net borrowings -$101.237 -$6.217 $106.094 -$60.569
Other cash flows from financing -$0.462 -$0.047 -$3.356 -$3.356
Total cash flows from financing $80.404 -$46.726 -$169.151 $82.069
Effect of exchange rate
Change in cash and equivalents $127.25 $0.642 -$123.863 $123.613
(in millions) 2016 2015 2014
Net income $128.029 $130.475 $173.971
Operating activities
Depreciation $99.486 $105.394 $110.357
Net income adjustments $8.727 -$22.102 -$85.274
Change in accounts receivable -$2.022 -$0.989 $0.792
Changes in liabilities -$0.668 $7.566 -$2.395
Changes in inventory
Changes in other operating activities
Total cash flow from operations $250.507 $238.839 $228.18
Investing activities
Capital expenditures -$44.554 -$46.463 -$98.996
Investments -$40.454 -$5.566 -$5.566
Other cash flows from investing $55.16 $212.184
Total cash flows from investing -$85.008 $3.131 $113.188
Financing activities
Dividends paid -$160.477 -$134.847 -$223.027
Sale and purchase of stock $187.204 -$69.911 $3.054
Net borrowings -$250.569 -$250.569 -$250.569
Other cash flows from financing -$1.94 -$0.767 -$0.409
Total cash flows from financing -$225.782 -$205.525 -$220.382
Effect of exchange rate
Change in cash and equivalents -$60.283 $36.445 $120.986
Messenger