| Transcript |
18 COMPARATIVE CONSOLIDATED BALANCE SHEET
Sheraton Corporation of
Assets
April 30,1961 April 30, 1960
CURRENT ASSETS
Cash
Demand Deposits * 14,690,933
Restricted Deposits 345,045
On Hand 1,561,147
16,597,125
Securities — Marketable — at Cost
U. S. Treasury Bonds 328,275
Other 64,645
(Market Values $377,874 and $392,645) 392,920
Accounts and Notes Receivable 17,026,292
Less: Estimated Uncollectible Accounts and Notes 606,522
16,419,770
Accrued Interest Receivable .; ;U 54,245
Mortgages Receivable — Payments Due Within One Year (below).. 744,277
Inventories — at Cost 5,837,055
Prepaid Expenses 2,643,814
Total Current Assets 42,689,206
INVESTMENTS — AT COST(Notes 1 and 2)
Securities — Other Than Marketable 3,973,409
(Officers' Estimated Values $3,919,299 and $3,920,327)
Securities of Subsidiaries — Not Consolidated 619,906
(Estimated Values $738,000 and $673,500)
Mortgages Receivable 7,261,666
(Officers' Estimated Values $8,899,767 and $10,105,124)
Less: Mortgage Payments Due Within One Year (above) ( 744,277)
Total Investments 11,110,704
PROPERTY, PLANT AND EQUIPMENT (Notes 1 and 3)
Land and Leaseholds 50,954,545
Buildings and Improvements „ 181,919,270
Leasehold Improvements ..;....,.....,....JH......... 5,456,237
Furniture and Equipment! 78,742,413
317,072,465
Less: Depreciation to Date 99,701,085
Total Property, Plant and Equipment 217,371,380
(Officers' Estimated Values $340,500,000 and $331,500,000)
OTHER ASSETS
Options and Deposits on Contracts 5,000
Notes and Contracts Receivable — Due After One Year 304,989
Unamortized Debt Discount and Expense (Note 10) 2,944,835
Security and Other Deposits 763,836
Life Insurance — Cash Surrender Value ..- 276,921
Other (Note 1) 1,274,437
Total Other Assets 5,570,018
TOTAL ASSETS
See Notes to Consolidated Financial Statements.
$276,741,308
11,806,792
334,543
1,504,228
•13,645,563
355,207
67,113
422,320
16,793,257
520,766
16,272,491
56,197
618,556
6,764,884
2,392,960
40,172,971
4,073,409
315,500
7,709,266
618,556)
11,479,619
55,595,472
170,048,095
4,285,087
70,659,552
300,588,206
84,552,912
216,035,294
5,000
174,152
3,030,085
665,932
261,128
1,576,806
5,713,103
$273,400,987
|
