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Hilton Hotels, 1953 Annual Report
Image 19
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Hilton Hotels Corporation. Hilton Hotels, 1953 Annual Report - Image 19. 1953. Hospitality Industry Archives, Conrad N. Hilton College of Hotel and Restaurant Management, University of Houston. University of Houston Digital Library. Web. November 20, 2017. http://digital.lib.uh.edu/collection/hiltonar/item/1519/show/1513.

Disclaimer: This is a general citation for reference purposes. Please consult the most recent edition of your style manual for the proper formatting of the type of source you are citing. If the date given in the citation does not match the date on the digital item, use the more accurate date below the digital item.

Hilton Hotels Corporation. (1953). Hilton Hotels, 1953 Annual Report - Image 19. Annual Reports from the Hospitality Industry Archives. Hospitality Industry Archives, Conrad N. Hilton College of Hotel and Restaurant Management, University of Houston. Retrieved from http://digital.lib.uh.edu/collection/hiltonar/item/1519/show/1513

Disclaimer: This is a general citation for reference purposes. Please consult the most recent edition of your style manual for the proper formatting of the type of source you are citing. If the date given in the citation does not match the date on the digital item, use the more accurate date below the digital item.

Hilton Hotels Corporation, Hilton Hotels, 1953 Annual Report - Image 19, 1953, Annual Reports from the Hospitality Industry Archives, Hospitality Industry Archives, Conrad N. Hilton College of Hotel and Restaurant Management, University of Houston, accessed November 20, 2017, http://digital.lib.uh.edu/collection/hiltonar/item/1519/show/1513.

Disclaimer: This is a general citation for reference purposes. Please consult the most recent edition of your style manual for the proper formatting of the type of source you are citing. If the date given in the citation does not match the date on the digital item, use the more accurate date below the digital item.

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Title Hilton Hotels, 1953 Annual Report
Creator (LCNAF)
  • Hilton Hotels Corporation
Publisher Hilton Hotels Corporation
Date 1953
Description Hilton Hotels Annual Report for calendar year 1953.
Subject.Topical (LCSH)
  • Hospitality industry
  • Hotel management
  • Corporation reports
Subject.Name (LCNAF)
  • Hilton Hotels Corporation
Genre (AAT)
  • annual reports
Language English
Type (DCMI)
  • Text
  • Still Image
Original Item Location Conrad N. Hilton Papers
Digital Collection Annual Reports from the Hospitality Industry Archives
Digital Collection URL http://digital.lib.uh.edu/collection/hiltonar
Repository Hospitality Industry Archives, Conrad N. Hilton College of Hotel and Restaurant Management, University of Houston
Repository URL http://www.uh.edu/hilton-college/About/hospitality-industry-archives
Use and Reproduction This image is in the public domain and may be used freely. If publishing in print, electronically, or on a website, please cite the item using the citation button.
File Name index.cpd
Item Description
Title Image 19
Format (IMT)
  • image/jpeg
File Name hiltonar_201609_006_019.jpg
Transcript Hilton Hotels Corporation as at the close of years 1949 to 19S3 inclusive CURRENT ASSETS CURRENT LIABILITIES OTHER ASSETS OTHER LIABILITIES, DEFERRED INCOME AND RESERVES NET ASSETS REPRESENTED IN 1953 1952 1951 1950 1949 Cash $10,412,986 $ 7,148,506 $ 7,289,412 $ 6,996,985 $ 5,582,394 Marketable Securities 260,000 710,000 710,000 710,000 200,000 Receivables (net) 6,718,052 6,071,986 4,923,736 4,351,549 1,568,672 Inventories 2,393,548 2,475,939 2,246,847 1,976,791 1,031,642 Other 5,536,449 4,071,527 2,846,274 2,355,500 1,742,648 total current assets $25,321,035 $20,477,958 $18,016,269 $16,390,825 $10,125,356 Accounts Payable $ 4,180,202 $ 3,173,815 $ 3,069,809 $ 2,692,845 $ 1,590,354 Accrued Liabilities 4,832,164 4,438,829 3,682,449 3,440,643 2,400,262 Provision for Income Taxes 2,876,234 2,806,156 2,650,443 2,868,528 1,232,434 Payment of Funded Debt and Long Term Liabilities Due Within One Year 1,628,680 1,308,687 1,136,496 1,016,087 549,778 Other 1,005,813 460,575 322,763 351,167 151,634 total current liabilities $14,523,093 $12,188,062 $10,861,960 $10,369,270 $ 5,924,462 working capital $10,797,942 $8,289,896 $7,154,309 $6,021,555 $4,200,894 Non-current Receivables and Investments 11,565,530 5,663,295 3,656,893 3,995,749 3,167,227 Fixed Assets (net) 66,609,020 62,489,425 61,174,428 59,625,808 49,292,601 Deferred Charges 1,100,254 871,302 800,128 802,462 596,537 total $90,072,746 $77,313,918 $72,785,758 $70,445,574 $57,257,259 Funded Debt and Long Term Liabilities (less payments due within one year) $34,473,165 $35,169,609 $34,357,135 $32,933,501 $24,208,252 Deferred Income 7,821,708 3,067,461 — — Sundry Reserves 28,048 114,456 365,889 402,655 142,914 total $42,322,921 $38,351,526 $34,723,024 $33,336,156 $24,351,166 net assets $47,749,825 $38,962,392 $38,062,734 $37,109,418 $32,906,093 First Preferred Stock $ 6,196,000 $ — $ — $ — $ Convertible Preference Stock 1,214,500 2,175,650 3,994,450 4,903,850 5,813,250 Common Stock (less treasury shares at cost) 6,131,549 7,244,584 7,511,521 7,038,215 6,956,281 Surplus Reserves 500,000 500,000 500,000 1,700,000 1,820,000 Capital Surplus 12,060,051 10,952,473 9,202,137 7,301,090 7,340,447 Earnings Retained in the Business 21,647,725 17,187,648 14,447,174 12,664,299 9,614,750 Minority Interest — 902,037 2,407,452 3,501,964 1,361,365 total as above $47,749,825 $38,962,392 $38,062,734 $37,109,418 $32,906,093 Book Value per Common Share $ 25.00 $ 22.14 $ 19.88 $ 19.16 $ 17.38 18