Attached files

file filename
8-K - 8-K - VEREIT, Inc.v331676_8k.htm
EX-99.5 - EXHIBIT 99.5 - VEREIT, Inc.v331676_exhibit99x5.htm
EX-99.4 - EXHIBIT 99.4 - VEREIT, Inc.v331676_exhibit99x4.htm
EX-99.1 - EXHIBIT 99.1 - VEREIT, Inc.v331676_exhibit99x1.htm
EX-99.2 - EXHIBIT 99.2 - VEREIT, Inc.v331676_exhibit99x2.htm
EX-23.1 - EXHIBIT 23.1 - VEREIT, Inc.v331676_exhibit23x1.htm

Summary Financial Statements of FedEx Corporation

Set forth below are summary financial statements of the parent of the lessee of the FedEx properties included in the portfolio of American Realty Capital Properties, Inc. and American Realty Capital Trust III, Inc. on a pro forma basis. FedEx Corporation currently files its financial statements in reports filed with the U.S. Securities and Exchange Commission, and the following summary financial data regarding FedEx Corporation are taken from such filings:

       
  Six Months
Ended
November 30,
2012
(Unaudited)
  Year Ended
(Amounts in Millions)   May 31, 2012
(Audited)
  May 31, 2011
(Audited)
  May 31, 2010
(Audited)
Statements of Operations Data
                                   
Revenues   $ 21,899     $ 42,680     $ 39,304     $ 34,734  
Operating income     1,460       3,186       2,378       1,998  
Net income     897       2,032       1,452       1,894  

       
(Amounts in Millions)   November 30,
2012
(Unaudited)
  May 31,
2012
(Audited)
  May 31,
2011
(Audited)
  May 31,
2010
(Audited)
Consolidated Condensed Balance Sheets
                                   
Total assets   $ 31,312     $ 29,903     $ 27,385     $ 24,902  
Long-term debt     2,241       1,250       1,667       1,668  
Total common stockholders’ investment     15,543       14,727       15,220       13,811