2013 Q1 Form 10-Q Financial Statement
#000119312513204733 Filed on May 07, 2013
Income Statement
| Concept | 2013 Q1 | 2012 Q1 |
|---|---|---|
| Revenue | $1.255B | $952.0M |
| YoY Change | 31.83% | 6.61% |
| Cost Of Revenue | ||
| YoY Change | ||
| Gross Profit | ||
| YoY Change | ||
| Gross Profit Margin | ||
| Selling, General & Admin | $961.0M | $780.0M |
| YoY Change | 23.21% | 3.17% |
| % of Gross Profit | ||
| Research & Development | ||
| YoY Change | ||
| % of Gross Profit | ||
| Depreciation & Amortization | $173.0M | $149.0M |
| YoY Change | 16.11% | 5.67% |
| % of Gross Profit | ||
| Operating Expenses | $1.134B | $928.0M |
| YoY Change | 22.2% | 3.57% |
| Operating Profit | $90.00M | |
| YoY Change | ||
| Interest Expense | $76.00M | -$85.00M |
| YoY Change | -189.41% | 7.59% |
| % of Operating Profit | 84.44% | |
| Other Income/Expense, Net | ||
| YoY Change | ||
| Pretax Income | $27.00M | -$68.00M |
| YoY Change | -139.71% | -15.0% |
| Income Tax | -$7.000M | -$13.00M |
| % Of Pretax Income | -25.93% | |
| Net Earnings | $56.00M | -$2.000M |
| YoY Change | -2900.0% | -96.67% |
| Net Earnings / Revenue | 4.46% | -0.21% |
| Basic Earnings Per Share | $0.08 | |
| Diluted Earnings Per Share | $0.08 | -$2.845K |
| COMMON SHARES | ||
| Basic Shares Outstanding | 728.2M | |
| Diluted Shares Outstanding | 738.6M |
Balance Sheet
| Concept | 2013 Q1 | 2012 Q1 |
|---|---|---|
| SHORT-TERM ASSETS | ||
| Cash & Short-Term Investments | $1.075B | $1.312B |
| YoY Change | -18.06% | 751.95% |
| Cash & Equivalents | $1.075B | $1.312B |
| Short-Term Investments | ||
| Other Short-Term Assets | ||
| YoY Change | ||
| Inventory | ||
| Prepaid Expenses | ||
| Receivables | ||
| Other Receivables | ||
| Total Short-Term Assets | $1.171B | $1.366B |
| YoY Change | -14.28% | 556.73% |
| LONG-TERM ASSETS | ||
| Property, Plant & Equipment | $11.28B | $11.34B |
| YoY Change | -0.5% | -1.25% |
| Goodwill | ||
| YoY Change | ||
| Intangibles | ||
| YoY Change | ||
| Long-Term Investments | $337.0M | $217.0M |
| YoY Change | 55.3% | 37.34% |
| Other Assets | $88.00M | $90.00M |
| YoY Change | -2.22% | 9.76% |
| Total Long-Term Assets | $12.17B | $12.22B |
| YoY Change | -0.45% | -0.52% |
| TOTAL ASSETS | ||
| Total Short-Term Assets | $1.171B | $1.366B |
| Total Long-Term Assets | $12.17B | $12.22B |
| Total Assets | $13.34B | $13.59B |
| YoY Change | -1.84% | 8.76% |
| SHORT-TERM LIABILITIES | ||
| YoY Change | ||
| Accounts Payable | $165.0M | $152.0M |
| YoY Change | 8.55% | -8.43% |
| Accrued Expenses | ||
| YoY Change | ||
| Deferred Revenue | ||
| YoY Change | ||
| Short-Term Debt | $0.00 | $0.00 |
| YoY Change | ||
| Long-Term Debt Due | ||
| YoY Change | ||
| Total Short-Term Liabilities | $165.0M | $152.0M |
| YoY Change | 8.55% | -8.43% |
| LONG-TERM LIABILITIES | ||
| Long-Term Debt | $5.534B | $6.137B |
| YoY Change | -9.83% | 10.82% |
| Other Long-Term Liabilities | $353.0M | $267.0M |
| YoY Change | 32.21% | 25.35% |
| Total Long-Term Liabilities | $5.887B | $6.404B |
| YoY Change | -8.07% | 11.35% |
| TOTAL LIABILITIES | ||
| Total Short-Term Liabilities | $165.0M | $152.0M |
| Total Long-Term Liabilities | $5.887B | $6.404B |
| Total Liabilities | $6.266B | $6.765B |
| YoY Change | -7.38% | 10.18% |
| SHAREHOLDERS EQUITY | ||
| Retained Earnings | ||
| YoY Change | ||
| Common Stock | ||
| YoY Change | ||
| Preferred Stock | ||
| YoY Change | ||
| Treasury Stock (at cost) | ||
