DUKES HOTEL LIMITED

DUKES HOTEL LIMITED FINANCIAL STATEMENTS January 2010 Prepared by: Olivia Lord Distribution: Michael Scully Shaju Perinchery Cordon Campbell Gray Bhulo Kansagra Lisa Forrell Simon Hirst Patrice Tonini Debrah Dhugga EFTA00726616 INDEX PAGE FINANCIAL STATEMENTS Summary Profit & Loss - Month 3 Summary Profit & Loss - Year-to-date 4 Headcount - Month 5 Headcount - Year-to-date 6 Balance Sheet 7 Yearly Outlook - Actual Forecast 8 Yearly Outlook - Actual Budget 9 Hotel Summary 10 DEPARTMENTAL PROFIT & LOSS Rooms Division 13 Reception 14 Concierge 15 Reservations 16 Housekeeping 17 F&B Division 18 The Dining Room 20 The Drawing Room 23 Dukes Bar 26 Room Service 30 Meeting and Private Dining 34 Minibar 38 Kitchen 39 Food and Beverage Administration 40 Telephone 41 Laundry & Valet 42 Health Club 43 Other Income 44 Administration Division 45 Executive Office 46 Finance 47 Human Resources 48 Sales and Marketing 49 Utilities 50 Repairs and Maintenance 51 Fixed Charges 53 EFTA00726617 Dukes Hotel Limited HOTEL SUMMARY ACTUAL Month BUDGET January 2010 LAST YEAR VAR. BUDGET VAR. LAST YR Available Rooms 2,790 2.790 2.790 Occupancy % 58.8% 60.3% 58.9% .1.5% 9.1% Occupied Rooms 1,525 1,674 1,622 (49) 3 Complimentary Rooms 15 8 20 7 (5) Guests 2,134 2.203 2.143 (69) (9) Average Room Rate 23152 214.60 201.99 1711 29.83 RevPar 136.27 129.38 118.88 6.89 17.39 REVENUE Rooms 380,180 360,964 331,668 19216 5.3% 18,512 144% Food le Beverage 123,751 126,140 122,113 (2,389) -1.9% 1,608 Is% Telephone 831 1,278 1,429 (447) -350% (598) -418% Health Club& Spa 3.393 5346 3,339 (1,953) -365% 54 16% Laundry / Valet 3.387 3,108 2.268 278 9.4% 1,118 493% Other Operating 3.230 4,424 4,114 (1,193) -270% (884) -215% TOTAL REVENUE 514,773 501,260 464,961 13,513 27% 49,812 10.7% DEPARTMENT INCOME Rooms 255,722 49.7% 236,347 472% 207,113 443% 19,375 82% 48,609 235% Food le Beverage 19,949 33% 3,615 5.1% 28,666 62% (5,665) -22.1% (8,716) -304% Telephone 222 90% 1,0'S 0.2% 3,574 NA (801) -783% (3,353) 431% Health Club& Spa (179) an 600 0.1% DAM .04% (784) 429.6% 1,488 393% Laundry/ Valet (715) en 311 on 360 on (1,026) .3300% (1,074) -H39% Other Operating 2,910 116% 2.123 0.5% 3,717 oss 487 10.1% (887) -23.4% TOTAL DEPT. INCOME 277,910 54.0% 266,324 53.1% 241,843 sem 11,586 sm 36,067 14.9% Admin.& General 45,959 tax 40,261 o.os 40,949 es% 5,697 142% 5,010 122% Sales & Marketing 33.676 6.5% 31,626 6.3% 33,645 72% 2,460 63% 31 0.1% Repairs & Maintenance 27.293 5.3% 30,529 6.1% 31,820 6)3% (3,236) -196% (4.527) -142% Heat Light & Power 11,146 22% 10,249 2.0% 13,865 3/3% 896 82% (2,719) -194% TOTAL OVERHEAD DEPT. 118,073 239% 112,666 =3% 120,278 EA% 5,407 4.8% (2.205) 4.8% GROSS OPERATING PROFIT 159,836 31.0% 153,657 352% 121,564 26.1% 6,179 4.0% 38,272 313% Insurance 