-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, ILjg79V1d+sAsPK+ivZNvGNrhhEhx+sA9C3m4gkWf8q9VWKkajMzNNOdtmUVgYxN sZN1j9nrecY1YWs8LiN1sQ== 0000950153-99-001434.txt : 19991117 0000950153-99-001434.hdr.sgml : 19991117 ACCESSION NUMBER: 0000950153-99-001434 CONFORMED SUBMISSION TYPE: 10-Q/A PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19990930 FILED AS OF DATE: 19991116 FILER: COMPANY DATA: COMPANY CONFORMED NAME: STARWOOD HOTEL & RESORTS WORLDWIDE INC CENTRAL INDEX KEY: 0000316206 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE [6500] IRS NUMBER: 521193298 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-Q/A SEC ACT: SEC FILE NUMBER: 001-07959 FILM NUMBER: 99759154 BUSINESS ADDRESS: STREET 1: 777 WESTERCHESTER AVENUE STREET 2: SUITE 400 CITY: WHITE PLAINS STATE: NY ZIP: 10604 BUSINESS PHONE: 9146408100 MAIL ADDRESS: STREET 1: 2231 E CAMELBACK RD. 4TH FL STREET 2: SUITE 4O0 CITY: PHOENOX STATE: AZ ZIP: 85016 FORMER COMPANY: FORMER CONFORMED NAME: STARWOOD LODGING CORP DATE OF NAME CHANGE: 19950215 FORMER COMPANY: FORMER CONFORMED NAME: HOTEL INVESTORS CORP DATE OF NAME CHANGE: 19920703 FILER: COMPANY DATA: COMPANY CONFORMED NAME: STARWOOD HOTELS & RESORTS CENTRAL INDEX KEY: 0000048595 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] IRS NUMBER: 520901263 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-Q/A SEC ACT: SEC FILE NUMBER: 333-73069 FILM NUMBER: 99759155 BUSINESS ADDRESS: STREET 1: 777 WESTCHESTER AVENUE STREET 2: STE 410 CITY: WHITE PLAINS STATE: NY ZIP: 10604 BUSINESS PHONE: 9146408100 MAIL ADDRESS: STREET 1: 2231 E CAMELBACK RD STREET 2: STE 410 CITY: PHOENIX STATE: AZ ZIP: 85016 FORMER COMPANY: FORMER CONFORMED NAME: STARWOOD LODGING TRUST DATE OF NAME CHANGE: 19950215 FORMER COMPANY: FORMER CONFORMED NAME: HOTEL INVESTORS TRUST /MD/ DATE OF NAME CHANGE: 19930506 FORMER COMPANY: FORMER CONFORMED NAME: HOTEL INVESTORS TRUST DATE OF NAME CHANGE: 19920703 10-Q/A 1 10-Q/A 1 - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ------------------------ FORM 10-Q/A [X] QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED SEPTEMBER 30, 1999 OR [ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM TO COMMISSION FILE NUMBER: 1-7959 COMMISSION FILE NUMBER: 1-6828 STARWOOD HOTELS & STARWOOD HOTELS & RESORTS WORLDWIDE, INC. RESORTS (Exact name of Registrant as specified in its (Exact name of Registrant as specified in its charter) charter) MARYLAND MARYLAND (State or other jurisdiction (State or other jurisdiction of incorporation or organization) of incorporation or organization) 52-1193298 52-0901263 (I.R.S. employer identification no.) (I.R.S. employer identification no.) 777 WESTCHESTER AVENUE 777 WESTCHESTER AVENUE WHITE PLAINS, NY 10604 WHITE PLAINS, NY 10604 (Address of principal executive (Address of principal executive offices, including zip code) offices, including zip code) (914) 640-8100 (914) 640-8100 (Registrant's telephone number, (Registrant's telephone number, including area code) including area code)
Indicate by check mark whether the Registrants (1) have filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the Registrants were required to file such reports), and (2) have been subject to such filing requirements for the past 90 days. Yes [X] No [ ] Indicate the number of shares outstanding of each of the issuer's classes of common stock, as of the latest practicable date: 189,185,601 shares of common stock, par value $0.01 per share, of Starwood Hotels & Resorts Worldwide, Inc. attached to and traded together with 189,185,601 Class B shares of beneficial interest, par value $0.01 per share, of Starwood Hotels & Resorts, and 100 Class A shares of beneficial interest, par value $0.01 per share, of Starwood Hotels & Resorts, all outstanding as of October 31, 1999. - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- 2 STARWOOD HOTELS & RESORTS CONSOLIDATED STATEMENTS OF OPERATIONS (IN MILLIONS, EXCEPT PER SHARE DATA) (UNAUDITED)
THREE MONTHS ENDED NINE MONTHS PERIOD FROM SEPTEMBER 30, ENDED FEBRUARY 23, 1998 -------------- SEPTEMBER 30, TO SEPTEMBER 30, 1999 1998 1999 1998 ----- ----- ------------- ----------------- REVENUES Unconsolidated joint ventures and other......... $ -- $ 4 $ 8 $ 5 Rent and interest, Corporation.................. 187 180 552 435 ---- ---- ---- ---- 187 184 560 440 ---- ---- ---- ---- COSTS AND EXPENSES Selling, general and administrative............. -- 6 -- 12 Depreciation and amortization................... 43 35 132 110 ---- ---- ---- ---- 43 41 132 122 ---- ---- ---- ---- 144 143 428 318 Interest expense, net of interest income of $0, $0, $2 and $0................................. (10) (6) (35) (14) Losses on sales of real estate.................. (40) -- (40) -- Income tax expense.............................. (1) -- (2) (1) Minority equity in net income................... (1) (3) (2) (4) ---- ---- ---- ---- Net income...................................... $ 92 $134 $349 $299 ==== ==== ==== ====
The accompanying notes to financial statements are an integral part of the above statements. 8 3 SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, each Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. STARWOOD HOTELS & RESORTS STARWOOD HOTELS & RESORTS WORLDWIDE, INC. By: /s/ RONALD C. BROWN By: /s/ RONALD C. BROWN ------------------------------------------------- ------------------------------------------------- Ronald C. Brown Ronald C. Brown Vice President and Chief Financial Executive Vice President and and Accounting Officer Chief Financial Officer
Date: November 16, 1999 33 -----END PRIVACY-ENHANCED MESSAGE-----