Exhibit 99.1

FOR IMMEDIATE RELEASE

COMPANY CONTACT:		PRESS CONTACT:
Kristina McMenamin		Guy Lawrence
W. P. Carey & Co. LLC		Ross & Lawrence
212-492-8995		212-308-3333
kmcmenamin@wpcarey.com		gblawrence@rosslawpr.com

W. P. Carey Announces Fourth Quarter and Year-End 2010 Financial Results

New York, NY — February 24, 2011 — Investment firm W. P. Carey & Co. LLC (NYSE: WPC) today reported financial results for the fourth quarter and year-ended December 31, 2010.

QUARTERLY AND YEAR-END RESULTS

•

Funds from operations—as adjusted (AFFO) for the fourth quarter of 2010 was $36.3 million or $0.90 per diluted share, compared to $33.7 million or $0.83 per diluted share for the fourth quarter of 2009. AFFO for the year ended December 31, 2010 was $130.9 million or $3.27 per diluted share, compared to $122.9 million or $3.09 per diluted share for 2009.

•

Cash flow from operating activities for the year ended December 31, 2010 was $86.4 million, compared to $74.5 million for 2009, while adjusted cash flow from operating activities was $88.6 million for 2010, compared to $93.9 million for 2009.

•

Total revenues net of reimbursed expenses for the fourth quarter of 2010 were $68.3 million, compared to $48.5 million for the fourth quarter of 2009. Total revenues net of reimbursed expenses for the year ended December 31, 2010 were $213.9 million, compared to $184.8 million in 2009. Reimbursed expenses are excluded from total revenues because they have no impact on net income.

•

Net Income for the fourth quarter of 2010 was $19.8 million, compared to $23 million for the same period in 2009. For the year ended December 31, 2010, net income was $74 million, compared to $69 million for 2009. Results from operations in our investment management segment were significantly higher in 2010, primarily due to a higher volume of investments structured on behalf of the CPA® REITs and lower impairment charges recognized by the CPA® REITs.

•

For the year ended December 31, 2010, we received approximately $16.6 million in cash distributions from our equity ownership in the CPA® REITs.

•

Further information concerning AFFO and adjusted cash flow from operating activities—non-GAAP supplemental performance metrics—is presented in the accompanying tables and related notes.

INVESTMENT ACTIVITY

•

Investment volume for the year ended December 31, 2010 on behalf of the CPA® REITs and for our own portfolio totaled approximately $1.1 billion, or double last year’s volume of approximately $548 million. International investments comprised 43% of total investments during 2010, compared to 36% in 2009, and we expect that international transactions will continue to form a significant portion of the investments we structure.

•

We closed approximately $593 million in investments on behalf of the CPA® REITs in the fourth quarter of 2010. These investments involved forty-seven facilities containing approximately five million square feet in the U.S., Canada, Croatia, China and Spain.

FUNDRAISING ACTIVITY

•

We continue to raise investor capital through our latest CPA® REIT offering, CPA®:17 — Global, so that we may take advantage of attractive investment opportunities that we believe are afforded by the current market environment. To date, CPA®:17 — Global has raised more than $1.4 billion in its initial offering. CPA®:17 — Global has filed a registration statement with the SEC for a follow-on offering of up to an additional $1 billion of common stock.

•

Carey Watermark Investors commenced its initial public offering of up to $1 billion of common stock, the proceeds of which will be used to acquire interests in lodging and lodging-related properties.

ASSETS UNDER MANAGEMENT

•

W. P. Carey is the advisor to the CPA® REITs, which had real estate assets of $8.5 billion and total assets of $8.8 billion as of December 31, 2010.

•

As of December 31, 2010, the occupancy rate of W. P. Carey’s 14 million square foot owned portfolio was approximately 89%. In addition, for the 99 million square feet owned by the CPA® REITs, the average occupancy rate was approximately 97%.

PROPOSED MERGER OF CPA^®:14 and CPA^®:16 — GLOBAL

•

As previously disclosed, on December 13, 2010 two of the CPA® REITs we manage, CPA®:14 and CPA®:16 — Global, entered into a definitive agreement pursuant to which CPA®:14 will merge with and into a subsidiary of CPA®:16 — Global, subject to shareholder approval and other closing conditions. If the merger is approved and the other closing conditions are satisfied, we currently expect that the closing will occur in the second quarter of 2011, although there can be no assurance of such timing.

