Magazine

10 11
PROFIT & LOSS 2011
OCCUPANCY AND CASH FLOW 2011
This section gives an overview of the financial situation during the year
2011, Hotel La Luz’s third full operational year.
NB the layout of the profit and loss statement has been adjusted
compared to earlier years, in order to incorporate reservations made for
the hotel’s continuation.
Revenues
US$
Hotel $ 166,045
Restaurant $ 7,947
Bar $ 12,507
La Luz trips $ 15,376
Cash in
US$
Operational result $ 56,582
Donations $ 6,250
Total cash in $ 62,832
The table below shows the cash position and cash movement relative to the
room occupancy rate of the hotel through the year. The cash movement in
2011 followed the pattern of occupation: dropping in the slow months of May,
June, September and October. The unusually high cash flow in January and
negative cash flow in February are explained by pre-payments received in
January and, to a lesser extent, by post
payments received in March and April, both for groups
and individuals staying in the hotel in February.
Other $ 3,931
Total revenues hotel $ 205,806
Cash out
US$
Cash out education $ 43,279
Income taxes $ 3,560
Losses on foreign
exchange
$ 166
Total cash out $ 47,005
Cash result $ 15,827