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Hilton Hotels, 1955 Annual Report
Image 16
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Hilton Hotels Corporation. Hilton Hotels, 1955 Annual Report - Image 16. 1955. Hospitality Industry Archives, Conrad N. Hilton College of Hotel and Restaurant Management, University of Houston. University of Houston Digital Library. Web. July 12, 2020. https://digital.lib.uh.edu/collection/hiltonar/item/886/show/873.

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. (1955). Hilton Hotels, 1955 Annual Report - Image 16. 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/886/show/873

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, 1955 Annual Report - Image 16, 1955, Annual Reports from the Hospitality Industry Archives, Hospitality Industry Archives, Conrad N. Hilton College of Hotel and Restaurant Management, University of Houston, accessed July 12, 2020, https://digital.lib.uh.edu/collection/hiltonar/item/886/show/873.

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, 1955 Annual Report
Creator (LCNAF)
  • Hilton Hotels Corporation
Publisher Hilton Hotels Corporation
Date 1955
Description Hilton Hotels Annual Report for calendar year 1955.
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 16
Format (IMT)
  • image/jpeg
File Name hiltonar_201609_008_016.jpg
Transcript ond December 31, 1955 Hilton Hotels Corporation ASSETS CURRENT ASSETS Cash $ 18,532,504.83 Marketable Securities—U. S. Treasury Bonds 100,000.00 Accounts and Notes Receivable $ 12,783,267.20 Less: Reserve for Doubtful Accounts 348,960.95 12,434,306.25 Inventories of Merchandise and Supplies (At Cost).... 3,382,775.99 Other Current Assets Cash in Banks for Payment of Income Taxes $ 224,482.56 Investment Mortgage Note Payments Receivable Within One Year 2,902,181.50 Prepaid Expenses 1,791,984.03 Other 251,366.76 5,170,014.85 Total Current Assets $ 39,619,601.92 INVESTMENTS Securities—Other than Marketable $ 270,850.00 Installment Sales Contract Notes 13,975,748.54 Securities and Indebtedness of Affiliates—Not Current. . 4,500,000.00 Other Investments 508,815.21 $ 19,255,413.75 Less: Amounts Due Within One Year—(Above) 2,902,181.50 Total 16,353,232.25 FIXED ASSETS— Land $ 13,466,645.01 (Note 2) Buildings 71,553,880.82 Furniture and Equipment 37,013,311.34 Leaseholds and Improvements 22,342,311.27 $144,376,148.44 Less: Reserve for Depreciation and Amortization 41,657,105.90 $102,719,042.54 Rehabilitation, Revisions and Alterations 2,836,176.39 Operating Equipment 4,629,701.37 Total 110,184,920.30 OTHER ASSETS AND Non-Operating Property—Land $ 391,968.17 DEFERRED CHARGES Pre-Opening and Preliminary Investigation Expenses. . 1,711,009.27 Organization Expenses 345,804.37 Unamortized Mortgage and Loan Expense 361,775.01 Other Assets and Deferred Charges 941,107.39 Total 3,751,664.21 TOTAL ASSETS $169,909,418.68 Notes to Financial Statements form an integral part of this statement and should be considered in connection therewith. 14 «»