1.857 A4% 5,194 1.0% (3,926) es% (3,337) -643% 5,783 -147.3% Rates 32,242 6.3% 32.258 6.4% 30,165 63% (16) 183% 2,077 6.9% Rent & Senice Charges Lease Equipment 40,716 750 73% 91% 26,701 0 5.3% 0.0% 22,967 0 4.9% 00% 14,014 750 us% 0A% 17,7490 0 750 773% 0; Management Fees 22.192 4.3% 21,376 4.3% 18,595 4/3% 817 3)3% 3,998 193% FF&E Reserves 20,552 40% 20,050 4.0% 18,598 40% 501 23% 1,553 103% Other Fixed Costs 592 an. • an. 4,852 10% 592 WA (4,260) -878% EB1TDA 40,936 to% 48,078 9.6% 30,314 63% (5,232) 44.9% 11,913 35.0% Depreciation 16,775 3.3% 17,167 3.4% 34,600 7A% (392) -23% (17,825) -515% Interest 84,750 16.5% 79,620 159% 86,356 136% 5,130 6.4% (1,606) -1.9% NET PROFIT (60,589) noso $8,7016 4.7% (90,642) 493% (9,976) 24.4% 31,344 432% FINANCIAL STATEMEN15 20119 2010 . 09101AN 2010v / SUMMARY P&L Pap 3 of 52 15/02/2010/ 1219 EFTA00726618 Dukes Hotel Limited: Year-to-date January 2010 HOI FL SUMNIAR1 ACTUAL BUDGET LAST YEAR VAR. BUDGET VAR. LAST YR Available Rooms 27.540 27,540 27,510 Occupancy % 71.6% 74.5% 73.3% 4.8% 4.7% Occupied Rooms 19,576 20,359 20,007 (783) (431) Complimentary Rooms 151 152 191 2 (37) Guests 27,345 26,924 26,324 421 1,021 Average Room Rate 247.01 732.73 236.56 14.79 10.48 RevPar 176.98 172.97 173.50 4.01 3.49 REVENUE Rooms 4,874,149 4,763,719 4,778,061 110.631 23% 96,088 20% Food & Beverage 1,473,726 1,487,894 1,394,444 04360 .13% 29,282 2.1% Telephone 15,733 19,792 31,461 (4,059) -203% (15,731) -500% Health Club& Spa 36729 52.377 36,513 (13,618) -26.1% 2,215 6.1% Laundry/Valet 36,178 36344 41,427 (165) -03% (5,248) -127% Other Operating 36118 51,786 38,965 (16,669) -30.4% (847) -22% TOTAL REVENUE 6,426,633 6A14,911 6.320,874 11,722 02% 105,759 1.7% DEPARTMENT INCOME Rooms 3,528,233 54.9% 3,426.847 533% 3,360,494 532% 101,386 30% 167,738 50% Food & Beverage 413,275 63% 430,591 6.7% 332,228 5.3% (25,317) -5.9% 73,017 220% Telephone (8.730) OA% 14,854 0.2% 6,968 01% (23,134) .155.7% (15,248) me.s% Health Club& Spa (4.572) -0.1% 5,246 OA% 02.003) .02% (Ulf, .197.1% 7,431 .61.9% Laundry / Valet 4875 cii% 3.053 0.0% 7.070 0.1% 3,822 1252% (191) ,373 -27% Other Operating 33,506 0.5% 32.887 0.5% 32,183 05% 619 1.9% 4 TOTAL DEPT. INCOME 3,961,038 613% 3,913,478 Hs% 3,726,940 39.0% 47,559 1.2% 234,097 6.3% Admin & General 501,629 78% 417,015 63% 459,113 73% 84,584 203% 42,516 93% Sales & Marketing, 320,493 5.0% 317,487 4.9% 381,132 on 3,007 0.9% (60.639) -15.9% Repairs & Maintenance 179,044 43% 299,747 4.7% 314,310 50% (20,682) 4.9% (35,245) -112% Heat Light & Power 127,798 20% 128,190 2.0% 111,196 13% (392) -03% 16,602 14.9% TOTAL OVERHEAD DEPT. 1,228,985 19.1% 1,162,468 BM% 1,265,751 MO% 66517 5.7% (36,766) 49% GROSS OPERATING PROFIT 2,732,053 as% 2,751,010 429% 2,461,190 349% 00,958) .0.771 270,863 an Insurance 18,392 0.3% 