8-KOther Events

SIMON PROPERTY GROUP INC. 8-K Report (Nov 14, 2001)

Filed November 14, 2001For Securities:SPGSPG-PJ

Summary

This Form 8-K filing by Simon Property Group, Inc. (SPG) on November 13, 2001, primarily serves to announce and provide access to supplemental financial and operational information for the quarter ended September 30, 2001. The company released its earnings for the period and held a conference call to discuss these results and other related matters. Investors seeking to understand SPG's performance beyond the standard press release can access detailed data, including financial reconciliations, portfolio metrics, lease expirations, and debt information. The filing highlights the availability of a 'Supplemental Information' package, which includes a comprehensive overview of the company's ownership structure, Funds from Operations (FFO) reconciliation, portfolio data (GLA, occupancy, rent), lease expiration schedules, debt maturity profiles, and capital expenditure details. This level of disclosure is crucial for investors to conduct thorough due diligence and assess the company's operational health and financial stability.

Key Highlights

  • 1Simon Property Group (SPG) filed a Form 8-K on November 13, 2001, reporting on events from November 7, 2001.
  • 2The filing includes a press release and conference call transcript discussing earnings for the quarter ended September 30, 2001.
  • 3A comprehensive 'Supplemental Information' package as of September 30, 2001, is made available.
  • 4This supplemental package provides detailed ownership structure, FFO reconciliation, and portfolio data (GLA, occupancy, rent).
  • 5Investors can review lease expiration schedules and debt amortization/maturities by year.
  • 6Information on new development, renovation/expansion activities, and capital expenditures is also included.
  • 7Stephen E. Sterrett, Executive Vice President and Chief Financial Officer, signed the report.

Frequently Asked Questions

The main purpose of this 8-K filing is to provide investors with additional detailed financial and operational information for the quarter ended September 30, 2001, beyond the standard earnings release. It also includes access to a press release and conference call transcript discussing these results.

The Supplemental Information package provides a wealth of detail, including the company's ownership structure, a reconciliation of income to Funds from Operations (FFO), selected financial data, portfolio metrics such as Gross Leasable Area (GLA), occupancy rates, and rent information. It also covers lease expiration schedules, debt amortization and maturities, development activities, and capital expenditures.

The detailed earnings and operational data is primarily contained within Exhibit 99.1, titled 'Supplemental Information as of September 30, 2001.' This document, along with the earnings release (Exhibit 99.2) and teleconference text (Exhibit 99.3), are attached to this 8-K filing.

The report was signed by Stephen E. Sterrett, who holds the position of Executive Vice President and Chief Financial Officer for Simon Property Group, Inc.