EX-12.2 3 hst-ex122_2015033113.htm EX-12.2

Exhibit 12.2

HOST HOTELS & RESORTS, L.P. AND SUBSIDIARIES

COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

(in millions, except ratio amounts)

 

 

 

Quarter ended March 31,

 

 

 

2015

 

 

2014

 

Income from continuing operations before income taxes

 

$

95

 

 

$

181

 

Add (deduct):

 

 

 

 

 

 

 

 

Fixed charges

 

 

59

 

 

 

67

 

Capitalized interest

 

 

(1

)

 

 

(2

)

Amortization of capitalized interest

 

 

2

 

 

 

4

 

Equity in losses related to equity method investees

 

 

2

 

 

 

8

 

Distributions from equity investments

 

 

4

 

 

 

—

 

Adjusted earnings

 

$

161

 

 

$

258

 

Fixed charges:

 

 

 

 

 

 

 

 

Interest on indebtedness and amortization of deferred financing costs

 

$

51

 

 

$

58

 

Capitalized interest

 

 

1

 

 

 

2

 

Portion of rents representative of the interest factor

 

 

7

 

 

 

7

 

Total fixed charges

 

$

59

 

 

$

67

 

Ratio of earnings to fixed charges

 

 

2.7

 

 

 

3.9