10-QPeriod: Q2 FY2004

AVALONBAY COMMUNITIES INC Quarterly Report for Q2 Ended Jun 30, 2004

Filed August 6, 2004For Securities:AVB

Summary

AvalonBay Communities Inc. (AVB) filed its 10-Q for the period ending June 30, 2004, providing investors with an update on its financial performance and position. The report details the company's condensed consolidated financial statements, including balance sheets, statements of operations, and cash flows for the relevant periods. Management's Discussion and Analysis offers insights into the company's financial condition and operational results. Investors should pay close attention to the details within the financial statements and MD&A for a comprehensive understanding of AVB's current standing and future outlook. The filing covers key financial data from the second quarter of 2004, offering comparative figures from 2003. While specific financial figures are not provided in the table of contents, the structure of the report indicates a focus on revenue, expenses, profitability, cash generation, and asset/liability management. The inclusion of market risk disclosures and controls and procedures also contributes to a holistic view of the company's operations and risk management strategies, crucial for informed investment decisions.

Key Highlights

  • 1The report contains unaudited Condensed Consolidated Financial Statements for the three and six months ended June 30, 2004 and 2003.
  • 2Key financial statements include Balance Sheets, Statements of Operations and Other Comprehensive Income, and Cash Flows.
  • 3Management's Discussion and Analysis (MD&A) provides a detailed review of financial condition and results of operations.
  • 4Quantitative and Qualitative Disclosures About Market Risk are presented, offering insights into AVB's exposure to market fluctuations.
  • 5Information on Legal Proceedings, Changes in Securities, and Defaults Upon Senior Securities is included in Part II of the filing.
  • 6The filing includes sections on Controls and Procedures, important for assessing operational integrity.
  • 7Exhibits and Reports on Form 8-K are referenced, potentially containing additional material information.

Frequently Asked Questions

This 10-Q filing provides AvalonBay Communities Inc. (AVB) with an update on its financial performance and condition for the quarterly period ending June 30, 2004. It includes unaudited financial statements and management's analysis of the company's operations, giving investors current information to assess the company's health and performance.

The key financial performance indicators, such as revenue, expenses, and net income, would be detailed within the 'Condensed Consolidated Statements of Operations and Other Comprehensive Income' for the three and six months ended June 30, 2004, and comparative periods. The 'Management's Discussion and Analysis of Financial Condition and Results of Operations' section is also crucial for understanding the drivers behind these figures.

The report includes 'Quantitative and Qualitative Disclosures About Market Risk,' which will outline the company's exposure to various market risks, such as interest rate fluctuations, and how these risks are managed. Specific details would be found within this section of the filing.

Yes, 'Item 1. Legal Proceedings' in Part II of the filing addresses any ongoing or significant legal matters that could impact the company's financial standing or operations. Investors should review this section for potential liabilities or resolutions.