51,940 os% 13,477 02% (33,548) 416% 4,965 370% Rates 326,778 31% 322.578 3.0% 307,678 4.9% 4,200 13% 19,100 62% Rent & Senice Charges 270.333 4.2% 265,318 4.1% 229,667 3,6% 5,015 1.9% 40,666 177% Lease Equipment 4768 0.1% • 0.0% • OA% 6,768 00% 6,768 ton Management Fees 335,484 12% 336,853 3.3% 319,490 51% 0.369) -03% 15,994 50% FF&E Reserves 257,144 4,0% 256,596 4.0% 249,581 3.9% 517 02% 7,563 3.0% Other Fixed Costs 41,136 oh% • 0.0% 35,411 66% 41,136 0% 5,195 145% EBITDA 1,476,019 73.0% 1517,725 222% 1,305,407 207% (41,706) .22% 170,612 1%1% Depreciation 167,750 26% 171,275 2.7% 314,700 5.5% (3,55) -2.1% (176,550) -513% Interest 838,805 13.1% 785,924 123% 860,605 133% 52,882 6.7% (21,799) -23% NET PROFIT 469,463 7m 560526 17% 100,102 14% (91.063) 462% 369,361 369.0% FINANCIAL SIATEMEN1S 201192010 . 09101Mb/10v / SUMMARY P&L Paw. o452 15/02/2010/ 1219 EFTA00726619 Dukes Hotel Limited Month January 2010 HEADCOUNT ANALYSIS ACTUAL BUDGET ACTUAL BUDGET VARIANCE REVENUES Rooms 380,180 360,964 Food & Beverage 123,751 126.140 Telephone 831 1,228 Health Club 3,393 5346 laundry / Valet 3,387 3,108 Other Operating Departments 3,230 4424 Total Revenue 514,773 501,260 LABOUR & BENEFITS as %OF DEPARTMENTAL REVENUE Rooms 77.598 204% 80,930 22.4% 505 52.2 (1.7) Food & Beverage 63.609 51.4%. 60,658 an 35.8 343 15 Telephone 0 ao% 0 4.44. 0.0 [repeated 3 times] Health Club 3,218 59,8% 3,207 own 1.7 1.8 (0.1) LABOUR & BENEFITS as 96 OF TOTAL REVENUE Administration &General 27.532 5.3'4 20401 4.1% 53 53 0.0 Sales & Nlarketing 0 au% 0 aux 0.0 [repeated 3 times] Repairs & Nbintenance 7.593 is% 9.544 1.4% 4.0 4.2 (0.2) Total Labour 179,549 34.9% 171963 3L93/4 97.3 97.7 (19) SALES PER EMPLOYEE PER MONTH Rooms 7.531 6,920 Food & Beverage 3458 3483 Telephone 0 0 Health Club 1,984 2.970 Total Hotel 5,292 5,130 FINANCIAL SEAT MIEN'S 2019 2010 0910 MN 2010v / HEADCOUNT Pap 5 of 52 15/02/2010/ 1219 EFTA00726620 Dukes Hotel Limited Year-to-date January 2010 HEADCOUNT ANALYSIS REVENUES ACTUAL % BUDGET % ACTUAL BUDGET VARIANCE Rooms 074149 4,763,719 Food & Beverage 1,423,726 1,487,894 Telephone 15,733 19,792 Health Cub 38,729 52.377 Lauruhy / Valet 36,178 36.344 Other Operating Departments 38,118 56.786 Total Revenue 6,426,633 6,414,911 LABOUR & BENEFITS as %OF DEPARTMENTAL REVENUE Rooms 768,041 an 795,617 162% 503 52-2 019 Food & Beverage 574,521 40A% 593,865 39.9% 35.0 343 OB Telephone 0 0.0% 0 09% 0.0 [repeated 3 times] Health Club 31,976 826% 31,813 007% 1.8 1.8 (0.0) LABOUR & BENEFITS as 96 OF TOTAL REVENUE Administration & General 222327 33% 208,063 3.2% 51 5.3 (0.1) Sales & Marketing 0 00% 0 0.0% 0.0 [repeated 3 times] Repairs & Maintenance 88206 1.4% 93,694 13% to 4.2 (0-2) Total Labour 1,685,271 262% 1,723,053 446% 963 972 (IA) SALES PER EMPLOYEE PER MONTH Rooms 96,830 91,329 Food & Beverage 40,566 43,442 Telephone 0 0 Health Club 21,9% 29,0% Total Hotel 66,746 65,653 FINANCIAL SEATEMENIS 2019 2010. 