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GROSS OPERATING REVENUE Rooms Department $ 85,082,755.35
OPERATING COSTS
AND EXPENSES
cm/iafaitwe
NET OPERATING PROFIT
ADDITIONS TO OR DEDUCTIONS*
FROM INCOME
Jr>
ncerney
PROFIT BEFORE INCOME TAXES
PROVISION FOR INCOME TAXES
NET PROFIT
BEFORE MINORITY INTEREST
MINORITY INTEREST
Food and Beverage Department
Other Operated Departments. .
Other Income
Store Rentals
Departmental Costs and Expenses
Administrative and General Expenses
Advertising and Business Promotion
Heat, Light and Power
Maintenance and Repairs
Lease Rentals
Real Estate and Personal Property Taxes
Interest
Depreciation and Amortization
Corporate Expenses and Sundry Capital Charges
Year Ended
Dec. 31,1956 Dec. 31,1955
$ 81,566,520.60
84,832,829.60
15,059,220.61
4,362,856.83
2,460,509.71
89,264,240.92
15,368,355.03
4,895,226.04
2,696,413.16
$197,306,990.50 $188,281,937.35
$101,203,460.85
19,761,277.32
4,630,761.16
6,962,626.31
10,715,822.27
15,947,004.02
6,047,557.56
2,675,214.43
8,002,589.44
2,350,450.71
$ 97,545,611.40
18,809,063.02
4,238,618.26
6,685,987.82
10,687,111.20
15,603,606.30
6,047,339.05
3,116,942.32
7,728,291.54
1,674,559.34
Interest on Investment Securities
Profit from Office Buildings and
Other Real Estate Operations
Reimbursement by Lessor Under Lease Agreement
Contribution to Pension Trust
Property Tax Assessments or Refunds
Income from Royalties and Sale of Oil Leases. . .
Sundry—Other
$178,296,764.07 $172,137,130.25
$ 19,010,226.43 $ 16,144,807.10
$ 643,855.97 $ 218,431.51
929,188.80
195,293.11
962,900.00*
103,656.72
61,451.53
93,575.86*
956,193.76
64,943.50
917,150.00*
76,635.12*
46,980.10
47,303.11
876,970.27 $ 340,066.86
$ 19,887,196.70 $ 16,484,873.96
Federal Normal and Surtax
State, City, District and Foreign Taxes
9,943,790.52
320,350.82
10,264,141.34
9,623,055.36
35,840.74
$ 8,260,276.04
165,822.53
$ 8,426,098.57
$ 8,058,775.39
56,516.20
NET INCOME % 9,587,214.62 $ 8,002,259.19
REALIZED PROFIT
ON SALE OF PROPERTIES
LESS: Taxes Applicable Thereto
TOTAL NET INCOME AND PROFITS
*Denotes Red Figures.
Notes to Financial Statements form an integral part of this statement and should be considered in connection therewith.
$ 9,635,578.34
2,470,423.49
$ 7,165,154.85
$ 16,752,369.47
$ 1,470,000.95
367,500.24
$ 1,102,500.71
$ 9,104,759.90
24
HILTON ROTELS CORPORATION
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