Boardwalk REIT | 2020 Annual & ESG Report

Page 101

2018 Maintenance Capital Expenditures ($000’s, except per Unit amount)

Category

2018 Capital Economic Maintenance Value-added Expenditures Useful Life Capital Capital ($000’s) (Years) Allocation Allocation

Building Exterior, Grounds & Parking

$ 25,390

15.0

7%

93% $

1,694

Hallways & Lobbies

$ 3,213

10.0

10%

90% $

321

Elevators

$ 1,262

10.0

10%

90% $

126

Mechanical & Electrical

$ 5,331

10.0

10%

90% $

533

Other – Information Technology

$ 6,509

5.0

20%

80% $

1,302

Site Equipment & Vehicles

$ 2,103

5.0

20%

80% $

421

Total Common Area

$ 43,808

Paint & General

$ 16,159

4.0

25%

75% $

4,040

Flooring

$ 15,917

8.0

13%

88% $

1,990

Cabinets & Counters

$ 9,886

8.0

13%

88% $

1,236

Appliances

$ 6,305

8.0

13%

88% $

788

Suite Mechanical

$ 2,909

4.0

25%

75% $

727

Furniture, Fixtures & Equipment

$

4.0

25%

75% $

240

Total Suites

$ 52,137

Internal Capital Program

$ 28,841

4.0

25%

75% $

7,210

Subtotal

$ 124,786

Corporate Capital Expenditures Total Capital Expenditures

961

$ 20,628

1,136 $ 125,922

2018 Cash Flow from Investing Activities Improvements to Investment Properties Additions to Property, Plant & Equipment

$ 117,914 8,008 $ 125,922

Apartment Units Standardized Maintenance CAPEX Per Unit

33,424

$

620

$

620

BOARDWALK REIT 2020 ANNUAL & ESG REPORT

99


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