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Marriott Corporation, 1976 Annual Report
Image 31
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Marriott International, Inc.. Marriott Corporation, 1976 Annual Report - Image 31. 1976. Hospitality Industry Archives, Conrad N. Hilton College of Hotel and Restaurant Management, University of Houston. University of Houston Digital Library. Web. August 11, 2020. https://digital.lib.uh.edu/collection/hiltonar/item/956/show/946.

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.. (1976). Marriott Corporation, 1976 Annual Report - Image 31. 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/956/show/946

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, 1976 Annual Report - Image 31, 1976, Annual Reports from the Hospitality Industry Archives, Hospitality Industry Archives, Conrad N. Hilton College of Hotel and Restaurant Management, University of Houston, accessed August 11, 2020, https://digital.lib.uh.edu/collection/hiltonar/item/956/show/946.

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, 1976 Annual Report
Creator (LCNAF)
  • Marriott International, Inc.
Publisher Marriott International, Inc.
Date 1976
Description Marriott Corporation Annual Report for the 52 weeks ending on July 30, 1976.
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 31
Format (IMT)
  • image/jpeg
File Name hiltonar_201609_047_031.jpg
Transcript Consolidated Shareholders' Investment Common Stock Net Deferred Marriott Corporation and Subsidiaries for the Fiscal Years ($1.00 par Capital Stock Retained Ended July 30,1976 and July 25,1975 value) Surplus Compensation Earnings* Balance, July 26,1974 $31,183,000 $155,113,000 $2,891,000 $37,923,000 Acquisition of companies 179,000 (10,000) 112,000 Net income — — — 21,818,000 Common stock issued — 2%% Stock dividend at market 790,000 11,064,000 (11,854,000) Employee stock purchase plan 138,000 1,137,000 Contribution to profit sharing plan 200,000 2,767,000 Deferred stock compensation plans and stock issuance expenses 17,000 (97,000) 365,000 — Balance,July25,1975 32,507,000 169,974,000 3,256,000 47,999,000 Acquisition of companies and land 82,000 447,000 — (73,000) Net income — — — 30,845,000 Common stock issued— Public offering 1,250,000 20,535,000 — — 2%% Stock dividend at market 865,000 14,331,000 — (15,196,000) Employee stock purchase and stock option plans 588,000 3,391,000 - - Contribution to profit sharing plan 260,000 3,655,000 — — Deferred stock compensation plans and stock issuance expenses 15,000 (83,000) 696,000 — Balance, July 30,1976 $35,567,000 $212,250,000 $3,952,000 $63,575,000 * 1974 and 1975 balances restated for the retroactive effect of accounting change for recognizing foreign exchange adjustments. The accompanying notes are an integral part of this statement. Auditors' Report To the Shareholders of Marriott Corporation: We have examined the consolidated balance sheet of MARRIOTT CORPORA TION (a Delaware corporation) and Subsidiaries as of July 30,1976, and July 25,1975, and the related statements of consolidated income, shareholders' investment and changes in financial position for the fiscal years then ended. Our examination was made in accordance with generally accepted auditing standards, and accordingly included such tests of the accounting records and such other auditing procedures as we considered necessary in the circumstances. In our opinion, the aforementioned consolidated financial statements present fairly the financial position of Marriott Corporation and Subsidiaries as of July 30,1976, and July 25,1975, and the results of their operations and changes in their financial position for the fiscal years then ended, in conformity with generally accepted accounting principles consistently applied during the periods. ARTHUR ANDERSEN & CO. Washington, D.C, September 7,1976. 29