DISTRIBUTIONS

•

The Board of Directors raised the quarterly cash distribution to $0.510 per share for the fourth quarter of 2010. The distribution—our 39th consecutive quarterly increase—was paid on January 14, 2011 to shareholders of record as of December 31, 2010.

Commenting on the 2010 results, W. P. Carey President and CEO Trevor Bond noted, “With more than $1 billion in transactions completed and record fundraising of nearly $600 million, 2010 was one of our most successful years. These acquisitions have added to the geographic and industry diversity of our portfolios, and we believe we can build on this momentum in 2011. Although we’re seeing new competitors entering the net lease market, we believe that our leading position in the sector combined with our seasoned acquisitions, asset management and capital-raising teams will allow us to source and execute on opportunities and maintain the risk-return profile that has been the hallmark of our CPA^® programs. As global economics improve, we believe the demand for long-term capital to fund corporate growth and expansion will continue and that we are well positioned to grow and expand our own business in this environment.”

CONFERENCE CALL & WEBCAST

Please call at least 10 minutes prior to call to register.

Time: Thursday, February 24, 2011 at 11:00 AM (ET)

Call-in Number: 800-860-2442
(International) +1-412-858-4600

Webcast: www.wpcarey.com/earnings

Podcast: www.wpcarey.com/podcast
Available after 2:00 PM (ET)

Replay Number: 877-344-7529

(International) +1-412-317-0088

Replay Passcode: 448255#
Replay Available until March 11, 2011 at 9:00 AM (ET).

W. P. Carey & Co. LLC

W. P. Carey & Co. LLC (NYSE: WPC) is an investment management company that provides long-term financing to companies worldwide via sale leaseback and build to suit transactions and manages a global investment portfolio of approximately $10.5 billion. Through its CPA^® series of income-generating, non-traded REITs, W. P. Carey helps companies and private equity firms unlock capital tied up in real estate assets. The W. P. Carey Group’s investments are highly diversified, comprising contractual agreements with approximately 275 long-term corporate obligors spanning 28 industries and 17 countries. http://www.wpcarey.com

Individuals interested in receiving future updates on W. P. Carey via e-mail can register at www.wpcarey.com/alerts.

This press release contains forward-looking statements within the meaning of the Federal securities laws. A number of factors could cause the Company’s actual results, performance or achievement to differ materially from those anticipated. Among those risks, trends and uncertainties are the general economic climate; the supply of and demand for office and industrial properties; interest rate levels; the availability of financing; and other risks associated with the acquisition and ownership of properties, including risks that the tenants will not pay rent, or that costs may be greater than anticipated. For further information on factors that could impact the Company, reference is made to the Company’s filings with the Securities and Exchange Commission.

