2019 NIGA CERTIFICATION COURSE
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(c) 2019 - N WADDELL, CPA, CGMA, PROFESSIONAL CORP.
ANALYSIS TOOLS TO REVIEW MANAGEMENT’S FINANCIALS: v HORIZONTAL / TREND YOY v VERTICAL / COMMON SIZE v BUDGET VS. ACTUAL v RATIOS
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TOOLS A CLOSER LOOK:
(c) 2019 - N WADDELL, CPA, CGMA, PROFESSIONAL CORP.
CASINO & HOTEL FINANCIALS (dollars in thousands) For the Year Ended December 31,
HORIZONTAL
2017
2016
2015
REVENUES: Casino
$ 1,228,540 77% $ 693,013 13% $ 614,227
Food and beverage
193,260 36% 119,095 26% 65,694 22% 1,606,589 63% (133,085) 47% 1,473,504 65%
142,032 45% 94,312 152% 53,839 53% 983,196 25% (90,300) 39% 892,896 24%
97,740 37,466 35,108 784,541 (64,757) 719,784
Hotel Other
TOTAL REVENUE
Less-promotional allowances
Net operating revenues
FORMULA: (THIS YEAR – LAST YEAR) / LAST YEAR
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(c) 2019 - N WADDELL, CPA, CGMA, PROFESSIONAL CORP.
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