EX-12.2 3 hst-ex122_6.htm EX-12.2 hst-ex122_6.htm

Exhibit 12.2

HOST HOTELS & RESORTS, L.P. AND SUBSIDIARIES

COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

(in millions, except ratio amounts)

 

  

 

Year-to-date ended September 30,

 

 

 

2016

 

 

2015

 

Income from continuing operations before income taxes

 

$

685

 

 

$

413

 

Add (deduct):

 

 

 

 

 

 

 

 

Fixed charges

 

 

138

 

 

 

190

 

Capitalized interest

 

 

(2

)

 

 

(3

)

Amortization of capitalized interest

 

 

6

 

 

 

5

 

Equity in earnings related to equity method investees

 

 

(19

)

 

 

(31

)

Distributions from equity investments

 

 

20

 

 

 

14

 

Adjusted earnings

 

$

828

 

 

$

588

 

Fixed charges:

 

 

 

 

 

 

 

 

Interest on indebtedness and amortization of deferred financing costs

 

$

116

 

 

$

167

 

Capitalized interest

 

 

2

 

 

 

3

 

Portion of rents representative of the interest factor

 

 

20

 

 

 

20

 

Total fixed charges

 

$

138

 

 

$

190

 

Ratio of earnings to fixed charges

 

 

6.0

 

 

 

3.1