W. P. CAREY & CO. LLC
CONSOLIDATED STATEMENTS OF INCOME
(in thousands, except share and per share amounts)

		Years ended December 31,
		2010				2009				2008
Revenues
Asset management revenue		$	76,246			$	76,621			$	80,714
Structuring revenue			44,525				23,273				20,236
Wholesaling revenue			11,096				7,691				5,208
Reimbursed costs from affiliates			60,023				47,534				41,100
Lease revenues			63,450				62,324				66,784
Other real estate income			18,570				14,907				20,658
			273,910				232,350				234,700
Operating Expenses
General and administrative			(73,429	)			(63,819	)			(62,669	)
Reimbursable costs			(60,023	)			(47,534	)			(41,100	)
Depreciation and amortization			(23,969	)			(22,438	)			(23,082	)
Property expenses			(10,888	)			(7,113	)			(6,496	)
Other real estate expenses			(8,121	)			(7,308	)			(8,196	)
Impairment charges			(9,512	)			(3,516	)			(473	)
			(185,942	)			(151,728	)			(142,016	)
Other Income and Expenses
Other interest income			1,268				1,713				2,883
Income from equity investments in real estate and CPA® REITs			30,992				13,425				14,198
Gain on sale of investment in direct financing lease			—				—				1,103
Other income and (expenses)			1,407				7,357				1,444
Interest expense			(16,234	)			(14,979	)			(18,598	)
			17,433				7,516				1,030
Income from continuing operations before income taxes			105,401				88,138				93,714
Provision for income taxes			(25,822	)			(22,793	)			(23,521	)
Income from continuing operations			79,579				65,345				70,193
Discontinued Operations
Income from operations of discontinued properties			781				4,430				8,950
Gains on sale of real estate, net			460				7,701				—
Impairment charges			(5,869	)			(6,908	)			(538	)
(Loss) income from discontinued operations			(4,628	)			5,223				8,412
Net Income			74,951				70,568				78,605
Add: Net loss attributable to noncontrolling interests			314				713				950
Less: Net income attributable to redeemable noncontrolling interests			(1,293	)			(2,258	)			(1,508	)
Net Income Attributable to W. P. Carey Members		$	73,972			$	69,023			$	78,047
Basic Earnings Per Share
Income from continuing operations attributable to W. P. Carey members		$	1.98			$	1.61			$	1.77
(Loss) income from discontinued operations attributable to W. P. Carey members			(0.12	)			0.13				0.21
Net income attributable to W. P. Carey members		$	1.86			$	1.74			$	1.98
Diluted Earnings Per Share
Income from continuing operations attributable to W. P. Carey members		$	1.98			$	1.61			$	1.74
(Loss) income from discontinued operations attributable to W. P. Carey members			(0.12	)			0.13				0.21
Net income attributable to W. P. Carey members		$	1.86			$	1.74			$	1.95
Weighted Average Shares Outstanding
Basic			39,514,746				39,019,709				39,202,520
Diluted			40,007,894				39,712,735				40,221,112
Amounts Attributable to W. P. Carey Members
Income from continuing operations, net of tax		$	78,600			$	63,800			$	69,635
(Loss) income from discontinued operations, net of tax			(4,628	)			5,223				8,412
Net income		$	73,972			$	69,023			$	78,047

W. P. CAREY & CO. LLC
CONSOLIDATED STATEMENTS OF CASH FLOWS
(in thousands)

		Years ended December 31,
		2010				2009				2008
Cash Flows — Operating Activities
Net income		$	74,951			$	70,568			$	78,605
Adjustments to net income:
Depreciation and amortization including intangible assets and deferred financing costs			24,443				24,476				27,197
(Income) loss from equity investments in real estate and CPA® REITs in excess of distributions received			(4,920	)			(2,258	)			1,866
Straight-line rent and financing lease adjustments			286				2,223				2,227
Gain on sale of real estate and investment in direct financing lease			(460	)			(7,701	)			(1,103	)
Gain on extinguishment of debt			—				(6,991	)			—
Gain on lease termination			—				—				(4,998	)
Allocation of (loss) earnings to profit-sharing interest			(781	)			3,900				—
Management income received in shares of affiliates			(35,235	)			(31,721	)			(40,717	)
Unrealized loss (gain) on foreign currency transactions and others			300				(174	)			2,656
Realized gain on foreign currency transactions and others			(731	)			(257	)			(2,250	)
Impairment charges			15,381				10,424				1,011
Stock-based compensation expense			7,082				9,336				7,278
Deferred acquisition revenue received			21,204				25,068				48,266
Increase in structuring revenue receivable			(20,237	)			(11,672	)			(10,512	)
Decrease in income taxes, net			(1,288	)			(9,276	)			(8,079	)
Decrease in settlement provision			—				—				(29,979	)
Net changes in other operating assets and liabilities			6,422				(1,401	)			(8,221	)
Net cash provided by operating activities			86,417				74,544				63,247
Cash Flows — Investing Activities
Distributions received from equity investments in real estate and CPA® REITs in excess of equity income			18,758				39,102				19,852
Capital contributions to equity investments			—				(2,872	)			(1,769	)
Purchases of real estate and equity investments in real estate			(96,884	)			(39,632	)			(201	)
VAT paid in connection with acquisition of real estate			(4,222	)			—				—
VAT refunded in connection with acquisition of real estate			—				—				3,189
Capital expenditures			(5,135	)			(7,775	)			(14,051	)
Proceeds from sale of real estate, net investment in direct financing lease and securities			14,591				43,487				5,062
Funds placed in escrow in connection with the sale of property			(1,571	)			(36,132	)			—
Funds released from escrow in connection with the sale of property			36,620				—				636
Proceeds from transfer of profit-sharing interest			—				21,928				—
Payment of deferred acquisition revenue to affiliate			—				—				(120	)
Net cash (used in) provided by investing activities			(37,843	)			18,106				12,598
Cash Flows — Financing Activities
Distributions paid			(92,591	)			(78,618	)			(87,700	)
Contributions from noncontrolling interests			14,261				2,947				2,582
Distributions to noncontrolling interests			(4,360	)			(5,505	)			(5,607	)
Contributions from profit-sharing interest			3,694				—				—
Distributions to profit-sharing interest			(693	)			(5,645	)			—
Purchase of noncontrolling interest			—				(15,380	)			—
Scheduled payments of non-recourse debt			(14,324	)			(9,534	)			(9,678	)
Prepayments of non-recourse debt			—				(13,974	)			—
Proceeds from non-recourse debt financing			56,841				42,495				10,137
Proceeds from line of credit			83,250				150,500				129,300
Prepayments of line of credit			(52,500	)			(148,518	)			(111,572	)
Proceeds from loans from affiliates			—				1,625				—
Repayments of loans from affiliates			—				(1,770	)			(7,569	)
Payment of financing costs			(1,204	)			(862	)			(375	)
Funds placed in escrow in connection with financing			—				—				(400	)
Proceeds from issuance of shares			3,724				1,507				23,350
Windfall tax benefits associated with stock-based compensation awards			2,354				143				2,156
Repurchase and retirement of shares			—				(10,686	)			(15,413	)
Net cash used in financing activities			(1,548	)			(91,275	)			(70,789	)
Change in Cash and Cash Equivalents During the Year
Effect of exchange rate changes on cash			(783	)			276				(394	)
Net increase in cash and cash equivalents			46,243				1,651				4,662
Cash and cash equivalents, beginning of year			18,450				16,799				12,137
Cash and cash equivalents, end of year		$	64,693			$	18,450			$	16,799

