Ps Business Parks Inc: (NYSE: PSB)

Zacks Rank: 3-Hold

Balance Sheet

Annual Balance Sheet

Fiscal Year End for PS BUSINESS PKS falls in the month of December.

All items in Millions except Per Share data.

	12/31/12	12/31/11	12/31/10	12/31/09	12/31/08
Assets
Cash & Equivalents	13	5	5	208	55
Receivables	30	27	25	24	24
Notes Receivable	0	0	0	0	0
Inventories	0	0	0	0	0
Other Current Assets	0	0	0	0	0
Total Current Assets	43	32	30	232	79
Net Property & Equipment	0	0	0	0	0
Investments & Advances	2,093	2,091	1,577	1,326	1,382
Other Non-Current Assets	0	0	0	0	0
Deferred Charges	0	0	0	0	0
Intangibles	0	0	0	0	0
Deposits & Other Assets	16	16	13	7	8
Total Assets	2,152	2,139	1,621	1,565	1,469

Liabilities & Shareholders Equity	12/31/12	12/31/11	12/31/10	12/31/09	12/31/08
Notes Payable	268	282	52	53	0
Accounts Payable	0	0	0	0	0
Current Portion Long-Term Debt	0	0	0	0	0
Current Portion Capital Leases	0	0	0	0	0
Accrued Expenses	69	61	53	46	46
Income Taxes Payable	0	0	0	0	0
Other Current Liabilities	0	0	0	0	0
Total Current Liabilities	338	343	105	99	46
Mortgages	0	0	0	0	59
Deferred Taxes/Income	0	0	0	0	0
Convertible Debt	0	0	0	0	0
Long-Term Debt	200	435	93	0	0
Non-Current Capital Leases	0	0	0	0	0
Other Non-Current Liabilities	0	0	0	0	0
Minority Interest (Liabilities)	0	0	0	0	243
Total Liabilities	538	778	198	99	349

Shareholders Equity	12/31/12	12/31/11	12/31/10	12/31/09	12/31/08
Preferred Stock	885	599	599	626	706
Common Stock (Par)	0	0	0	0	0
Capital Surplus	537	534	558	548	364
Retained Earnings	968	879	785	699	51
Other Equity	-776	-651	-518	-408	0
Treasury Stock	0	0	0	0	0
Total Shareholder's Equity	1,614	1,361	1,423	1,466	1,121
Total Liabilities & Shareholder's Equity	2,152	2,139	1,621	1,565	1,469
Total Common Equity	729	762	825	840	415
Shares Outstanding	24.20	24.10	24.60	24.30	20.40
Book Value Per Share	30.13	31.62	33.52	34.55	20.32

Fiscal Year End for PS BUSINESS PKS falls in the month of December.

All items in Millions except Per Share data.

	03/31/13	12/31/12	09/30/12	06/30/12	03/31/12
Assets
Cash & Equivalents	8	13	160	3	6
Receivables	32	30	30	30	28
Notes Receivable	0	0	0	0	0
Inventories	0	0	0	0	0
Other Current Assets	0	0	0	0	0
Total Current Assets	40	43	190	34	34
Net Property & Equipment	0	0	0	0	0
Investments & Advances	2,076	2,093	2,094	2,065	2,075
Other Non-Current Assets	0	0	0	0	0
Deferred Charges	0	0	0	0	0
Intangibles	0	0	0	0	0
Deposits & Other Assets	11	16	17	15	13
Total Assets	2,127	2,152	2,301	2,113	2,122

Liabilities & Shareholders Equity	03/31/13	12/31/12	09/30/12	06/30/12	03/31/12
Notes Payable	250	268	281	282	282
Accounts Payable	0	0	0	0	0
Current Portion Long-Term Debt	0	0	0	0	0
Current Portion Capital Leases	0	0	0	0	0
Accrued Expenses	66	69	74	68	65
Income Taxes Payable	0	0	0	0	0
Other Current Liabilities	0	0	0	0	0
Total Current Liabilities	316	338	355	350	347
Mortgages	0	0	0	0	0
Deferred Taxes/Income	0	0	0	0	0
Convertible Debt	0	0	0	0	0
Long-Term Debt	90	200	200	240	356
Non-Current Capital Leases	0	0	0	0	0
Other Non-Current Liabilities	0	0	132	0	0
Minority Interest (Liabilities)	0	0	0	0	0
Total Liabilities	406	538	687	590	703

Shareholders Equity	03/31/13	12/31/12	09/30/12	06/30/12	03/31/12
Preferred Stock	995	885	885	787	664
Common Stock (Par)	0	0	0	0	0
Capital Surplus	537	537	535	536	536
Retained Earnings	990	968	944	922	899
Other Equity	-801	-776	-752	-722	-681
Treasury Stock	0	0	0	0	0
Total Shareholder's Equity	1,721	1,614	1,613	1,523	1,419
Total Liabilities & Shareholder's Equity	2,127	2,152	2,301	2,113	2,122
Total Common Equity	726	729	728	736	755
Shares Outstanding	24.30	24.20	24.20	24.20	24.10
Book Value Per Share	29.86	30.13	30.10	30.42	31.31