0910 MN 2010v / HEADCOUNT Paw>60152 15/02/2010/ 1219 EFTA00726621 Dukes Hotel Limited BALANCE SHEET FIXED ASSETS Opening Balance March 2009 Balance Previous Month Movement January 2010 Closing Balance January 2010 Land / Hotels 5,000,000 [repeated 3 times] Land / Hotels Improvement Revaluation Reserves - Buildings Costs 10,650,836 10,653,523 10,653,523 Furniture And Fixtures 3,603,599 3,553,274 3,553,274 Antiques & Artwork 193,874 [repeated 3 times] Machinery And Equipment 3,436,204 3,479,477 7,089 3,486,566 Information Systems Equipment 354295 389,574 369,574 Construction In Progress - AD. Land / Hotels - AD. Building Costs (15,091) [repeated 3 times] AD. Furniture And Fixtures (2,460,517) (2,561,167) (16,775) (2,577,942) AD. Machinery & Equipment (2,683,468) (2,683,468) (203,468) AD. Information Systems Equipment (331,695) [repeated 3 times] TOTAL FIXED ASSETS 17,748,037 17,678,301 (9,686) 17,668,615 INVESTMENTS Investments TOTAL INVESTMENTS 0 [repeated 4 times] CURRENT ASSETS Bank 136,406 371,981 (249.315) 122.667 Inventory 162,833 187,946 (14.302) 173.644 Accounts Receivable 460.676 310,042 50012 360.053 Prepayments 111.111 149,779 (36,658) 113.121 TOTAL CURRENT ASSETS 894,247 1,019,748 (250,263) 769,485 TOTAL ASSETS 18,642,284 18,698,050 - 259,949 18,438,100 LIABILITIES Trade Creditors (446249) (460,232) (810) (461,042) Other Creditors (16,312) (23,796) (54.207) (78,003) Tax & National Insurance (44,533) 9,563 (40,675) (31,112) Accruals (384,448) (410,629) 257,252 (153,377) TOTAL CURRENT LIABILITIES (891541) (885,094) 161559 (723.535) LONG TERM LIABILITIES Bank Loans Shareholder Loan (15,180,994) (14,476,562) 58553 (14,418,209) TOTAL LONG TERM DEBTS (15,180,994) (14,476,562) 58,353 (14,418,209) RESERVES Capital Stock FF&E Reserve (236,592) (20,552) (257,144) Retained Earnings (13,607) (469,649) (469449) Retained Earnings (Current Year) (456,042) (530,052) 60.589 (469,463) Share Premium (2,100,101) (2,100,100) (2,100,100) TOTAL RESERVES (2,569,749) (3,336,393) 40,037 (3,296,356) TOTAL LIABILITIES (18,642,284) (18,698,050) 259,949 (18,438,100) FINANCIAL STATEMEMS 2009 2010- 0910 JAN 7010 v / BALANCE SI MET Pape 7 of 52 15/02/2010 / 1119 EFTA00726622 Dukes Hotel Limited Apr 3:09 Ma, 3:04 Pun 2039 1013101 Aug3:04 Sep 2039 0.1 3001 Nut:3309 Ow 3:09 Ian 3.110 F62010 1403410 Teta (badge LAM Tedr ACTUAL/FORECAST Actual Actual Mlual Aduu Actual [repeated 6 times] Turnast fourcaut 38194010 210%201° X‘19a3.19 Available Rasa. 2,,u) 2790 2.701 2.79) 3-790 2.70) 2.79) 2509 9.:350 2.793 2331 2 790 32450 3;850 32160 Odupa, N 7403% 700% 7823% 7082% 4903% 8141% 73.12% 53.19% 6042% UM% 7333% 68.28% 71.536, 74.056, 716149 Odupinl Roam 1,9% l.