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Hilton Hotels, 1956 Annual Report
Image 24
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Hilton Hotels Corporation. Hilton Hotels, 1956 Annual Report - Image 24. 1956. Hospitality Industry Archives, Conrad N. Hilton College of Hotel and Restaurant Management, University of Houston. University of Houston Digital Library. Web. February 26, 2020. https://digital.lib.uh.edu/collection/hiltonar/item/598/show/585.

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. (1956). Hilton Hotels, 1956 Annual Report - Image 24. 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/598/show/585

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, 1956 Annual Report - Image 24, 1956, Annual Reports from the Hospitality Industry Archives, Hospitality Industry Archives, Conrad N. Hilton College of Hotel and Restaurant Management, University of Houston, accessed February 26, 2020, https://digital.lib.uh.edu/collection/hiltonar/item/598/show/585.

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, 1956 Annual Report
Creator (LCNAF)
  • Hilton Hotels Corporation
Publisher Hilton Hotels Corporation
Date 1956
Description Hilton Hotels Annual Report for calendar year 1956.
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 24
Format (IMT)
  • image/jpeg
File Name hiltonar_201609_009_024.jpg
Transcript CURRENT ASSETS Dec. 31, 1956 Cash $ 24,202,721.76 Marketable Securities—U.S. Treasury Bonds $ — Accounts and Notes Receivable $ 13,606,545.02 Less: Reserve for Doubtful Accounts Inventories of Merchandise and Supplies—(At Cost).. Other Current Assets Cash in Banks for Payment of Income Taxes Installment Sales Contract and Other Notes— Payments Receivable Within One Year— (Note 2) Prepaid Expenses Other Total 359,512.01 Dec. 31, 1955 j 18,532,504.83 $ 100,000.00 $ 12,783,267.20 348,960.95 $ 13,247,033.01 $ 12,434,306.25 S 3,434,699.47 $ 3,382,775.99 $ 224,482.56 $ 224,482.56 2,882,257.34 1,813,291.62 454,071.55 2,902,181.50 1,791,984.03 251,366.76 5,374,103.07 $ 5,170,014.85 Total Current Assets % 46,258,557.31 $ 39,619,601.92 INVESTMENTS —(Note 2) Capital Stocks Installment Sales Contract and Other Notes Securities and Indebtedness of Affiliates—Not Current Other Investments Less: Amounts Due Within One Year—(Above) Total $ 2,170,850.00 28,282,716.96 4,500,000.00 508,815.21 $ 35,462,382.17 2,882,257.34 $ 270,850.00 13,975,748.54 4,500,000.00 508,815.21 $ 19,255,413.75 2,902,181.50 $ 32,580,124.83 $ 16,353,232.25 FIXED ASSETS —(Note 3) Land g 11,866,473.63 Buildings Furniture and Equipment. Leaseholds and Improvements Less: Reserve for Depreciation and Amortization Rehabilitation, Revisions and Alterations Operating Equipment Total - 67,724,414.06 37,415,105.91 21,170,587.98 $138,176,581.58 41,807,511.99 $ 96,369,069.59 4,034,592.03 4,341,723.68 $ 13,466,645.01 71,553,880.82 37,013,311.34 22,342,311.27 $144,376,148.44 41,657,105.90 $102,719,042.54 2,836,176.39 4,629,701.37 04,745,385.30 $110,184,920.30 OTHER ASSETS AND DEFERRED CHARGES Non-Operating Property—Land Pre-Opening and Preliminary Investigation Expenses Organization Expenses Unamortized Mortgage and Loan Expenses Other Assets and Deferred Charges Total TOTAL ASSETS $ 324,416.27 $ 391,968.17 1,754,443.09 1,711,009.27 381,113.32 345,804.37 275,957.79 361,775.01 993,913.05 941,107.39 $ 3,729,843.52 $ 3,751,664.21 $187,313,910.96 $169,909,418.68 Notes to Financial Statements form an integral part of this statement and should be considered in connection therewith. 22 HILTOIST MOTELS CORPORATION