Title | Marriott Corporation, 1973 Annual Report |
Creator (LCNAF) |
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Publisher | Marriott International, Inc. |
Date | 1973 |
Description | Marriott Corporation Annual Report for the 52 weeks ending on July 27, 1973. |
Subject.Topical (LCSH) |
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Subject.Name (LCNAF) |
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Genre (AAT) |
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Language | English |
Type (DCMI) |
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Original Item Location | Marriott Hotels Collection |
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 |
Title | Image 3 |
Format (IMT) |
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File Name | hiltonar_201609_044_003.jpg |
Transcript | M Harriott CORPORATION Annual Report Highlights—Fiscal 1973 NET INCOME is up 22% over fiscal 72 NET PER SHARE increases 20% SALES jump 27%, pass V/z billion COMPANY OPERATIONS rise by 62 to 570 1973 1972 Sales $538,193,000 $422,928,000 Income before income taxes Per sales dollar 36,278,000 6.7% 30,635,000 7.2% Net income Per sales dollar Per share 21,640,000 17,734,000 4.0% 4.2% .72 .60 Funds provided from operations 52,079,000 43,531,000 Shareholders' investment Per share 200,623,000 6.63 174,493,000 5.81 Working capital 9,771,000 9,592,000 Shares outstanding 30,272,896 30,019,939 Shareholders 37,000 32,400 Employees 38,700 34,100 Operating units 570 508 NOTES: Results are for the 52 Weeks Ended July 27, 1973 and July 28, 1972 Amounts per share are based on the weighted average shares outstanding during the year (except tor shareholders' investment which is based on the total shares outstanding at the end of the year). Weighted average shares and shares outstanding for 1972 have been adjusted for the 21/2% stock dividend in March, 1973. Funds provided from operations consist of net income plus depreciation, deferred taxes and other non-cash expense provisions. These funds are available for capital expenditures and debt maturities. Left: The new Los Angeles Marriott Hotel at Los Angeles International Airport |