%5 2,129 2.277 1.367 2398 2.010 2.246 1,933 1,610 1.848 1,919 2-1497 24.324 /1„859 Avenge Room Rale 2056 27083 77730) 24035 00 25651 zoo raw 2052 23120 24437 25291 24604 23174 21167 fler Par 16322 16400 21526 0225 10122 20401 19202 21490 PA 35 142 174.95 173.99 17657 17160 16972 Rennet Roam 44007 457.554 581,201 51.6 179 301.937 Sµ866 5M)562 569323 50,92 382193 44006 48503 Locum 036.00 /97520 Food & Beverage 123014 12377$ 142246 07471 9100 1512(2 156.20) 163.926 197,155 121751 1160) 152229 102434 1.70.6(0 1.617.532 Teltehcee 2461 1104 260 1.971 1.114 1.2% 1483 1.019 921 231 102 1316 1031 23610 36360 'mad, ace 3531 3.787 401 5.033 170 4.093 4.520 1171 3316 3.393 4.0 4,016 47,60 65317 µ9E Vakt/Laundry 2412 2.977 408 3.9% 1.906 4.043 5.057 4340 202 3287 2.812 2,995 449E 4300 46.610 Oho Optrateng Dims 2991 2826 36% 3.545 1.48$ 5.535 40) 562)2 021 3.210 4.711 5315 48316 64811 51337 Total 409501 910.753 59/776 730494 60365 40/560 731.057 7µB57 717.8111 710.207 514773 571.20 631.434 3619,262 014.110 7.404.913 Rocam 015220 (116201 (15200/ (12100 1147.9181 113400/ (111.061 113/ 406) 1124.10) (124.4581 1124212) (136.752) 11/41,880 1459701) 11.710301/ Foods Benrcal& in A iC 497482) (104066) 05410) (104.539) (83.557) 11(6.012) (97.976) 11009901 (122379) (103902) 11022761 (111241) 11.23/068) 11.037191 11.279.044 Telephcre (1.712) (2.3501 (822) (5196) 11.40) 01.503) (1.713) 1707) 045) 0101 (272) (34/01 124392) 0317) 01231) 1 Icalth Club (3.432) (MA 16053) (53171 10141 0021) 0464) 142101 0249) (33721 15.261) (5.090) 453457) 457,089 atm) Vakt, I aumity (2.466) (2,56M (1(53) (3.155) (3.570) (3.o04) (4402) PPM (1.906) (4.102) 12,901 (3.361) 05,60) 10432/ 08424) OilwrOpnaung thr6 124 405 (416) (272) (4.727) (1.457) 1332) 2.519 Pal 13201 12,132/ (2.401) CLIC) 126.4331 0/2631 Departmental Income Rain. X6,159 321226 428390 415.341 1µ019 429,816 4(6396 434.115 331,810 26,83 31604 318396 4,193,492 4109,091 3.08.217 Foal Si Ilvwcagt 31,133 2092 46.636 32.914 9.744 47,190 58304 55.936 74.775 1940 14.3/0 4080 440566 503813 36801 Ttleehmt 756 15051 1.858 ono MI Orb) 071 392 76 212 1.090 1,229 (501) 17.172 4.919 I ImIth Club 119 142 V (20) CM) 020 19451 11339) (4331 (1791 040 000) 0,954) 7.640 02307) Vakt/Launary 1731 109 1,9:6 843 135 1,038 653 1.863 40 1715) 069) (377) 6330 3,758 802 thher Opening Ate 3115 3.431 X111 3211 15239) 4.09 6830 7.751 4,00 2.910 2521 2.911 34999 ARO 41.010 Total Dept. laclew 31007 35320 401816 08,1170 1µ7d 473,991 46051 4009 01201 777.910 334172 02.391 407,467 4.617;01 1.214137 Deducties From Imam, Mei. & C.04041 139.750) 0 83 151 (33.494) 17/.369) (32,837) (54.334) (4798) (40 35) (6.109) (4%91 (41,950 /44.972) 00336) 1041721 013,5411 Sales k Madan; 112,01) (3sffin aszo) (3,135) 03749/ (29.103) 07.2191 (20,9761 (41.751) (336761 (0.940) 1)005) 001.4431 06.7311 (/71,161) Repairs And Alamimunce 0.270 10414) 0414) MASI Ekon 03460) (M.209) 1:33,970) (284%) I21203I 0:0.0), MOS) (319,013) 060.20$1 MAW 1108. L1816 And Pow& 0.900) (74001 04271) (408) 00.7551 (39X/3) (7.632) (14331) (14(83) (11,146) OEM) 02349) ((523321 (02723) 026011 7.441 Dadottioni. 