Starwood 2003 Annual Report Download - page 127

Download and view the complete annual report

Please find page 127 of the 2003 Starwood annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 138

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138

S-2
SCHEDULE III
STARWOOD HOTELS & RESORTS
REAL ESTATE AND ACCUMULATED DEPRECIATION
December 31, 2003
(In millions)
Gross Amount
Initial Cost to Costs Subsequent to Book Value
Company Acquisition at December 31, 2003
(a) (a)(b)
Accumulated
Building and Building and Building and Depreciation & Year of Date
Description City State Land Improvements Land Improvements Land Improvements Amortization Construction Acquired Life
The St. Regis, New YorkÏÏÏÏÏÏÏÏÏ New York NY $ 65 $ 150 $ Ì $ 9 $ 65 $ 159 $ 22 1904 6/98 40
Hotel properties, each less than 5%
of total ÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏ Various Various 387 3,272 (54) (101) 333 3,172 535 Various Various Various
$452 $3,422 $(54) $ (92) $398 $3,331 $557
Land ÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏ 398 Ì
Furniture, Ñxtures and equipment ÏÏ 484 348
Construction in progress ÏÏÏÏÏÏÏÏÏÏ 16 Ì
$4,229 $905
(a) As of December 31, 2003, land, building, furniture, Ñxtures and equipment and construction in progress have a cost basis of $328 million, $1,709 million, $69 million and $14 million,
respectively, for federal income tax purposes.
(b) Building and improvements include amounts allocated for leasehold interest in land.