BOR OUGH
BLOCK
LOT
5. INCOME
PRIOR YEAR
REPORTING YEAR
A. Departmental income - Rooms
Food and beverage
Telephone
Conferences and exhibits
Parking
Other departments:
TOTAL DEPARTMENTAL INCOME
B. Income from rental tenants (except related tenants)
C. Other income:
TOTAL INCOME
6. EXPENSES
A. Departmental expenses - Rooms
All other departments
TOTAL DEPARTMENTAL EXPENSES
B. Undistributed operating expenses
Administrative and general
Marketing
Management fee
Franchise fee
Energy
Property maintenance
Insurance
Other operating expenses:
TOTAL UNDISTRIBUTED OPERATING EXPENSES
C. Financial and other expenses:
Real estate rent expense
Real estate taxes
TOTAL EXPENSES
7. RECAPITULATION
Net departmental income (5A − 6A)
Total operating income (5A + 5B)
Total operating expenses (6A + 6B)
Net operating income
Net income
8. FURNITURE AND EQUIPMENT USED IN HOTEL OPERATIONS
Cost of items pur chased in re port ing year
____________________
Book cost of in ven tory at year end
____________________
De pre cia tion for re port ing year
____________________
Book cost, less ac cu mu lated de pre cia tion ____________________
9. LAND LEASE OR BUILDING LEASE
u Does the op era tor or a re lated per son pay rent pur su ant to an arms- length lease? _____
An nual rent $ _________________
u Does the les sor pay any of the op er at ing ex penses or real es tate taxes? _____ If yes spec ify:______________________________________________
u Does the rent vary with the in come from the ho tel op era tion? _____ If yes, spec ify: ___________________________________________________
__________________________________________________________________________________________________________________________
I
NSTRUC TIONS FOR TC 208: Com plete this sched ule and at tach it to an Ap pli ca tion for Cor rec tion. Re port in come and ex penses for the past cal en -
dar year or most re cently com pleted fis cal year. Re port ing for the prior year is op tional. Re port ing of ex penses other than op er at ing ex penses and rent is
op tional, but these ex penses must be re ported only in part 6C.
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TC 208
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