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Marriott Corporation, 1979 Annual Report
Image 28
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Marriott International, Inc.. Marriott Corporation, 1979 Annual Report - Image 28. 1979. Hospitality Industry Archives, Conrad N. Hilton College of Hotel and Restaurant Management, University of Houston. University of Houston Digital Library. Web. January 24, 2020. https://digital.lib.uh.edu/collection/hiltonar/item/637/show/626.

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.

Marriott International, Inc.. (1979). Marriott Corporation, 1979 Annual Report - Image 28. 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/637/show/626

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.

Marriott International, Inc., Marriott Corporation, 1979 Annual Report - Image 28, 1979, Annual Reports from the Hospitality Industry Archives, Hospitality Industry Archives, Conrad N. Hilton College of Hotel and Restaurant Management, University of Houston, accessed January 24, 2020, https://digital.lib.uh.edu/collection/hiltonar/item/637/show/626.

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 Marriott Corporation, 1979 Annual Report
Creator (LCNAF)
  • Marriott International, Inc.
Publisher Marriott International, Inc.
Date 1979
Description Marriott Corporation Annual Report for calendar year 1979.
Subject.Topical (LCSH)
  • Hospitality industry
  • Hotel management
  • Corporation reports
Subject.Name (LCNAF)
  • Marriott International, Inc.
Genre (AAT)
  • annual reports
  • business records
Language English
Type (DCMI)
  • Text
  • Image
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
Item Description
Title Image 28
Format (IMT)
  • image/jpeg
File Name hiltonar_201609_051_028.jpg
Transcript Consolidated Changes In Financial Position Marriott Corporation and Subsidiaries for the Fiscal Years Ended December 28,1979 and December 29,1978 1979 1978 (In thousands) Sources of Funds Net income Add expenses not requiring current outlay of working capital — Depreciation and amortization of property and equipment Deferred income taxes Other From operations New financing Net funds after tax from sale of five hotels Disposals of property and equipment Total sources $ 71,000 237,694 54,300 50,623 47,144 8,786 13,837 10,525 6,307 140,934 121,588 70,972 20,550 - 20,463 25,788 14,851 177,452 Applications of Funds Additions to property and equipment Acquisitions Purchase of treasury stock Maturities and prepayments of debt Cash dividends Other Total applications 149,000 134,738 9,516 4,338 74,187 2,055 17,002 25,179 5,776 4,782 328 2,573 255,809 173,665 $(18,115) $ 3,787 Increase (Decrease) in Working Capital Summary of Changes in Working Capital Increase (decrease) in working capital Cash and cash equivalents Marketable securities Accounts receivable Inventories Prepaid expenses Short-term loans Accounts payable, accrued liabilities and income taxes payable Current portion of debt and capital lease obligations Increase (decrease) in working capital $ (2,302) $ (2,243) (29,685) 38,510 23,181 15,290 5,521 (390) 297 127 (581) 503 (15,807) (47,065) 1,261 (945) $(18,115) $ 3,787 The accompanying notes are an integral part of this statement. 26