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Hilton Hotels, 1952 Annual Report
Image 14
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Hilton Hotels Corporation. Hilton Hotels, 1952 Annual Report - Image 14. 1952. Hospitality Industry Archives, Conrad N. Hilton College of Hotel and Restaurant Management, University of Houston. University of Houston Digital Library. Web. November 16, 2019. https://digital.lib.uh.edu/collection/hiltonar/item/736/show/721.

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. (1952). Hilton Hotels, 1952 Annual Report - Image 14. 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/736/show/721

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, 1952 Annual Report - Image 14, 1952, Annual Reports from the Hospitality Industry Archives, Hospitality Industry Archives, Conrad N. Hilton College of Hotel and Restaurant Management, University of Houston, accessed November 16, 2019, https://digital.lib.uh.edu/collection/hiltonar/item/736/show/721.

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, 1952 Annual Report
Creator (LCNAF)
  • Hilton Hotels Corporation
Publisher Hilton Hotels Corporation
Date 1952
Description Hilton Hotels Annual Report for calendar year 1952.
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 14
Format (IMT)
  • image/jpeg
File Name hiltonar_201609_005_014.jpg
Transcript COMPARATIVE CONSOLIDATED BALANCE SHEET HILTON HO ASSETS Dec. 31, 1952 Dec. 31, 1951 CURRENT AND WORKING ASSETS Cash $ 7,148,506.31 $ 7,289,411.55 Marketable Securities—U.S. Treasury Bonds jH 710,000.00 $ 710,000.00 Accounts and Notes Receivable $ 6,259,093.06 $ 5,052,491.73 Less: Reserve for Doubtful Accounts 187,107.31 128,755.32 $ 6,071,985775 $ 4,923,736.41 Inventories of Merchandise and Supplies (At Cost) $ 2,475,939.32 $ 2,246,847.42 Other Current Assets Cash in Banks for Payment of Income Taxes $ 1,365,589.94 $ 1,775,156.22 Investment Mortgage Notes and Leasehold Sales Agreement Payments Receivable Within One Year (Note 2) 1,979,747.98 372,000.00 Other 726,188.77 699,117.89 $ 4,071,526.69 $ 2,846,274.11 Total Current Assets $ 20,477,958.07 $18,016,269.49 RESTRICTED CASH—R.F.C. ESCROW CASH ACCOUNT $ $ 13,325.01 INVESTMENTS—(Note 2) Bermuda Development Company, Ltd $ 265,832.00 $ 265,832.00 Installment Sales Contract Note 46,000.00 372,000.00 First Mortgage Real Estate Installment Note 889,591.33 Chattel Mortgage Installment Note 216,358.03 Leasehold Sales Agreement 3,050,000.00 Other 1,200.00 26,200.00 $ 4,468,981.36 $ 664,032.00 Less: Amounts Due Within One Year (Above) 1,979,747.98 372,000.00 Total $ 2,489,233.38 $ 292,032.00 Fixed assets—(Note 3) Land $ 13,908,433.59 $14,179,155.86 Buildings 54,611,303.54 52,944,188.99 Furniture and Equipment 13,576,235.42 13,310,315.81 Leaseholds and Improvements 18,784,962.15 15,982,220.97 $100,880,934.70 $96,415,881.63 Less: Reserve for Depreciation and Amortization 44,181,839.12 40,309,350.48 $ 56,699,095.58 $56,106,531.15 Rehabilitation, Revisions and Alterations 3,718,996.67 3,041,100.36 Operating Equipment 2,071,332.94 2,026,796.67 Total $ 62,489,425.19 $61,174,428.18 OTHER ASSETS AND DEFERRED CHARGES Non-Operating Property—Beverly Hills, California—Land $ 3,012,117.62 $3,012,117.62 Development Costs—Beverly Hills, California 136,809.93 Security Deposits Under Leases 25,134.30 339,418.72 Pre-Opening Expenses 38,959.59 55,979.36 Organization Expenses 320,769.07 282,800.40 Other Assets and Deferred Charges 511,572.74 461,346.72 Total $ 4,045,363.25 $ 4,151,662.82 total assets $ 89,501,979.89 $83,647,717.50 Notes to financial statements form an integral part of this statement and should be considered in connection therewith. 12