Attached files
| file | filename |
|---|---|
| 10-Q - FORM 10-Q - HOST HOTELS & RESORTS, INC. | d10q.htm |
| EXCEL - IDEA: XBRL DOCUMENT - HOST HOTELS & RESORTS, INC. | Financial_Report.xls |
| EX-32 - EXHIBIT 32 - HOST HOTELS & RESORTS, INC. | dex32.htm |
| EX-31.2 - EXHIBIT 31.2 - HOST HOTELS & RESORTS, INC. | dex312.htm |
| EX-31.1 - EXHIBIT 31.1 - HOST HOTELS & RESORTS, INC. | dex311.htm |
| EX-10.37 - EXHIBIT 10.37 - HOST HOTELS & RESORTS, INC. | dex1037.htm |
Exhibit 12.1
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
AND PREFERRED STOCK DIVIDENDS
(in millions, except ratio amounts)
| Quarter ended | ||||||||
| June 18, 2010 |
June 19, 2009 |
|||||||
| Loss from continuing operations before income taxes |
$ | (78 | ) | $ | (69 | ) | ||
| Add (deduct): |
||||||||
| Fixed charges |
210 | 202 | ||||||
| Capitalized interest |
(1 | ) | (5 | ) | ||||
| Amortization of capitalized interest |
3 | 3 | ||||||
| Equity in (earnings)/losses related to certain 50% or less owned affiliates |
5 | 34 | ||||||
| Distributions from equity investments |
6 | 1 | ||||||
| Dividends on preferred stock |
(4 | ) | (4 | ) | ||||
| Issuance costs of redeemed preferred stock |
(4 | ) | — | |||||
| Adjusted earnings |
$ | 137 | $ | 162 | ||||
| Fixed charges: |
||||||||
| Interest on indebtedness and amortization of deferred financing costs |
$ | 179 | $ | 169 | ||||
| Capitalized interest |
1 | 5 | ||||||
| Dividends on preferred stock |
4 | 4 | ||||||
| Issuance costs of redeemed preferred stock |
4 | — | ||||||
| Portion of rents representative of the interest factor |
22 | 24 | ||||||
| Total fixed charges and preferred stock dividends |
$ | 210 | $ | 202 | ||||
| Deficiency of earnings to fixed charges and preferred stock dividends |
$ | (73 | ) | $ | (40 | ) | ||