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Hilton Hotels, 1961 Annual Report
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Hilton Hotels Corporation. Hilton Hotels, 1961 Annual Report - Image 34. 1961. Hospitality Industry Archives, Conrad N. Hilton College of Hotel and Restaurant Management, University of Houston. University of Houston Digital Library. Web. December 2, 2020. https://digital.lib.uh.edu/collection/hiltonar/item/561/show/556.

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. (1961). Hilton Hotels, 1961 Annual Report - Image 34. 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/561/show/556

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, 1961 Annual Report - Image 34, 1961, Annual Reports from the Hospitality Industry Archives, Hospitality Industry Archives, Conrad N. Hilton College of Hotel and Restaurant Management, University of Houston, accessed December 2, 2020, https://digital.lib.uh.edu/collection/hiltonar/item/561/show/556.

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, 1961 Annual Report
Creator (LCNAF)
  • Hilton Hotels Corporation
Publisher Hilton Hotels Corporation
Date 1961
Description Hilton Hotels Annual Report for calendar year 1961.
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 34
Format (IMT)
  • image/jpeg
File Name hiltonar_201609_014_034.jpg
Transcript STATEMENT OF FINANCIAL CONDITION #^ 1961 CURRENT ASSETS Cash $ 27,975,218 Receivables (net) 13,052,588 Inventories 3,968,003 Others 5,185,405 TOTAL CURRENT ASSETS 50,181,214 CURRENT LIABILITIES Accounts payable 8,861,708 Accrued liabilities 13,105,773 Provision for income taxes 4,942,361 Payment of funded debt and long term liabilities due within one year 2,372,593 Others 577,138 TOTAL CURRENT LIABILITIES 29,859,573 WORKING CAPITAL 20,321,641 OTHER ASSETS Investments in non-consolidated foreign units 187,393 Non current receivables and investments 23,615,691 Fixed assets (net) 148,168,604 Deferred charges 9,335,623 total 201,628,952 OTHER LIABILITIES, DEFERRED INCOME AND RESERVES Funded debt and long term liabilities (less payments due within one year) 86,386,861 Deferred income and credits 4,505,303 Sundry reserves 131,770 total 91,023,934 NET ASSETS 110,605,018 NET ASSETS REPRESENTED IN First Preferred stock, Series A 350,000 Cumulative Voting Preferred stock, Series A 5,339,375 Common stock 11,214,315 Scrip — Surplus reserves 2,500,000 Capital surplus 38,915,057 Earnings retained in the business 65,229,134 Minority interest 46,448 total 123,594,329 Deduct: Common stock in treasury (at cost) 12,989,311 TOTAL AS ABOVE $110,605,018 AT DECEMBER 31 1960 1959 27,056,626 11,337,579 4,310,097 12,023,752 33,545,411 11,086,833 4,059,334 19,604,145 1958 30,021,144 14,037,814 3,665,907 4,810,714 7,979,148 12,732,211 4,224,944 4,174,105 607,514 10,071,453 12,982,659 3,445,560 8,235,085 635,836 8,875,262 9,275,288 6,390,713 7,055,288 1,123,534 458,585 2,720,794 23,226,041 22,247,630 144,792,574 138,900,291 8,735,355 8,925,760 2,566,961 24,847,740 124,899,249 2,794,291 87,016,064 12,799,383 105,827 89,120,382 13,319,073 120,606 64,225,351 15,431,439 168,221 5,290,000 6,065,275 11,163,165 463 2,500,000 31,912,878 57,904,979 114,836,760 12,535,347 5,290,000 6,065,225 11,163,137 541 500,000 32,323,655 58,361,381 113,703,939 10,544,395 5,290,000 6,035,475 11,160,708 51 500,000 27,853,327 52,377,889 103,217,450 8,118,726 1957 20,579,639 13,823,164 3,233,518 4,600,906 54,728,054 68,295,723 52,535,579 42,237,227 5,978,727 8,587,730 7,130,460 5,505,313 1,023,907 29,717,922 35,370,593 32,720,085 28,226,137 25,010,132 32,925,130 19,815,494 14,011,090 498,787 29,723,149 119,368,354 3,378,667 202,222,687 205,719,605 174,923,735 166,980,047 57,430,324 17,260,177 58,992 99,921,274 102,560,061 79,825,011 74,749,493 102,301,413 103,159,544 95,098,724 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 5,213,869 102,301,413 103,159,544 95,098,724 92,230,554 30