Highwoods Properties Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Property, Plant & Equipment	4,858	4,600	4,766	4,896	4,817
Total Real Estate Assets	5,072	4,821	4,994	5,127	5,032
Cash & Equivalents	27.36	22.41	25.12	21.36	23.15
Accounts Receivable	346.29	337.14	338.74	319.16	282.33
Restricted Cash	15.69	11.27	6.45	4.75	8.05
Other Current Assets	83.05	128.14	62.83	65.53	79.2
Deferred Long-Term Charges	244.26	209.97	225.92	252.83	258.9
Other Long-Term Assets	472.98	488.02	345.54	271.79	10.25
Total Assets	6,274	6,029	6,003	6,063	5,695
Current Portion of Long-Term Debt	6.68	-	-	-	-
Current Portion of Leases	2.12	-	-	-	-
Long-Term Debt	3,547	3,294	3,213	3,197	2,789
Long-Term Leases	77.7	-	-	-	-
Accounts Payable	187.26	286.07	279.46	273.18	263.33
Other Current Liabilities	2.61	-	-	-	-
Other Long-Term Liabilities	14.32	18.48	22.72	28.01	31.59
Total Liabilities	3,838	3,598	3,515	3,498	3,084
Preferred Stock, Redeemable	26.69	28.81	28.81	28.82	28.82
Common Stock	1.1	1.08	1.06	1.05	1.05
Additional Paid-In Capital	3,224	3,144	3,103	3,081	3,028
Distributions in Excess of Earnings	-870.08	-810.61	-698.02	-633.23	-579.62
Comprehensive Income & Other	-2.49	-2.25	-2	-1.21	-0.97
Total Common Equity	2,352	2,332	2,404	2,448	2,448
Minority Interest	56.67	70.08	54.25	88.21	134.11
Shareholders' Equity	2,436	2,431	2,488	2,565	2,611
Total Liabilities & Equity	6,274	6,029	6,003	6,063	5,695
Total Debt	3,634	3,294	3,213	3,197	2,789
Net Cash (Debt)	-3,607	-3,271	-3,188	-3,176	-2,766
Net Cash Per Share	-32.62	-30.20	-29.58	-29.52	-25.83
Filing Date Shares Outstanding	109.93	107.62	105.71	105.21	104.89
Total Common Shares Outstanding	109.91	107.62	105.71	105.21	104.89
Book Value Per Share	21.40	21.67	22.75	23.27	23.34
Tangible Book Value	2,352	2,332	2,404	2,448	2,448
Tangible Book Value Per Share	21.40	21.67	22.75	23.27	23.34
Land	609.18	570.29	540.05	548.72	549.23
Buildings	6,145	5,827	5,961	5,910	5,718
Construction In Progress	6.25	-	8.92	46.74	6.89

Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.