| YoY Change | ||
| Treasury Stock Shares | ||
| Shareholders Equity | $7.071B | $6.822B |
| YoY Change | ||
| Total Liabilities & Shareholders Equity | $13.34B | $13.59B |
| YoY Change | -1.84% | 8.76% |
Cashflow Statement
| Concept | 2013 Q1 | 2012 Q1 |
|---|---|---|
| OPERATING ACTIVITIES | ||
| Net Income | $56.00M | -$2.000M |
| YoY Change | -2900.0% | -96.67% |
| Depreciation, Depletion And Amortization | $173.0M | $149.0M |
| YoY Change | 16.11% | 5.67% |
| Cash From Operating Activities | $176.0M | $73.00M |
| YoY Change | 141.1% | 97.3% |
| INVESTING ACTIVITIES | ||
| Capital Expenditures | -$128.0M | -$162.0M |
| YoY Change | -20.99% | 72.34% |
| Acquisitions | ||
| YoY Change | ||
| Other Investing Activities | $275.0M | $70.00M |
| YoY Change | 292.86% | -106.7% |
| Cash From Investing Activities | $147.0M | -$92.00M |
| YoY Change | -259.78% | -91.92% |
| FINANCING ACTIVITIES | ||
| Cash Dividend Paid | ||
| YoY Change | ||
| Common Stock Issuance & Retirement, Net | $103.0M | |
| YoY Change | ||
| Debt Paid & Issued, Net | $1.000M | |
| YoY Change | ||
| Cash From Financing Activities | 334.0M | 505.0M |
| YoY Change | -33.86% | 255.63% |
| NET CHANGE | ||
| Cash From Operating Activities | 176.0M | 73.00M |
| Cash From Investing Activities | 147.0M | -92.00M |
| Cash From Financing Activities | 334.0M | 505.0M |
| Net Change In Cash | 657.0M | 486.0M |
| YoY Change | 35.19% | -150.68% |
| FREE CASH FLOW | ||
| Cash From Operating Activities | $176.0M | $73.00M |
| Capital Expenditures | -$128.0M | -$162.0M |
| Free Cash Flow | $304.0M | $235.0M |
| YoY Change | 29.36% | 79.39% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2013Q2 | dei |
Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
|
744725044 | shares |
| CY2013Q1 | us-gaap |
Buildings And Improvements Gross
BuildingsAndImprovementsGross
|
13409000000 | |
| CY2013Q1 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
17791000000 | |
| CY2013Q1 | us-gaap |
Number Of Real Estate Properties
NumberOfRealEstateProperties
|
118 | Hotel |
| CY2013Q1 | us-gaap |
Construction In Progress Gross
ConstructionInProgressGross
|
191000000 | |
| CY2013Q1 | us-gaap |
Fixtures And Equipment Gross
FixturesAndEquipmentGross
|
2210000000 | |
| CY2013Q1 | us-gaap |
Redeemable Noncontrolling Interest Equity Fair Value
RedeemableNoncontrollingInterestEquityFairValue
|
71000000 | |
| CY2013Q1 | us-gaap |
Number Of Foreign Currency Derivatives Held
NumberOfForeignCurrencyDerivativesHeld
|
6 | Contract |
| CY2013Q1 | us-gaap |
Minority Interest
MinorityInterest
|
39000000 | |
| CY2013Q1 | us-gaap |
Line Of Credit Facility Remaining Borrowing Capacity
LineOfCreditFacilityRemainingBorrowingCapacity
|
842000000 | |
| CY2013Q1 | us-gaap |
Land
Land
|
1981000000 | |
| CY2013Q1 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
6507000000 | |
| CY2013Q1 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
11284000000 | |
| CY2013Q1 | hst |
Operating Partnership Units Conversion Rate
OperatingPartnershipUnitsConversionRate
|
1.021494 | shares |
| CY2013Q1 | hst |
Number Of Partnerships Consolidated
NumberOfPartnershipsConsolidated
|
5 | Entity |
| CY2013Q1 | hst |
Number Of Partnerships Consolidated With Finite Lives
NumberOfPartnershipsConsolidatedWithFiniteLives
|
3 | Entity |
| CY2012Q4 | us-gaap |
Buildings And Improvements Gross
BuildingsAndImprovementsGross
|
13665000000 | |
| CY2012Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
