$HST
HOST HOTELS & RESORTS, INC.

2012 Q4 Form 10-Q Financial Statement

#000119312512423397 Filed on October 15, 2012

View on sec.gov

Income Statement

Concept 2012 Q4 2012 Q3 2011 Q3
Revenue $1.644B $1.158B $1.131B
YoY Change 0.61% 2.39% 12.76%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $1.278B $942.0M $913.0M
YoY Change -2.37% 3.18% 7.92%
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $268.0M $153.0M $145.0M
YoY Change 32.02% 5.52% 8.21%
% of Gross Profit
Operating Expenses $1.546B $1.097B $1.058B
YoY Change 2.11% 3.69% 7.96%
Operating Profit
YoY Change
Interest Expense -$91.00M -$91.00M -$90.00M
YoY Change -5.21% 1.11% 1.12%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income $28.00M -$29.00M -$33.00M
YoY Change 3.7% -12.12% -50.0%
Income Tax $21.00M $11.00M $3.000M
% Of Pretax Income 75.0%
Net Earnings $15.00M -$34.00M -$34.00M
YoY Change -11.76% 0.0% -41.38%
Net Earnings / Revenue 0.91% -2.94% -3.01%
Basic Earnings Per Share
Diluted Earnings Per Share $20.67K -$47.14K -$49.71K
COMMON SHARES
Basic Shares Outstanding 724.8M shares 722.6M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2012 Q4 2012 Q3 2011 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $417.0M $254.0M $524.0M
YoY Change -49.52% -51.53% -37.47%
Cash & Equivalents $417.0M $254.0M $524.0M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $497.0M $352.0M $558.0M
YoY Change -42.41% -36.92% -37.79%
LONG-TERM ASSETS
Property, Plant & Equipment $11.59B $11.73B $11.44B
YoY Change 1.8% 2.51% 9.49%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $347.0M $227.0M $171.0M
YoY Change 76.14% 32.75% 25.74%
Other Assets $89.00M $92.00M $80.00M
YoY Change -2.2% 15.0% -34.96%
Total Long-Term Assets $12.50B $12.69B $12.25B
YoY Change 2.21% 3.62% 9.37%
TOTAL ASSETS
Total Short-Term Assets $497.0M $352.0M $558.0M
Total Long-Term Assets $12.50B $12.69B $12.25B
Total Assets $12.99B $13.04B $12.81B
YoY Change -0.73% 1.85% 5.87%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $194.0M $105.0M $173.0M
YoY Change 10.86% -39.31% -7.49%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $194.0M $105.0M $173.0M
YoY Change 10.86% -39.31% -7.49%
LONG-TERM LIABILITIES
Long-Term Debt $5.411B $5.495B $5.488B
YoY Change -5.94% 0.13% 1.18%
Other Long-Term Liabilities $372.0M $341.0M $225.0M
YoY Change 27.84% 51.56% 11.94%
Total Long-Term Liabilities $5.783B $5.836B $5.713B
YoY Change -4.32% 2.15% 1.56%
TOTAL LIABILITIES
Total Short-Term Liabilities $194.0M $105.0M $173.0M
Total Long-Term Liabilities $5.783B $5.836B $5.713B
Total Liabilities $5.977B $6.144B $6.039B
YoY Change -6.8% 1.74% 0.67%
SHAREHOLDERS EQUITY
Retained Earnings -$1.234B
YoY Change
Common Stock $8.047B
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $6.825B $6.898B $6.766B
YoY Change
Total Liabilities & Shareholders Equity $12.99B $13.04B $12.81B
YoY Change -0.73% 1.85% 5.87%

Cashflow Statement

Concept 2012 Q4 2012 Q3 2011 Q3
OPERATING ACTIVITIES
Net Income $15.00M -$34.00M -$34.00M
YoY Change -11.76% 0.0% -41.38%
Depreciation, Depletion And Amortization $268.0M $153.0M $145.0M
YoY Change 32.02% 5.52% 8.21%
Cash From Operating Activities $355.0M $124.0M $128.0M
YoY Change 28.16% -3.13% 17.43%
INVESTING ACTIVITIES
Capital Expenditures -$188.0M -$115.0M -$95.00M
YoY Change -9.18% 21.05% 93.88%
Acquisitions
YoY Change
Other Investing Activities $124.0M -$438.0M $43.00M
YoY Change -559.26% -1118.6% -114.78%
Cash From Investing Activities -$64.00M -$553.0M -$52.00M
YoY Change -72.65% 963.46% -84.71%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -130.0M 219.0M -186.0M
YoY Change -150.19% -217.74% 82.35%
NET CHANGE
Cash From Operating Activities 355.0M 124.0M 128.0M
Cash From Investing Activities -64.00M -553.0M -52.00M
Cash From Financing Activities -130.0M 219.0M -186.0M
Net Change In Cash 161.0M -210.0M -110.0M
YoY Change -46.69% 90.91% -66.97%
FREE CASH FLOW
Cash From Operating Activities $355.0M $124.0M $128.0M
Capital Expenditures -$188.0M -$115.0M -$95.00M
Free Cash Flow $543.0M $239.0M $223.0M
YoY Change 12.19% 7.17% 41.14%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
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CY2012Q3 us-gaap Number Of Units In Real Estate Property
NumberOfUnitsInRealEstateProperty
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CY2012Q3 us-gaap Business Acquisition Purchase Price Allocation Assets Acquired Liabilities Assumed Net
BusinessAcquisitionPurchasePriceAllocationAssetsAcquiredLiabilitiesAssumedNet
417000000
CY2012Q3 us-gaap Number Of Real Estate Properties
NumberOfRealEstateProperties
120 Hotel
CY2012Q3 us-gaap Construction In Progress Gross
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CY2012Q3 us-gaap Fixtures And Equipment Gross
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CY2012Q3 us-gaap Redeemable Noncontrolling Interest Equity Fair Value
RedeemableNoncontrollingInterestEquityFairValue
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CY2012Q3 us-gaap Property Plant And Equipment Net
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CY2012Q3 hst Number Of Partnerships Consolidated
NumberOfPartnershipsConsolidated
5 Entity
CY2012Q3 hst Number Of Partnerships Consolidated With Finite Lives
NumberOfPartnershipsConsolidatedWithFiniteLives
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CY2012Q4 dei Entity Common Stock Shares Outstanding
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CY2011Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
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CY2011Q4 us-gaap Property Plant And Equipment Net
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dei Amendment Flag
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dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
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dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2012
dei Document Type
DocumentType
10-Q
dei Document Period End Date
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2012-09-07
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hst Amounts Attributable To Outside Partners
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hst Number Of Hotels Sold
NumberOfHotelsSold
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dei Trading Symbol
TradingSymbol
HST
dei Entity Registrant Name
EntityRegistrantName
HOST HOTELS & RESORTS, INC.
dei Entity Filer Category
EntityFilerCategory
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dei Entity Central Index Key
EntityCentralIndexKey
0001070750
dei Current Fiscal Year End Date
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hst Number Of Hotels Sold
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