THE ROYAL ISLANDER 2010
9,129
NUMBER OF INTERVALS
INCOME STATEMENT COMPARISON BETWEEN 2010 AND 2011 (US$) % DIF.
DESCRIPTION
Cost Interval Std
$899
2011
% DIF. VS
%
BUDGET
FORECAST ’10
VERTICAL
BUDGET
FORECAST
8,143,022 54,774 14,741 8,212,538
8,143,022 54,774 8,583 8,206,379
0.0% 0.0% -41.8% -0.1%
17,731 13,298 31,029 8,243,566
18,982 15,325 34,307 8,240,687
7.1% 15.2% 10.6% 0.0%
843,376 450,038 795,042 715,101 285,123 231,352 268,861 128,870 804,809 138,556 48,424 36,685 79,116 36,501 33,224 55,327 4,950,406
857,843 470,086 815,249 792,089 245,540 245,757 287,617 126,325 816,685 147,399 46,835 36,475 75,933 36,413 25,469 47,893 5,073,607
1.7% 4.5% 2.5% 10.8% -13.9% 6.2% 7.0% -2.0% 1.5% 6.4% -3.3% -0.6% -4.0% -0.2% -23.3% -13.4% 2.5%
740,275 356,327 150,979 96,730 25,222 54,721 19,003 20,288 10,500 244,077 1,718,122 1,575,038
740,275 364,604 153,248 94,352 26,020 56,233 21,648 19,065 12,245 247,435 1,735,125 1,431,955
0.0% 2.3% 1.5% -2.5% 3.2% 2.8% 13.9% -6.0% 16.6% 1.4% 1.0% -9.1%
-23,216 113,521 90,305 1,484,733
-20,860 94,302 73,442 1,358,513
-10.1% -16.9% -18.7% -8.5%
255,612 429,042 103,733 85,808 874,196 610,537 610,537
332,490 529,508 96,049 144,411 1,102,458 256,055 (408,292) 664,347
30.1% 23.4% -7.4% 68.3% 26.1% -58.1% 0.0% 8.8%
(424,000) 186,537
(150,000) 106,055
Non cash provision for Uncollectible Accounts Net Income After Provision
(150,000) 163,593
3,442,226 2,000,841 1,419,037
3,379,098 2,018,158 1,742,646
Accounting Reserves Hurricane Reserve Club Cash Reserve
3,542,691 2,001,399 1,149,060
$/INTVAL.
GENERAL REVENUE Dues Income Taxes Other Subtotal RESORT REVENUE Guest Laundry Other Income Subtotal Total Revenue RESORT OPERATING EXPENSES Housekeeping Services Housekeeping Maintenance Electricity Maintenance & Machine House Water & Sewage Security Front desk Int. & Guest Laundry Fixed Assets & Major Repairs Landscaping Sport Services Telephone (Net Result) Social Activities Operational Services Resort Insurance Courtesy Shuttle Total Operating Expenses GENERAL & ADMIN EXPENSES Management Fee Corporate Services Accounting Administration Training Human Resources Other Expenses Auditing Printing & Miscellaneous Payments Membership Services Total General & Admin Expenses Operating Income FINANCIAL EXPENSES/INCOME Interest Earned Credit Card Commission CSF Total Financial Expenses/Income Income Before Taxes TAXES Taxes V. A. Tax Non recoverable Property Tax & Other Exp. Occupancy Tax Total Taxes Net Income Peso Exchange Adjustment Net Income Operation
8,208,167 319,515 8,926 8,536,608
0.8% 483.3% 4.0% 4.0%
95.8% 3.7% 0.1% 99.6%
899.13 35.00 0.98 935.11
20,235 14,454 34,689 8,571,297
6.6% -5.7% 1.1% 4.0%
0.2% 0.2% 0.4% 100.0%
2.22 1.58 3.80 938.91
939,239 550,871 905,836 828,659 234,408 297,022 317,711 156,767 684,376 161,720 61,164 41,663 86,909 38,401 19,043 48,179 5,371,968
9.5% 17.2% 11.1% 4.6% -4.5% 20.9% 10.5% 24.1% -16.2% 9.7% 30.6% 14.2% 14.5% 5.5% -25.2% 0.6% 5.9%
11.0% 6.4% 10.6% 9.7% 2.7% 3.5% 3.7% 1.8% 8.0% 1.9% 0.7% 0.5% 1.0% 0.4% 0.2% 0.6% 62.7%
102.89 60.34 99.23 90.77 25.68 32.54 34.80 17.17 74.97 17.72 6.70 4.56 9.52 4.21 2.09 5.28 588.45
746,197 372,058 156,565 105,393 26,620 57,672 23,495 19,756 13,000 255,121 1,775,877 1,423,452
0.8% 2.0% 2.2% 11.7% 2.3% 2.6% 8.5% 3.6% 6.2% 3.1% 2.3% -0.6%
8.7% 4.3% 1.8% 1.2% 0.3% 0.7% 0.3% 0.2% 0.2% 3.0% 20.7% 16.6%
81.74 40.76 17.15 11.54 2.92 6.32 2.57 2.16 1.42 27.95 194.53 155.93
-24,448 92,039 67,591 1,355,861
17.2% -2.4% -8.0% -0.2%
-0.3% 1.1% 0.8% 15.8%
-2.68 10.08 7.40 148.52
319,515 471,946 122,093 128,713 1,042,268 313,593
-3.9% -10.9% 27.1% -10.9% -5.5% 22.5% 100.0% -52.8%
3.7% 5.5% 1.4% 1.5% 12.2% 3.7% 0.0% 3.7%
35.00 51.70 13.37 14.10 114.17 34.35 0.00 34.35
313,593
R OYA L R E S O R T S L I F E \ \ \ 2 0 1 1
66-69 Financials RR2011.indd 69
69
30/11/2010 16:42