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Hilton Hotels, 1958 Annual Report
Image 26
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Hilton Hotels Corporation. Hilton Hotels, 1958 Annual Report - Image 26. 1958. Hospitality Industry Archives, Conrad N. Hilton College of Hotel and Restaurant Management, University of Houston. University of Houston Digital Library. Web. May 22, 2019. https://digital.lib.uh.edu/collection/hiltonar/item/1383/show/1372.

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. (1958). Hilton Hotels, 1958 Annual Report - Image 26. 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/1383/show/1372

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, 1958 Annual Report - Image 26, 1958, Annual Reports from the Hospitality Industry Archives, Hospitality Industry Archives, Conrad N. Hilton College of Hotel and Restaurant Management, University of Houston, accessed May 22, 2019, https://digital.lib.uh.edu/collection/hiltonar/item/1383/show/1372.

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, 1958 Annual Report
Creator (LCNAF)
  • Hilton Hotels Corporation
Publisher Hilton Hotels Corporation
Date 1958
Description Hilton Hotels Annual Report for calendar year 1958.
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 26
Format (IMT)
  • image/jpeg
File Name hiltonar_201609_011_026.jpg
Transcript CONSOLIDATED ASSETS DEC. 31, 1958 CURRENT ASSETS Cash $ 31,392,070.17 Accounts and Notes Receivable $ 15,053,106.79 Less: Reserve for Doubtful Accounts 423,115.77 $ 14,629,991.02 Inventories of Merchandise and Supplies—(At Cost) $ 4,130,490.73 Other Current Assets Installment Sales Contract and Other Notes— Payments Receivable within One Year—(Note 2) $ 2,710,988.62 Prepaid Expenses 1,668,930.75 Sundry—Other 499,772.99 Total $ 4,879,692.36 Total Current Assets $ 55,032,244.28 INVESTMENTS—(Note 2) Capital Stocks $ 439,662.72 Installment Sales Contract and Other Notes 21,823,008.68 Securities and Indebtedness of Affiliate—Not Current 4,500,000.00 Other Investments 800,556.97 $ 27,563,228.37 Less: Amounts Due within One Year—(Above) 2,710,988.62 Total $ 24,852,239775 FIXED ASSETS—(Note 3) Land $ 24,141,919.47 Buildings 86,357,528.97 Furniture and Equipment 40,622,756.97 Leaseholds and Improvements 26,548,407.75 $177,670,613.16 Less: Reserve for Depreciation and Amortization 64,967,567.03 $112,703,046.13 Revisions and Alterations 7,524,608.59 Operating Equipment 4,748,933.84 Total. $124,976,588756 OTHER ASSETS AND DEFERRED CHARGES Non-Operating Property—Land $ 324,416.27 Land Options — Pre-Opening and Preliminary Investigation Expenses 1,801,765.71 Organization Expenses 374,569.98 Unamortized Mortgage and Loan Expenses 244,859.97 Other Assets and Deferred Charges 1,465,134.21 Total $ 4,210,746714 TOTAL ASSETS $209,071,818.73 DEC. 31, 1957 $ 22,178,587.59 $ 14,513,819.29 397,587.53 $ 14,116,231.76 $ 3,723,125.19 $ 2,687,363.46 1,463,987.47 576,977.84 $ 4,728,328.77 $ 44,746,273.31 2,169 24,916 4,500 823 ,850.00 ,846.83 ,000.00 ,815.21 32,410 2,687 512.04 363.46 $ 29,723,148.58 $ 20,019,401.98 78,740,110.65 39,874,332.45 21,791,472.68 $160,425,317.76 52,813,344.82 $107,611,972.94 7,346,356.05 4,487,488.38 $119,445,817.37 $ 324,416.27 149,166.66 1,590,984.96 379,259.09 293,805.87 865,765.89 $ 3,603,398.74 $197,518,638.00 Notes to Financial Statements form an integral part of this statement and should be considered in connection therewith. 24 HILTON HOTELS CORPORATION