00277) 41µO%) 0031) 023,599) 0037411 055,9101 1109.6581 11435921 0004) 018031 11143951 019.914) 17,463,754) 113µ@g) 11.49904) Geo./ Operating Trots 234.779 231.699 36.%314 325.224 RAM 31081 354,70 333.967 210.0 15904 21907 27230 1224213 320.131 3770.131 Ode. Dtdocdons Inawarav (IAD) (1211) (011) (1694) 00 9) (1.813) (1.8451 1305) 0533) (Val 110 9) (1.639) 122.0701 162.3261 117.1551 Rani • &row Otaage 'non (20,x6) 05.ms) 13039) (24379) (EMS) (T-5.4921 ( 50 2) (3202) (46716) (310 7) 131.817) (333.50) (318.7211 1275049 Sots 132230 (35,810) 0.2.241) 02230 01.0712 02.242) 131.1401 02242) (1/242) 0220 (1210 00.250 (31323)) (MONO 0134341 F(8cE ResenT4 123.201 039111 (19.05) 127.535) 041423 (29241) (20263) 03,916) (20.5et) (20(552, Oasis) 06.(67) 200449) (3µ99D 0 hlaragmaant Fan 129.466) (3009 (44.163) 10539) 01,912) (3/ 790) (41.2631 (4200 (362 41) (22152) (29357) 134.963) (390613) (3µ74I 05800 °Kant rapallet (3.322) 3.382 0 sal 0 0 (41.210) 0 (4.417) 1592) 0 0 141.134) 0 01.1061 Lew Equipment 0 0101 (70) (745 1740 (70) 17401 1740 (00 17501 0401 (745 (6.20) 0 0 OITA% 119.04 13029 249.010 202.402 09051 189.715 1111221 3902 161291 40036 1µ159 14070 1.721,847 /.757.691 1.704911 Inlarn4 1774611 (29.62111 00.437) 0/490) (21,40 (86.935) 017370 0401 04.7(0 007301 05,146) 04.312) 11.08.303) (937.4941 11)347.50 Depectation 1166775) (140/31 (16.775) 116775) 06775/ (16.775) (07751 (16.7751 (16.775) (140751 (10751 116.775) 001,307) 1205.404) 601.291) Disposal 0 [repeated 15 times] Not hark 25,796 40.431 11102 1µ137 1127.3501 86001 77,371 122.117 59,713 1645691 1041 33563 502.244 6059i 456.042 IINANCIALSTATILEXISZISMO. MOAN 590v / rORRAIT 1,91144), 1100/3111/1 OA EFTA00726623 Dukes Hotel Limited ApLpl may 26» /an 20/9 lud 20% 2009 kp 2019 Ocl ZO» Nov 20)9 Dec 20» lan 7010 fob 2010 14.8t 71110 1401 Budget la/1Year ACTUAI/BUDGET Areal Adoal Adual Adual Anaal Adeal Attual Adual Adual Budget Ihedhet Budget 2020910 2(09/211111 20/4/20)9 Avedable Reche 2.70) 2,790 2.740 nee 1790 VO) 2.70) 270) 2-1% 2.70) IM 2790 32400 31100 3;450 Ocoigungy la 740)% 7(713% 7424% 7952% 41002 8111% 73.12% 53.193 69221% 6029% 7111% 7144% %Sek 71092 72690 Ocoigoed ROMS 1.99* 1.965 2129 2227 1267 II% 2/)/4 2.216 1,932 LM 1.172 2021 23.565 24321 22459 Awnipe Raum Rain =nm 23225 Mt) 21035 22053 3654 263.17 75157 26152 21440 22010 22922 34297 13124 23167 ReoPer 16322 16400 21526 19223 109.22 20614 19242 21053 181.