18087000000 | |
| CY2012Q4 | us-gaap |
Construction In Progress Gross
ConstructionInProgressGross
|
199000000 | |
| CY2012Q4 | us-gaap |
Fixtures And Equipment Gross
FixturesAndEquipmentGross
|
2227000000 | |
| CY2012Q4 | us-gaap |
Redeemable Noncontrolling Interest Equity Fair Value
RedeemableNoncontrollingInterestEquityFairValue
|
65000000 | |
| CY2012Q4 | us-gaap |
Minority Interest
MinorityInterest
|
34000000 | |
| CY2012Q4 | us-gaap |
Land
Land
|
1996000000 | |
| CY2012Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
6499000000 | |
| CY2012Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
11588000000 | |
| CY2012 | hst |
Number Of Hotels Sold
NumberOfHotelsSold
|
3 | Hotel |
| CY2012Q1 | us-gaap |
Discontinued Operation Income Loss From Discontinued Operation Before Income Tax
DiscontinuedOperationIncomeLossFromDiscontinuedOperationBeforeIncomeTax
|
7000000 | |
| CY2012Q1 | us-gaap |
Disposal Group Including Discontinued Operation Revenue
DisposalGroupIncludingDiscontinuedOperationRevenue
|
44000000 | |
| CY2012Q1 | us-gaap |
Discontinued Operation Gain Loss On Disposal Of Discontinued Operation Net Of Tax
DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax
|
48000000 | |
| CY2012Q1 | us-gaap |
Revenues
Revenues
|
952000000 | |
| CY2012Q1 | hst |
Amounts Attributable To Noncontrolling Interest Of Outside Partnerships
AmountsAttributableToNoncontrollingInterestOfOutsidePartnerships
|
2000000 | |
| CY2012Q1 | hst |
Amounts Attributable To Outside Partners
AmountsAttributableToOutsidePartners
|
0 | |
| CY2013Q1 | dei |
Trading Symbol
TradingSymbol
|
HST | |
| CY2013Q1 | dei |
Entity Registrant Name
EntityRegistrantName
|
HOST HOTELS & RESORTS, INC. | |
| CY2013Q1 | dei |
Amendment Flag
AmendmentFlag
|
false | |
| CY2013Q1 | dei |
Entity Filer Category
EntityFilerCategory
|
Large Accelerated Filer | |
| CY2013Q1 | dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
Q1 | |
| CY2013Q1 | dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2013 | |
| CY2013Q1 | dei |
Document Type
DocumentType
|
10-Q | |
| CY2013Q1 | dei |
Document Period End Date
DocumentPeriodEndDate
|
2013-03-31 | |
| CY2013Q1 | dei |
Entity Central Index Key
EntityCentralIndexKey
|
0001070750 | |
| CY2013Q1 | dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--12-31 | |
| CY2013Q1 | us-gaap |
Discontinued Operation Income Loss From Discontinued Operation Before Income Tax
DiscontinuedOperationIncomeLossFromDiscontinuedOperationBeforeIncomeTax
|
11000000 | |
| CY2013Q1 | us-gaap |
Disposal Group Including Discontinued Operation Revenue
DisposalGroupIncludingDiscontinuedOperationRevenue
|
4000000 | |
| CY2013Q1 | us-gaap |
Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
|
100000000 | |
| CY2013Q1 | us-gaap |
Discontinued Operation Gain Loss On Disposal Of Discontinued Operation Net Of Tax
DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax
|
19000000 | |
| CY2013Q1 | us-gaap |
Number Of Operating Segments
NumberOfOperatingSegments
|
1 | Entity |
| CY2013Q1 | us-gaap |
Revenues
Revenues
|
1255000000 | |
| CY2013Q1 | hst |
Amounts Attributable To Noncontrolling Interest Of Outside Partnerships
AmountsAttributableToNoncontrollingInterestOfOutsidePartnerships
|
3000000 | |
| CY2013Q1 | hst |
Amounts Attributable To Outside Partners
AmountsAttributableToOutsidePartners
|
1000000 | |
| CY2013Q1 | hst |
Number Of Hotels Sold
NumberOfHotelsSold
|
1 | Hotel |
