Digital Realty Trust (DLR) 8-K Financial Statements and Supplementary Data

Exhibit 99.2

SELECTED FINANCIAL DATA

The following table sets forth selected consolidated financial and operating data on an historical basis for our company and on a combined historical basis for our company’s Predecessor. The Predecessor is comprised of the real estate activities and holdings of GI Partners related to the properties in our portfolio. We have not presented historical information for our company for periods prior to the consummation of our initial public offering because we did not have any corporate activity until the completion of our initial public offering other than the issuance of shares of common stock in connection with the initial capitalization of our company, and because we believe that a discussion of the results of our company would not be meaningful. The Predecessor’s combined historical financial information includes:

• the wholly owned real estate subsidiaries and majority-owned real estate joint ventures that GI Partners contributed to our operating partnership in connection with our initial public offering;

• an allocation of GI Partners’ line of credit to the extent that borrowings and related interest expense relate to (1) borrowings to fund acquisitions of the properties in our portfolio and (2) borrowings to pay asset management fees paid by GI Partners that were allocated to the properties in our portfolio; and

• an allocation of the asset management fees paid to a related party and incurred by GI Partners, along with an allocation of the liability for any such fees that were unpaid as of December 31, 2003 and an allocation of GI Partners’ general and administrative expenses.

The following data should be read in conjunction with our financial statements and notes thereto included in Exhibit 99.1 to this Current Report on Form 8-K and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” included as Exhibit 99.3 to this Current Report on Form 8-K. Certain prior year amounts have been reclassified to conform to the current year presentation.

The Company and the Company Predecessor

(Amounts in thousands, except per share data)

	The Company									The Predecessor
	Year Ended December 31,						Period from November 3, 2004 to December 31,			Period from January 1, 2004 to November 2,			Year ended December 31,
	2006			2005			2004			2004			2003			2002
	(revised)			(revised)			(revised)			(revised)			(revised)
Statement of Operations Data:
Operating Revenues:
Rental	$	221,371		$	150,072		$	18,753		$	57,112		$	47,343		$	21,203
Tenant reimbursements		50,340			35,720			3,772			11,248			8,488			3,894
Other		365			5,829			—			—			4,283			407
Total operating revenues		272,076			191,621			22,525			68,360			60,114			25,504
Operating Expenses:
Rental property operating and maintenance		59,255			39,257			4,488			10,933			7,855			4,997
Property taxes		26,890			20,189			1,564			5,874			4,330			2,755
Insurance		3,682			2,653			435			1,203			579			83
Depreciation and amortization		86,129			55,702			6,293			18,785			15,100			7,659
General and administrative		20,441			12,615			20,766			199			301			249
Asset management fees to related party		—			—			—			2,655			3,185			3,185
Other		1,111			1,617			57			1,021			2,459			1,249
Total operating expenses		197,508			132,033			33,603			40,670			33,809			20,177
Operating income (loss)		74,568			59,588			(11,078	)		27,690			26,305			5,327
Other Income (Expenses):
Equity in earnings of unconsolidated joint venture		177			—			—			—			—			—
Interest and other income		1,270			1,274			30			69			45			51
Interest expense		(49,595	)		(35,381	)		(5,000	)		(16,768	)		(9,860	)		(5,249	)
Loss from early extinguishment of debt		(527	)		(1,021	)		(283	)		—			—			—
Income (loss) from continuing operations before minority interests		25,893			24,460			(16,331	)		10,991			16,490			129
Minority interests in consolidated joint ventures of continuing operations		—			—			(20	)		14			(149	)		(190	)
Minority interests in continuing operations of operating partnership		(5,113	)		(8,330	)		10,192			—			—			—
Income (loss) from continuing operations		20,780			16,130			(6,159	)		11,005			16,341			(61	)
Income (loss) from discontinued operations before minority interests		18,410			(103	)		(39	)		(302	)		301			—
Minority interests attributable to discontinued operations		(7,798	)		74			29			23			—			—
Income (loss) from discontinued operations		10,612			(29	)		(10	)		(279	)		301			—
Net income (loss)		31,392			16,101			(6,169	)	$	10,726		$	16,642		$	(61	)
Preferred stock dividends		(13,780	)		(10,014	)		—
Net income (loss) available to common stockholders	$	17,612		$	6,087		$	(6,169	)
Per Share Data:
Basic income (loss) per share from continuing operations available to common stockholders	$	0.20		$	0.25		$	(0.30	)
Diluted income (loss) per share from continuing operations available to common stockholders	$	0.19		$	0.25		$	(0.30	)
Cash dividend per common share	$	1.08		$	1.00		$	0.16
Weighted average common shares outstanding:
Basic		36,134,983			23,986,288			20,770,875
Diluted		37,442,192			24,221,732			20,770,875

	The Company									The Predecessor
	December 31,									December 31,
	2006			2005			2004			2003			2002
Balance Sheet Data:
Net investments in real estate	$	1,736,802		$	1,194,106		$	787,412		$	391,737		$	217,009
Total assets		2,186,219			1,529,170			1,013,287			479,698			269,836
Notes payable under line of credit		145,452			181,000			44,000			44,436			53,000
Mortgages and other secured loans		804,686			568,067			475,498			253,429			103,560
Exchangeable senior debentures		172,500			—			—			—			—
Total liabilities		1,338,031			880,228			584,229			328,303			183,524
Minority interests in consolidated joint ventures		—			206			997			3,444			3,135
Minority interests in operating partnership		138,416			262,239			254,862			—			—
Total stockholders’/owner’s equity		709,772			386,497			173,199			147,951			83,177
Total liabilities and stockholders’/owner’s equity	$	2,186,219		$	1,529,170		$	1,013,287		$	479,698		$	269,836
	The Company						The Company and the Predecessor			The Predecessor
	Year Ended December 31, 2006			Year Ended December 31, 2005			Year ended December 31,
							2004			2003			2002
Cash flows from (used in):
Operating activities	$	103,001		$	82,848		$	44,638		$	27,628		$	9,645
Investing activities		(601,788	)		(480,815	)		(371,277	)		(213,905	)		(164,755	)
Financing activities		510,118			404,340			326,022			187,873			158,688