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Exhibit 12.2
HOST HOTELS & RESORTS, L.P. AND SUBSIDIARIES
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
AND PREFERRED UNIT DISTRIBUTIONS
(in millions, except ratio amounts)
Quarter ended | ||||||||
March 31, | March 23, | |||||||
2013 | 2012 | |||||||
Income (loss) from continuing operations before income taxes | $ | 27 | $ | (68 | ) | |||
Add (deduct): | ||||||||
Fixed charges | 84 | 98 | ||||||
Capitalized interest | (1 | ) | (1 | ) | ||||
Amortization of capitalized interest | 2 | 2 | ||||||
Equity in losses related to certain 50% or less owned affiliates | 2 | 2 | ||||||
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Adjusted earnings | $ | 114 | $ | 33 | ||||
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Fixed charges: | ||||||||
Interest on indebtedness and amortization of deferred financing costs | $ | 76 | $ | 86 | ||||
Capitalized interest | 1 | 1 | ||||||
Portion of rents representative of the interest factor | 7 | 11 | ||||||
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Total fixed charges and preferred unit distributions | $ | 84 | $ | 98 | ||||
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Ratio of earnings to fixed charges and preferred unit distributions | 1.4 | — | ||||||
Deficiency of earnings to fixed charges and preferred unit distributions | $ | — | $ | (65 | ) |