Analysis Of The Income Statement For 2020

Provide your analysis of the Income Statement for 2020 :

Hotel du Port                Year 2020         All amounts in Swiss Francs (CHF)

Account                                     Account Balance

Insurance                                          21’000

Rooms department – salaries and wages     155’000

Food department – salaries and wages        163’000

Beverage department – salaries and wages     42’000

Food department – supplies             42’000

Cost of food sold                    181’000

Cost of beverage sold            63’000

Room sales                         775’000

Interest expense                  85’000

Food sales                        341’000

Beverage sales                 115’000

A&G – salaries and wages           185’000

Beverage department – supplies          13’000

Advertising                                         24’000

Maintenance contract                     59’000

Depreciation                                     52’000

Heat                                            40’000

Power & Lights                            32’000

Rooms department – supplies         10’000

Property taxes                                     25’000

Property taxes                                    25’000