W. P. CAREY & CO. LLC

Financial Highlights (Unaudited)
(in thousands, except share and per share amounts)

These financial highlights include non-GAAP financial measures, including earnings before interest, taxes, depreciation and amortization (“EBITDA”), funds from operations — as adjusted (“AFFO”) and adjusted cash flow from operating activities. A description of these non-GAAP financial measures and reconciliations to the most directly comparable GAAP measures is provided on the following pages.

		Three months ended December 31,												Years ended December 31,
		2010				2009				2008				2010				2009				2008
EBITDA
Investment management		$	31,055			$	18,892			$	13,079			$	80,366			$	54,179			$	61,805
Real estate ownership			10,679				20,883				23,238				60,123				77,674				84,408
Total		$	41,734			$	39,775			$	36,317			$	140,489			$	131,853			$	146,213
AFFO
Investment management		$	23,511			$	16,802			$	11,415			$	68,663			$	55,550			$	49,119
Real estate ownership			12,766				16,871				22,412				62,207				67,326				75,331
Total		$	36,277			$	33,673			$	33,827			$	130,870			$	122,876			$	124,450
EBITDA Per Share (Diluted)
Investment management		$	0.77			$	0.47			$	0.32			$	2.01			$	1.36			$	1.54
Real estate ownership			0.27				0.52				0.58				1.50				1.96				2.10
Total		$	1.04			$	0.99			$	0.90			$	3.51			$	3.32			$	3.64
AFFO Per Share (Diluted)
Investment management		$	0.58			$	0.41			$	0.28			$	1.72			$	1.39			$	1.22
Real estate ownership			0.32				0.42				0.56				1.55				1.70				1.87
Total		$	0.90			$	0.83			$	0.84			$	3.27			$	3.09			$	3.09
Adjusted Cash Flow From Operating Activities
Adjusted cash flow														$	88,634			$	93,880			$	89,385
Adjusted cash flow per share (diluted)														$	2.22			$	2.36			$	2.22
Distributions declared per share														$	2.028			$	1.996			$	1.955
Payout ratio (distributions per share/adjusted cash flow per share)															91	%			85	%			88	%

W. P. CAREY & CO. LLC
Reconciliation of Net Income to EBITDA (Unaudited)
(in thousands, except share and per share amounts)

