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Hilton Hotels, 1959 Annual Report
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Hilton Hotels Corporation. Hilton Hotels, 1959 Annual Report - Image 32. 1959. Hospitality Industry Archives, Conrad N. Hilton College of Hotel and Restaurant Management, University of Houston. University of Houston Digital Library. Web. January 24, 2020. https://digital.lib.uh.edu/collection/hiltonar/item/1208/show/1203.

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. (1959). Hilton Hotels, 1959 Annual Report - Image 32. Annual Reports from the Hospitality Industry Archives. Hospitality Industry Archives, Conrad N. Hilton College of Hotel and Restaurant Management, University of Houston. Retrieved from https://digital.lib.uh.edu/collection/hiltonar/item/1208/show/1203

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, 1959 Annual Report - Image 32, 1959, Annual Reports from the Hospitality Industry Archives, Hospitality Industry Archives, Conrad N. Hilton College of Hotel and Restaurant Management, University of Houston, accessed January 24, 2020, https://digital.lib.uh.edu/collection/hiltonar/item/1208/show/1203.

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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Compound Item Description
Title Hilton Hotels, 1959 Annual Report
Creator (LCNAF)
  • Hilton Hotels Corporation
Publisher Hilton Hotels Corporation
Date 1959
Description Hilton Hotels Annual Report for calendar year 1959.
Subject.Topical (LCSH)
  • Hospitality industry
  • Hotel management
  • Corporation reports
Subject.Name (LCNAF)
  • Hilton Hotels Corporation
Genre (AAT)
  • annual reports
  • business records
Language English
Type (DCMI)
  • Text
  • 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 No Copyright - United States
File Name index.cpd
Item Description
Title Image 32
Format (IMT)
  • image/jpeg
File Name hiltonar_201609_012_032.jpg
Transcript Statement of Financial Condition 1959 1958 1957 1956 1955 CURRENT ASSETS Cash $ 33,545,411 Marketable securities — Receivables (net) 11,901,996 Inventories 4,059,334 Others 18,788,982 TOTAL CURRENT ASSETS 68,295,723 CURRENT LIABILITIES Accounts payable 10,071,453 Accrued liabilities 12,982,659 Provision for income taxes 3,445,560 Payment of funded debt and long term liabilities due within one year 8,235,085 Others 635,836 TOTAL CURRENT LIABILITIES 35,370,593 WORKING CAPITAL 32,925,130 OTHER ASSETS Investment in non-consolidated foreign units. . 2,720,794 Non-current receivables and investments 22,247,630 Fixed assets, net 138,900,291 Deferred charges 8,925,760 total 205,719,605 OTHER LIABILITIES, DEFERRED INCOME AND RESERVES Funded debt and long term liabilities (less payments due within one year) 89,120,382 Deferred income 13,319,073 Sundry reserves 120,606 total 102,560,061 net assets 103,159,544 NET ASSETS REPRESENTED IN First Preferred Stock, Series A 5,290,000 First Preferred Stock, Series B — Cumulative Voting Preferred Stock, Series A. . 6,065,225 Common stock (less treasury shares at cost). . 619,283 Surplus reserves 500,000 Capital surplus 32,323,655 Earnings retained in the business 58,361,381 Minority interest — total as above $103,159,544 Book value per common share $ 24.22 Figures for 1958 and earlier years have been restated and diner from those previously reported due to a change in the basis of consolidation. 30,021,144 20,579,639 22,693,331 14,037,814 3,665,907 4,810,714 13,823,164 3,233,518 4,600,906 12,954,277 3,158,603 5,352,766 17,554,905 100,000 11,868,982 3,143,855 5,149,629 52,535,579 42,237,227 44,158,977 37,817,371 8,875,262 9,275,288 6,390,713 7,055,288 1,123,534 5,978,727 8,587,730 7,130,460 5,505,313 1,023,907 5,805,400 7,856,037 9,877,207 4,514,680 1,192,168 8,245,530 7,565,674 7,523,519 4,033,915 842,080 32,720,085 28,226,137 29,245,492 28,210,718 19,815,494 14,011,090 14,913,485 9,606,653 2,566,961 24,847,740 124,899,249 2,794,291 498,787 29,723,149 119,368,354 3,378,667 465,485 32,580,125 104,691,531 3,335,525 448,298 16,353,232 110,160,343 3,259,734 174,923,735 166,980,047 155,986,151 139,828,260 64,225,351 15,431,439 168,221 57,430,324 17,260,177 58,992 62,265,338 19,160,320 24,058 70,988,531 8,654,615 20,230 79,825,011 74,749,493 81,449,716 79,663,376 95,098,724 92,230,554 74,536,435 60,164,884 5,250,000 6,035,475 3,042,033 500,000 27,853,327 52,377,889 5,290,000 5,830,350 5,875,510 500,000 26,505,820 46,829,082 1,399,792 5,290,000 6,119,351 500,000 20,584,171 42,042,913 5,290,000 2,534,000 6,320,876 500,000 15,689,532 29,732,872 97,604 95,098,724 92,230,554 74,536,435 60,164,884 HILTON HOTELS CORPORATION 30