| Year Ended December 31 | 2008 | 2007 | ||
|---|---|---|---|---|
| Revenues | $ | 2,697,051,000 | $ | 2,410,516,000 |
| EBITDA (before minority interest and gains on sale of real estate*) | $ | 1,731,146,000 | $ | 2,074,631,000 |
| Net income | $ | 337,952,000 | $ | 511,729,000 |
| Net income per share—basic | $ | 2.20 | $ | 3.37 |
| Net income per share—diluted | $ | 2.14 | $ | 3.23 |
| Total assets | $ | 21,418,210,000 | $ | 22,478,935,000 |
| Shareholders' equity | $ | 5,664,485,000 | $ | 5,418,099,000 |
| Funds from operations* | $ | 844,568,000 | $ | 966,638,000 |
| Funds from operations per share* | $ | 5.16 | $ | 5.89 |
| EBITDA, adjusted for comparability* | $ | 1,981,481,000 | $ | 1,901,520,000 |
| Funds from Operations adjusted for comparability* | $ | 880,784,000 | $ | 874,663,000 |
| Funds from Operations adjusted for comparability per share* | $ | 5.38 | $ | 5.33 |
*In these financial highlights and in the letter to our shareholders that follows, we present certain non-GAAP measures, including EBITDA before Minority Interest and Gains on Sale of Real Estate, EBITDA, adjusted for comparability, Funds from Operations ("FFO") and Funds from Operations, adjusted for comparability. We have provided reconciliations of these non-GAAP measures to the applicable GAAP measure in the appendix to the Chairman's letter and in the Management's Discussion and Analysis of Financial Condition and Results of Operations.
