Hotel Income Statement Pdf

Chapters 4 through 8 discuss the three main financial statements used in financial analysis and hotel management reports that are used as management tools and to measure financial performance.

Hotel income statement pdf. Boc hong s in come statement includes all of the major items in the list above except for discontin ued operations. Hotel motel income expense report due date. Th is paper is a result of the comparative analysis of fi nancial results obtained from the four city hotels holiday inn belgrade falkensteiner hotel belgrade hotel zira in. Inventory control methods have been revised to improve conceptual understanding with greater emphasis placed on perpetual inventory.

Miguel dos santos general manager polana serena hotel mozambique rahim azad general manager dar es salaam serena hotel tanzania directors and administration. They are typically carried out on a monthly quarterly and annual basis. Cost of goods sold or that expires due to the passage of time ex. Financial statements consolidated income statement 37 consolidated statement of comprehensive income 38.

Expense cannot be mixed with expenditure. In chapter 2 understanding financial statements greater emphasis is given to creating an income statement statement of ownership equity and bal ance sheet. The purpose is to introduce students to the actual use and appli cation of financial reports in the operations of departments within a hotel or. Stakeholders along with the hotel management can gain an insight into the fi nancial situation business activities of an enterprise its cash fl ows etc.

Annual report financial statements 2017 our portfolio budapest royal residences london 10 whitehall place residences malta oasis at h al ferh st petersburg nevskij plaza shopping office centre tripoli corinthia commercial centre our portfolio hotels. Cash at bank this closing bank balance of a year from the bank reconciliation or bank statement which is ending balance as at 31st december. Cash on hands ending balance as at 31 december of cash held on hand. In arriving at net income the statement presents the following subtotals.

In the accounting terminology expense is an income statement account representing the cost of items consumed in the process of generating revenue ex. Dc code 47 821 stipulates that all information contained in this report shall be kept in strict confidence. You may also see p l statement referred to as your hotel income statement profit and loss report statement of financial results income and expenses statement or statement of profit and loss. Chapter 4 income statement and related information 4 3 illustration illustration 4 2 presents an income statement for boc hong company.

April 15 2014 reporting period january 1 2013 to december 31 2013 complete this report in accordance with accounting methodologies used for federal income tax reporting.