		Three months ended December 31,												Years ended December 31,
		2010				2009				2008				2010				2009				2008
Investment Management
Net income from investment management attributable to W. P. Carey members		$	18,751			$	11,616			$	9,603			$	50,662			$	29,334			$	34,858
Adjustments:
Provision for income taxes			11,141				6,227				2,246				25,052				21,038				22,432
Depreciation and amortization			1,163				1,049				1,230				4,652				3,807				4,515
EBITDA — investment management		$	31,055			$	18,892			$	13,079			$	80,366			$	54,179			$	61,805
EBITDA per share (diluted)		$	0.77			$	0.47			$	0.32			$	2.01			$	1.36			$	1.54
Real Estate Ownership
Net income from real estate ownership attributable to W. P. Carey members		$	1,030			$	11,370			$	12,297			$	23,310			$	39,689			$	43,189
Adjustments:
Interest expense			4,460				3,734				4,019				16,234				14,979				18,598
Provision for income taxes			441				628				870				770				1,755				1,089
Depreciation and amortization			4,748				4,594				3,392				19,317				18,631				18,567
Reconciling items attributable to discontinued operations			—				557				2,660				492				2,620				2,965
EBITDA — real estate ownership		$	10,679			$	20,883			$	23,238			$	60,123			$	77,674			$	84,408
EBITDA per share (diluted)		$	0.27			$	0.52			$	0.58			$	1.50			$	1.96			$	2.10
Total Company
EBITDA		$	41,734			$	39,775			$	36,317			$	140,489			$	131,853			$	146,213
EBITDA per share (diluted)		$	1.04			$	0.99			$	0.90			$	3.51			$	3.32			$	3.64
Diluted weighted average shares outstanding			40,104,715				40,390,393				40,466,930				40,007,894				39,712,735				40,221,112

Non-GAAP Financial Disclosure

EBITDA as disclosed represents earnings before interest, taxes, depreciation and amortization. We believe that EBITDA is a useful supplemental measure to investors and analysts for assessing the performance of our business segments, although it does not represent net income that is computed in accordance with GAAP, because it removes the impact of our capital structure and asset base from our operating results and because it is helpful when comparing our operating performance to that of companies in our industry without regard to such items, which can vary substantially from company to company. Accordingly, EBITDA should not be considered as an alternative to net income as an indicator of our financial performance. EBITDA may not be comparable to similarly titled measures of other companies. Therefore, we use EBITDA as one measure of our operating performance when we formulate corporate goals, evaluate the effectiveness of our strategies, and determine executive compensation.

W. P. CAREY & CO. LLC
Reconciliation of Net Income to Funds From Operations — as adjusted (AFFO) (Unaudited)
(in thousands, except share and per share amounts)

		Three months ended December 31,												Years ended December 31,
		2010				2009				2008				2010				2009				2008
Investment Management
Net income from investment management attributable to W. P. Carey members		$	18,751			$	11,616			$	9,603			$	50,662			$	29,334			$	34,858
Amortization, deferred taxes and other non-cash charges			2,275				(3,370	)			(1,283	)			7,305				1,796				2,494
AFFO from equity investments			2,485				8,556				3,095				10,696				24,420				11,767
AFFO — investment management		$	23,511			$	16,802			$	11,415			$	68,663			$	55,550			$	49,119
AFFO per share (diluted)		$	0.58			$	0.41			$	0.28			$	1.72			$	1.39			$	1.22
Real Estate Ownership
Net income from real estate ownership attributable to W. P. Carey members		$	1,030			$	11,370			$	12,297			$	23,310			$	39,689			$	43,189
Gain on sale of direct financing lease			—				—				—				—				—				(1,103	)
Gain on sale of real estate, net			—				(7,358	)			—				(460	)			(7,701	)			—
Gain on extinguishment of debt, net (a)			—				—				—				—				(2,796	)			—
Other gains (losses), net			(755	)			—				—				(755	)			—				—
Depreciation, amortization and other non-cash charges			4,739				4,976				7,594				19,449				19,513				23,308
Straight-line and other rent adjustments			128				465				172				295				1,273				887
Impairment charges			6,763				5,754				473				15,381				10,424				1,011
AFFO from equity investments			1,018				1,818				2,039				5,598				7,505				8,718
Noncontrolling interests’ share of AFFO			(157	)			(154	)			(163	)			(611	)			(581	)			(679	)
AFFO — real estate ownership		$	12,766			$	16,871			$	22,412			$	62,207			$	67,326			$	75,331
AFFO per share (diluted)		$	0.32			$	0.42			$	0.56			$	1.55			$	1.70			$	1.87
Total Company
AFFO		$	36,277			$	33,673			$	33,827			$	130,870			$	122,876			$	124,450
AFFO per share (diluted)		$	0.90			$	0.83			$	0.84			$	3.27			$	3.09			$	3.09
Diluted weighted average shares outstanding			40,104,715				40,390,393				40,466,930				40,007,894				39,712,735				40,221,112

