2011 ANNUAL REPORT 6105_Cover.indd 1 3/9/12 10:58 PM CORPORATE INFORMATION CORPORATE OFFICE REGISTRAR AND TRANSFER AGENT AND SHAREHOLDER SERVICES DEPARTMENT General Growth Properties, .Inc 110 N. Wacker Drive American Stock Transfer & Trust Company, LLC Chicago, IL 60606 6201 15th Avenue (312) 960-5000 Brooklyn, NY 11219 Phone: (866) 627-2643 TTY number: (866) 703-9077 (718) 921-8386 Foreign Investor Line: (718) 921-8124 Email:
[email protected] INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM Deloitte & Touche LLP Chicago, Illinois 6105_Cover.indd 2 3/9/12 11:06 PM 6105_Body.indd 1 3/10/12 12:31 AM FINANCIAL HIGHLIGHTS 6105_Body.indd 2 3/9/12 10:46 PM YEAR YEAR ENDED ENDED DEC 31 DEC 31 2 011(b) 2010 (b) TOTAL PROPERTY REVENUES $2,667 $2,697 TOTAL PROPERTY OPERATING EXPENSES $865 $868 NET OPERATING INCOME $1,802 $1,829 CORE NET OPERATING INCOME $1,861 $1,818 FUNDS FROM OPERATIONS(a) $908 $613 CORE FUNDS FROM OPERATIONS(a) $937 $869 INVESTMENT IN REAL ESTATE $27,610 $28,294 TOTAL ASSETS $29,518 $32,367 TOTAL DEBT $17,336 $18,048 PER COMMON SHARE DATA FFO(a) $0.90 $0.62 CORE FFO(a) $0.95 $0.87 COMMON STOCK PRICE AT DECEMBER 31 $15.02 $15.48 STOCK AND LIMITED PARTNER UNITS AT YEAR END SHARES OF COMMON STOCK OUTSTANDING (in thousands) 935,307 941,880 LIMITED PARTNER UNITS IN THE OPERATING PARTNERSHIP OUTSTANDING (in thousands) 6,598 7,038 TOTAL EQUITY CAPITALIZATION $14,851 $14,692 TOTAL CAPITALIZATION $34,281 $35,417 (a) Amounts represent GGP’s share.