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10-K 1 c48762e10vk.htm FORM 10-K
Page 1 of 14210-K4/16/2009http://www.sec.gov/Archives/edgar/data/895648/000095015209001871/c48762e10vk.htm
 
Table of Contents 
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
Form 10-K
 
Commission File Number 1-11656
 
GENERAL GROWTH PROPERTIES, INC.
 
(Exact name of registrant as specified in its charter)
 
(312) 960-5000
 
(Registrant’s telephone number, including area code)
 
Securities Registered Pursuant to Section 12(b) of the Act:
 
Securities Registered Pursuant to Section 12(g) of the Act: None
 
Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the SecuritiesAct. YES NO

 Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of theAct. YES
NO

 Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the SecuritiesExchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file suchreports), and (2) has been subject to such filing requirements for the past 90 days. YES
NO

 Indicate by check mark if disclosure of delinquent filers pursuant to Item 405 of Regulation S-K is not contained herein, and will notbe contained, to the best of registrant’s knowledge, in definitive proxy or information statements incorporated by reference inPart III of this Form 10-K or any amendment to this Form 10-K.

 Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smallerreporting company. See the definitions of “large accelerated filer,” “accelerated filer” and “smaller reporting company” in Rule12b-2 of the Exchange Act. (Check one):(Do not check if a smaller reporting company)Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Act). YES
NO

 On June 30, 2008, the last business day of the registrant’s most recently completed second quarter, the aggregate market value of theshares of common stock held by non-affiliates of the registrant was $8.923 billion based upon the closing price of the common stock on the New York Stock Exchange composite tape on such date.As of February 20, 2009, there were 313,573,413 shares of the registrant’s common stock outstanding.
DOCUMENTS INCORPORATED BY REFERENCE
 Portions of the proxy statement for the annual stockholders meeting to be held on May 12, 2009 are incorporated by reference intoPart III.
(Mark One)
 
 
ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d)OF THE SECURITIES EXCHANGE ACT OF 1934
 
For the fiscal year ended December 31, 2008
 
or
 
 
TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d)OF THE SECURITIES EXCHANGE ACT OF 1934
 
For the transition period from toDelaware
 
42-1283895
 
(State or other jurisdiction of incorporation or organization)
 
(I.R.S. Employer  Identification Number)
 
110 N. Wacker Dr., Chicago, IL 60606
 
(Address of principal executive offices)
 
(Zip Code)
Title of Each Class
 
Name of Each Exchange on Which Registered
 Common Stock, $.01 par value New York Stock ExchangePreferred Stock Purchase Rights New York Stock ExchangeLarge accelerated filer
Accelerated filer
Non-accelerated filer
Smaller reporting company
Page 2 of 14210-K4/16/2009http://www.sec.gov/Archives/edgar/data/895648/000095015209001871/c48762e10vk.htm
 
 GENERAL GROWTH PROPERTIES, INC.Annual Report on Form 10-KDecember 31, 2008
 
TABLE OF CONTENTS
 
i
Item No.
 
Page Number
 
Part I
 1. Business1 1A. Risk Factors6 1B. Unresolved Staff Comments19 2. Properties19 3. Legal Proceedings30 4. Submission of Matters to a Vote of Security Holders30
Part II
 5. Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities306. Selected Financial Data32 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations34 7A. Quantitative and Qualitative Disclosures About Market Risk 56 8. Financial Statements and Supplementary Data57 9. Changes in and Disagreements with Accountants on Accounting and Financial Disclosure57 9A. Controls and Procedures57 9B. Other Information59
Part III
 10. Directors, Executive Officers and Corporate Governance59 11. Executive Compensation59 12. Security Ownership of Certain Beneficial Owners and Management and Related StockholderMatters5913. Certain Relationships and Related Transactions, and Director Independence60 14. Principal Accountant Fees and Services60
Part IV
 15. Exhibits and Financial Statement Schedules61
Signatures
62
Consolidated Financial Statements
F-1
Consolidated Financial Statement Schedule
F-67
Exhibit Index
S-1EX-4.13 EX-10.2 EX-10.3 EX-10.7 EX-10.17 EX-10.18 EX-10.19 EX-10.29 EX-10.36 EX-21 EX-23.1 EX-23.2 EX-31.1 EX-31.2 EX-32.1 EX-32.2 EX-99.1
 
Page 3 of 14210-K4/16/2009http://www.sec.gov/Archives/edgar/data/895648/000095015209001871/c48762e10vk.htm
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