Non-GAAP Financial Disclosure

Funds from operations (FFO) is a non-GAAP financial measure that is commonly used by investors and analysts in evaluating real estate companies. Although the National Association of Real Estate Investment Trusts (NAREIT) has published a definition of FFO, real estate companies often modify this definition as they seek to provide financial measures that meaningfully reflect their operations. FFO or funds from operations — as adjusted (AFFO) should not be considered as an alternative to net income as an indication of a company’s operating performance or to cash flow from operating activities as a measure of its liquidity but should be used in conjunction with GAAP net income. FFO or AFFO disclosed by other REITs may not be comparable to our AFFO calculation.

NAREIT’s definition of FFO adjusts GAAP net income to exclude depreciation and gains/losses from the sales of properties and adjusts for FFO applicable to unconsolidated partnerships and joint ventures. We calculate AFFO in accordance with this definition and then include other adjustments to GAAP net income to adjust for certain non-cash charges such as amortization of intangibles, deferred income tax benefits and expenses, straight-line rents, stock compensation, impairment charges on real estate and unrealized foreign currency exchange gains and losses. We exclude these items from GAAP net income as they are not the primary drivers in our decision making process. Our assessment of our operations is focused on long-term sustainability and not on such non-cash items, which may cause short-term fluctuations in net income but that have no impact on cash flows, and we therefore use AFFO as one measure of our operating performance when we formulate corporate goals, evaluate the effectiveness of our strategies, and determine executive compensation. As a result, we believe that AFFO is a useful supplemental measure for investors to consider because it will help them to better understand and measure the performance of our business over time without the potentially distorting impact of these short-term fluctuations.

W. P. CAREY & CO. LLC
Adjusted Cash Flow from Operating Activities (Unaudited)
(in thousands, except share and per share amounts)

		Years ended December 31,
		2010				2009				2008
Cash flow from operating activities		$	86,417			$	74,544			$	63,247
Adjustments:
Distributions received from equity investments in real estate in excess of equity income (a)			9,253				18,503				10,868
Distributions paid to noncontrolling interests, net (b)			(614	)			(568	)			(3,025	)
Changes in working capital (c)			(6,422	)			1,401				9,574
Settlement payment (d)			—				—				21,012
CPA®:16 — Global performance adjustment, net (e)			—				—				(12,291	)
Adjusted cash flow from operating activities		$	88,634			$	93,880			$	89,385
Adjusted cash flow per share (diluted)		$	2.22			$	2.36			$	2.22
Distributions declared per share		$	2.028			$	1.996			$	1.955
Payout ratio (distributions per share/adjusted cash flow per share)			91	%			85	%			88	%
Diluted weighted average shares outstanding			40,007,894				39,712,735				40,221,112

Non-GAAP Financial Disclosure

Adjusted cash flow from operating activities refers to our cash provided by operating activities, as determined in accordance with GAAP, adjusted primarily to reflect timing differences between the period an expense is incurred and paid, to add cash distributions that we receive from our investments in unconsolidated real estate joint ventures in excess of our equity investment in the joint ventures, and to subtract cash distributions that we make to our noncontrolling partners in real estate joint ventures that we consolidate. We hold a number of interests in real estate joint ventures, and we believe that adjusting our GAAP cash provided by operating activities to reflect these actual cash receipts and cash payments may give investors a more accurate picture of our actual cash flow than GAAP cash provided by operating activities alone and that it is a useful supplemental measure for investors to consider. We also believe that adjusted cash flow from operating activities is a useful supplemental measure for assessing the cash flow generated from our core operations, and we use this measure when evaluating distributions to shareholders and as one measure of our operating performance when we determine executive compensation. Adjusted cash flow from operating activities should not be considered as an alternative to cash provided by operating activities computed on a GAAP basis as a measure of our liquidity. Adjusted cash flow from operating activities may not be comparable to similarly titled measures of other companies.