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Hilton Hotels, 1960 Annual Report
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Hilton Hotels Corporation. Hilton Hotels, 1960 Annual Report - Image 32. 1960. Hospitality Industry Archives, Conrad N. Hilton College of Hotel and Restaurant Management, University of Houston. University of Houston Digital Library. Web. May 29, 2020. https://digital.lib.uh.edu/collection/hiltonar/item/476/show/471.

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. (1960). Hilton Hotels, 1960 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/476/show/471

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, 1960 Annual Report - Image 32, 1960, Annual Reports from the Hospitality Industry Archives, Hospitality Industry Archives, Conrad N. Hilton College of Hotel and Restaurant Management, University of Houston, accessed May 29, 2020, https://digital.lib.uh.edu/collection/hiltonar/item/476/show/471.

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, 1960 Annual Report
Creator (LCNAF)
  • Hilton Hotels Corporation
Publisher Hilton Hotels Corporation
Date 1960
Description Hilton Hotels Annual Report for calendar year 1960.
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_013_032.jpg
Transcript HILTON HOTELS CORPORATION AND CONSOLIDATED SUBSIDIARIES STATEMENT OF FINANCIAL CONDITION 30 1960 CURRENT ASSETS Cash $ 27,056,626 Receivables (net) 11,337,579 Inventories 4,310,097 Others 12,023,752 TOTAL CURRENT ASSETS 54,728,054 CURRENT LIABILITIES Accounts payable 7,979,148 Accrued liabilities 12,732,211 Provision for income taxes 4,224,944 Payment of funded debt and long-term liabilities due within one year 4,174,105 Others 607,514 TOTAL CURRENT LIABILITIES 29,717,922 WORKING CAPITAL 25,010,132 OTHER ASSETS Investments in non-consolidated foreign units. .. 458,585 Non current receivables and investments 23,226,041 Fixed assets (net) 144,792,574 Deferred charges 8,735,355 total 202,222,687 OTHER LIABILITIES, DEFERRED INCOME AND RESERVES Funded debt and long-term liabilities (less payments due within one year) 87,016,064 Deferred income and credits 12,799,383 Sundry reserves 105,827 total 99,921,274 net assets 102,301,413 NET ASSETS REPRESENTED IN First Preferred stock, Series A 5,290,000 Cumulative Voting Preferred stock, Series A. . .. 6,065,275 Common stock 11,163,165 Scrip 463 Surplus reserves 2,500,000 Capital surplus 31,912,878 Earnings retained in the business 57,904,979 Minority interest — total 114,836,760 Deduct: Common stock in treasury (at cost). . .. 12,535,347 total as above $102,301,413 at December 31 1959 1958 33,545,411 11,086,833 4,059,334 19,604,145 68,295,723 10,071,453 12,982,659 3,445,560 8,235,085 635,836 35,370,593 32,925,130 2,720,794 22,247,630 138,900,291 8,925,760 89,120,382 13,319,073 120,606 102,560,061 103,159,544 5,290,000 6,065,225 11,163,137 541 500,000 32,323,655 58,361,381 113,703,939 10,544,395 103,159,544 30,021,144 14,037,814 3,665,907 4,810,714 52,535,579 8,875,262 9,275,288 6,390,713 7,055,288 1,123,534 32,720,085 19,815,494 2,566,961 24,847,740 124,899,249 2,794,291 1957 20,579,639 13,823,164 3,233,518 4,600,906 42,237,227 5,978,727 8,587,730 7,130,460 5,505,313 1,023,907 28,226,137 14,011,090 498,787 29,723,149 119,368,354 3,378,667 64,225,351 15,431,439 168,221 79,825,011 95,098,724 5,290,000 6,035,475 11,160,708 51 500,000 27,853,327 52,377,889 103,217,450 8,118,726 95,098,724 57,430,324 17,260,177 58,992 74,749,493 92,230,554 5,290,000 5,830,350 11,089,303 76 500,000 26,505,820 46,829,082 1,399,792 97,444,423 5,213,869 92,230,554 1956 22,693,331 12,954,277 3,158,603 5,352,766 44,158,977 5,805,400 7,856,037 9,877,207 4,514,680 1,192,168 29,245,492 14,913,485 465,485 32,580,125 104,691,531 3,335,525 205,719,605 174,923,735 166,980,047 155,986,151 62,265,338 19,160,320 24,058 81,449,716 74,536,435 5,290,000 10,288,567 56 500,000 20,584,171 42,042,913 78,705,707 4,169,272 74,536,435