SIMON PROPERTY GROUP,INC. (NYSE:SPG-J) Files An 8-K Results of Operations and Financial ConditionItem 2.02.Results of Operations and Financial Condition
On October27, 2017, Simon Property Group,Inc. issued a press release containing information on earnings for the quarter ended September30, 2017 and other matters. A copy of the press release is furnished with this report as Exhibit99.1, and is incorporated by reference into this report.
Item 2.02.RegulationFD Disclosure
Exhibit99.1 also includes supplemental financial and operating information for the quarter ended September30, 2017.
Item 2.02.Financial Statements and Exhibits
The exhibit filed with this report contains measures of financial or operating performance that are not specifically defined by generally accepted accounting principles ("GAAP") in the United States, including funds from operations ("FFO"), FFO per share, comparable FFO per share, comparable earnings per share, funds available for distribution, net operating income ("NOI"), portfolio NOI, and comparable property NOI. FFO and NOI are performance measures that are standard in the REIT business. We believe FFO and NOI provide investors with additional information concerning our operating performance and a basis to compare our performance with the performance of other REITs. We also use these measures internally to monitor the operating performance of our portfolio. Our computation of these non-GAAP measures may not be the same as similar measures reported by other REITs.
These non-GAAP financial measures should not be considered as alternatives to net income as a measure of our operating performance or to cash flows computed in accordance with GAAP as a measure of liquidity nor are they indicative of cash flows from operating and financial activities.
Reconciliations of each of these non-GAAP measures to the most-directly comparable GAAP measure are included in the exhibit.
The information in this report and the exhibit filed herewith is being furnished, not filed, for purposes of Section18 of the Securities Exchange Act of 1934, as amended, and to Items2.02 and 7.01 of Form8-K, will not be incorporated by reference into any filing under the Securities Act of 1933, as amended.
to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
Dated: October27, 2017
|SIMON PROPERTY GROUP,INC.|
|By:|| /s/ANDREW JUSTER Andrew Juster, Executive Vice President and |
Chief Financial Officer
SIMON PROPERTY GROUP INC /DE/ ExhibitEX-99.1 2 a2233552zex-99_1.htm EX-99.1 Use these links to rapidly review the document TABLE OF CONTENTS Table of Contents Exhibit 99.1 SIMON PROPERTY GROUP EARNINGS RELEASE & SUPPLEMENTAL INFORMATION UNAUDITED THIRD QUARTER 2017 Table of Contents TABLE OF CONTENTS EARNINGS RELEASE AND SUPPLEMENTAL INFORMATION FOR THE QUARTER ENDED SEPTEMBER 30,…To view the full exhibit click