Cousins Properties (CUZ) 8-K Unaudited Pro Forma Combined Statement of Operations

Exhibit 99.2

PARKWAY, INC.

UNAUDITED PRO FORMA COMBINED STATEMENT OF OPERATIONS

FOR THE YEAR ENDED DECEMBER 31, 2015

(In thousands, except per share data)

(Unaudited)

Revenues
Income from office properties	$	276,861
Management company income		9,891
Sale of condominium units		11,063
Total revenues		297,815
Expenses
Property operating expenses		119,547
Management company expenses		9,362
Cost of sales - condominium units		11,120
Depreciation and amortization		93,253
General and administrative		12,664
Total expenses		245,946
Operating income		51,869
Other income and expenses
Interest and other income		1
Interest expense		(31,861	)
Income (loss) before income taxes		20,009
Income tax expense		(1,635	)
Net income (loss)		18,374
Net (income) loss attributable to noncontrolling interests		(344	)
Net income (loss) attributable to controlling interests		18,030
Dividends on non-voting preferred stock		(300	)
Net income (loss) attributable to common stockholders		17,730
Weighted average shares outstanding - Basic		404,245
Weighted average shares outstanding - Diluted		412,114
Basic and diluted earnings per share	$	0.04

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