| Address:
|
355 SOUTH GRAND AVENUE
SUITE 3300 |
| City: |
LOS ANGELES |
|
State: |
CA |
|
Zip Code: |
90071 |
| Telephone: |
213-626-3300 |
|
Description of Business
|
Primary SIC Code:
6798 |
| (As filed with the SEC)
|
|
|
As used in this Annual Report on Form 10-K/A, the terms "Maguire Properties,"
the "Company," "us," "we" and "our" refer to Maguire Properties, Inc., which was
incorporated in Maryland in 2002. Additionally, the term "Properties in Default"
refers to our Stadium Towers Plaza, Park Place II, 2600 Michelson, Pacific Arts
Plaza, 550 South Hope and 500 Orange Tower properties, whose mortgage loans are
in default as of the date of this report. When discussing property statistics
such as square footage, leased percentages and annualized rent, the term
"Properties in Default" also includes Quintana Campus (a joint venture property
in which we have a 20% interest), whose mortgage loan is in default as of the
date of this report.
We are a self-administered and self-managed real estate investment trust
("REIT"), and we operate as a REIT for federal income tax purposes. ... More ... |
| Date |
12-mos
Rolling EPS |
Dividend |
P/E
Ratio |
| 06/2010 | -8.04 | NA | N/E | | 03/2010 | -12.18 | NA | N/E |
Key Financial Ratios and Statistics |
FYE:
12/31 |
| Profitability |
2009 |
Leverage |
2009 |
| Net Inc/Comm Equity | -1.08 | Total Liab/Total Assets | 1.21 | | Net Inc/Total Assets | -0.21 | Total Liab/Inv Cap | 1.21 | | Net Inc/Inv Cap | -0.21 | Total Liab/Comm Equity | 6.30 | | Pretax Inc/Net Sales | -1.91 | Interest Coverage Ratio | -2.37 | | Net Inc/Net Sales | -1.60 | Curr Debt/Equity | NA | | Cash Flow/Net Sales | 0.01 | LTD/Equity | -5.64 | | SG&A/NetSales | 0.09 | Total Debt/Equity | -5.64 |
| Asset Utilization
|
|
Liquidity |
|
| Net Receivables Turnover | 9.35 | Quick Ratio | NA | | Inventory Turnover | NA | Current Ratio | NA | | Inventory Day Sales | NA | Net Rec/Curr Assets | NA | | Net Sales/Work Cap | NA | Inv/Curr Assets | NA | | Net Sales/PP&E | 0.15 | | |
Income Statement (Millions) |
| |
6/30/2010
|
3/31/2010
|
12/31/2009
|
9/30/2009
|
|
Total Revenues(Net Sales)
|
107.69
|
111.52
|
98.68
|
150.14
|
|
Cost of Goods Sold
|
39.71
|
40.12
|
38.39
|
56.39
|
|
Selling & Admin Exps
|
8.11
|
9.05
|
11.66
|
10.16
|
|
Operating Income
|
-48.73
|
-38.06
|
-306.72
|
-48.55
|
|
Interest Exp
|
66.52
|
66.71
|
67.08
|
79.81
|
|
Pretax Income
|
-114.94
|
-87.89
|
-373.24
|
-127.40
|
|
Other Income
|
0.31
|
16.88
|
0.56
|
0.96
|
|
Net Income Bef Extraordinary ...
|
NA
|
NA
|
NA
|
NA
|
|
Net Income
|
-48.76
|
23.35
|
-294.29
|
-42.06
|
|
Assets
|
6/30/2010
|
3/31/2010
|
12/31/2009
|
9/30/2009
|
|
Cash & Short Term Investments
|
216.81
|
229.28
|
242.72
|
222.11
|
|
Receivables - Total
|
77.32
|
76.51
|
77.66
|
83.59
|
|
Inventories - Total
|
NA
|
52.10
|
0.00
|
0.00
|
|
Total Current Assets
|
NA
|
NA
|
NA
|
NA
|
|
Net Property, Plant & Equipment
|
2,950.27
|
3,013.02
|
3,192.45
|
3,689.43
|
|
Total Assets
|
3,377.88
|
3,517.32
|
3,667.66
|
4,171.91
|
|
Liabilities
|
|
|
|
|
|
Accounts Payable
|
206.04
|
189.69
|
195.44
|
185.76
|
|
Debt in Current Liabilities
|
NA
|
NA
|
NA
|
NA
|
|
Total Current Liabilities
|
NA
|
NA
|
NA
|
NA
|
|
Long-Term Debt
|
3,994.72
|
4,037.72
|
4,251.59
|
4,424.87
|
|
Total Liabilities
|
4,156.84
|
4,248.03
|
4,421.68
|
4,632.68
|
|
Stockholder's Equity
|
|
|
|
|
|
Minority Interest
|
-106.53
|
-99.85
|
-102.96
|
-61.96
|
|
Preferred Stock
|
0.10
|
0.10
|
0.10
|
0.10
|
|
Common Stock
|
0.48
|
0.48
|
0.48
|
0.48
|
|
Retained Earnings
|
-1,446.66
|
-1,397.33
|
-1,420.09
|
-1,125.22
|
|
Treasury Stock
|
NA
|
NA
|
NA
|
NA
|
|
Total Stockholders' Equity
|
-778.96
|
-730.71
|
-754.02
|
-460.77
|
|
Total Liabilities and Stockholders' Equity
|
3,377.88
|
3,517.32
|
3,667.66
|
4,171.91
|
Cash Flow Summary (Millions) |
|
Categories
|
6/30/2010
|
3/31/2010
|
12/31/2009
|
9/30/2009
|
|
Net Cash Provided by Operating Activities
|
10.97
|
0.44
|
4.46
|
11.03
|
|
Net Cash Provided by Investing Activities
|
-12.68
|
113.61
|
201.37
|
-3.46
|
|
Net Cash Provided by Financing Activities
|
-18.79
|
-113.79
|
-176.54
|
-9.61
|
Annual Summary Data (Millions) |
| Year |
Sales |
Net
Income |
EPS |
| 12/2005 | 487.21 | -23.82 | -- | | 12/2006 | 462.21 | 70.33 | -- | | 12/2007 | 548.04 | 19.32 | -- | | 12/2008 | 547.03 | -308.98 | -- | | 12/2009 | 476.75 | -761.16 | -- | | Growth Rates | -0.54 | -- | -- |
| Type |
Date(Q,M) |
No.
Owners |
Shares
Held (000s) |
%
Own |
| Institutional | 06/30/10 | 101 | 27,501 | 57.20 |
|
Report Date :
9/7/2010
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