Financial Results October 2021
Year to Date - October
October 2021
For the year 2021
For the Year 2020
Last
Last Year
Actual vs
Description
2021
2021
2020
Current Forecast
Last
Actual
Budget
Budget
Forecast
Budget
Actual
Budget
Actual
Forecast
1,232
959
1,299
270
(68) Rooms
6,048
8,890
5,707
8,000
7,466
11,599
6,147
242
177
335
28
(93) F & B - Banquet
849
1,389
1,076
1,284
1,218
2,336
1,078
570
424
353
174
218 F & B - Outlets
2,769
2,847
2,785
3,634
3,365
3,570
2,982
73
86
63
26
10 Others
494
489
340
646
669
620
472
2,117
1,646
2,050
497
67 Gross Operating Revenue
10,161
13,615
9,908
13,564
12,717
18,125
10,679
285
301
332
113
47 Rooms
1,611
2,180
2,036
2,236
2,211
2,849
2,206
608
490
710
165
101 F & B
2,778
3,909
3,810
3,894
3,705
5,406
3,905
48
61
71
13
23 Other Operating Dept.
280
402
454
423
437
543
481
941
853
1,112
291
172 Total Departmental Expenses
4,669
6,492
6,299
6,552
6,353
8,798
6,593
1,176
793
937
206
238 Departmental Contribution
5,492
7,123
3,608
7,011
6,364
9,327
4,086
272
284
311
139
39 Administration & General
1,778
2,331
2,342
2,374
2,369
2,980
2,708
187
197
229
99
41 Adv. & Business Promotion
950
1,666
1,216
1,290
1,315
2,093
1,304
136
143
137
90
1 Maintenance
855
1,257
1,022
1,145
1,169
1,541
1,092
70
46
52
69
(18) Utilities
561
688
617
710
663
813
679
665
669
728
396
64 Total Undistributed Expenses 302 GOP Before Management Fee
4,144
5,942
5,196
5,519
5,516
7,427
5,784
511
124
209
(190)
1,348
1,181
(1,588)
1,492
848
1,900
(1,697)
20
15
22
5
2 Management Fees
102
143
94
134
125
190
92
491
108
188
(194)
304 GOP After Management Fee
1,246
1,038
(1,681)
1,358
723
1,710
(1,789)
(92)
(92)
(102)
(101)
11 Property & Land Tax
(927)
(1,024)
(1,027)
(1,111)
(1,111)
(1,229)
(1,229)
(16)
(23)
(16)
(7)
(0) Property Insurance
(204)
(159)
(186)
(249)
(256)
(191)
(204)
(108)
(114)
(118)
(108)
10 Total Non-Operating Income/(Expenses)
(1,234)
(1,183)
(1,204)
(1,463)
(1,469)
(1,420)
(1,377)
383
(6)
69
(303)
314 EBITDA
12
(145)
(2,885)
(104)
(746)
290
(3,166)
-
-
-
-
- Replacement Reserves
-
-
-
-
-
-
-
383
(6)
69
(303)
314 EBITDA less Replacement Reserves
12
(145)
(2,885)
(104)
(746)
290
(3,166)
(33)
(40)
(70)
(56)
38 Depreciation & Amortisation
(482)
(687)
(556)
(562)
(590)
(828)
(656)
4
0
1
1
3 Interest Income
6
13
32
6
2
15
34
(29)
(40)
(69)
(55)
41 Net Other Income/(Expenses)
(476)
(675)
(524)
(556)
(588)
(813)
(622)
355
(46)
0
(357)
354 Net Income after Tax
(464)
(820)
(3,409)
(661)
(1,334)
(523)
(3,788)
45.4%
37.2%
47.6%
8.5%
(2.3%) Occupancy - Available Rooms (%)
21.8%
32.3%
20.4%
24.8%
23.2%
35.2%
18.3%
434
413
431
497
3 ADR
451
444
450
438
437
442
451
197
153
205
42
(8) RevPar
98
143
92
109
101
156
83
76.9%
68.6%
74.4%
58.2%
2.4% Rooms Dept. Profit %
73.4%
75.5%
64.3%
72.1%
70.4%
75.4%
64.1%
25.2%
18.3%
(3.2%)
18.3%
28.3% F&B Dept. Profit %
23.2%
7.7%
1.3%
20.8%
19.2%
8.5%
3.8%
55.6%
48.2%
45.7%
41.5%
9.8% Dept. Contribution %
54.1%
52.3%
36.4%
51.7%
50.0%
51.5%
38.3%
31.4%
40.7%
35.5%
79.6%
4.1% Undistributed Expenses %
40.8%
43.6%
52.4%
40.7%
43.4%
41.0%
54.2%
23.2%
6.6%
9.2% (39.1%)
14.1% GOP % After Management Fee
12.3%
7.6% (17.0%)
10.0%
5.7%
9.4% (16.8%)
835
831
1,088
272
253 TOTAL LABOUR COST
4,409
6,486
5,831
6,270
6,188
8,708
6,109
4
39.5%
50.5%
53.1%
54.6%
13.6% TOTAL LABOUR COST %
43.4%
47.6%
58.9%
46.2%
48.7%
48.0%
57.2%
142
142
142
63
0 Number of FTEs
83
111
97
93
94
118
88
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