% 12939 1623) 16648 17437 17150 16922 Res Rowe 410567 151%1 581.308 536379 301.937 5634% $36502 56932 906,953 3/0.421 102753 04.469 17/11.131 5.636,910 53734120 Fuod 6 Ilmersege 122614 124279 142.216 137473 93.300 152= uösso 162.926 197,155 126210 141,179 152229 1219523 1241,601 1641512 Tul.pharke 2568 /554 2.6% 1.972 1.116 1.2% 1425 1.099 921 1278 1362 156 19,011 22.6% 36.160 /Huld/ Club 3551 3.747 teei 50% SM 4.093 4.531 3.171 3216 5.3e 2951 6.016 53452 61317 42976 Vake/ La undry 2412 1977 41411 3.9% 1.936 4.043 5267 1.940 2542 3.1% 1312 3.2ö 42.917 15290 12240 020 Opaneins Dvph 2.991 7.526 3.6% 1506 1189 5535 4,690 5.212 4)121 4.424 4,713 5)15 49239 64.814 54,337 Taal Remmie 348.233 597,776 ?AM 658265 403,360 731227 701,4187 747,891 714247 831.28.0 366273 633.299 7.612.992 7,614.283 7204215 ROM> (135.229) (1361291 0512 0 9 (121209) 1147,9119 (131020) (131.666) 035,1011 (122113) (122617) (122212) (136250) 11,607.061) 11,597.411) 0.%(69331 Foad 2 Irevene In< A 2 C 197.440 (102030) 03,610) 001219) 01357) 1165/426 191976) 1107,93» 1112311) aom 1102,1761 011241) 14214,591/ 0270209 11279/1641 Telephone 0.7121 (13391 0726) (52913 11,927) 0.563) (1.225) 12(0) 015) 0561 (2721 007) cum» ime) 01231/ 116.12 Club 0432) (16151 (4.034) (5317) 11.516) (5/321) G461) 0.7101 (3•711) 0,741) 15261) @»96) 154,616/ 457.4%) 072931 Valtellaundrv (2666) (25911 0.033) 0255) 11,90» 13401) (4.402) 13,077/ 0.906) (2.709 126951 0.3611 01211) 159111) 06,674/ OffierOperating 054/ 121 105 (485) (152) 10251 (1457) 1272) 2319 en) 0.001) 12132) 0401) 410,420) 122051 012651 0 Elegunmeetal lamme ROCCie X0.459 3213.9 4253511 115.311 151019 429,516 1012% 131.115 mtaw rase nun :02111 4211,110 1409,099 1182167 lood 2 teeret< 31133 21692 16936 32.914 9.711 42150 58301 50.936 16775 25615 39.300 101.4f$ nun 510.883 %KOS 392 Trkpleared 756 0%1 LM (3211) (341) (2283) 1117) 76 1,023 1050 1.229 0260 17,172 4,919 116.12 Club 119 352 n (203) (763) (928) 1945) (1,539) (433) 6% 1493 93) 0,174) 7,440 02307/ Vakt/Laundry 05) 409 1126 de MS 1.0.111 445 1.463 636 311 331 373 MOS 1754 4.032 Oder Optraung Omis 1115 3231 1121 3.1/1 15239) 2079 4/>70 7.751 ee» 2423 1551 2911 38.512 3239) 41092 Taal 0.p. lamme 1/4517 333304 481216 14(1.623 159.711 471991 464551 492519 %UN 266224 322519 371233 4461121 4.617251 4.170.137 IleductIona Rom Interne Mmin6 Genaal 0915(1 1323151 03.191) 177269/ 02107) (51.131) 12.723741 092751 (tun) iaaeu (nee 1129721 (974,5551 (695,97» 0135%9 Saba& Marlehrge 13261) (352771 05,733) 1318351 (317191 (29.103) 1272191 (125 76) (11254) /31.603 (31,626) 01436) (3012961 13927319 1171,981/ Re.ii. And Alatemenev 124.276) 1244141 93,614) 130.342) (242011 (31050) (31.309) (33.515 (211593) 0475291 (291 30/ (31509) (WM% 1560.595) 1312.034/ Ikea lag% And Pover 0.9)(1) (7.9001 0/271) (20561 04713) (39223) (1.321 00.331/ (11493) (142191 (nne 112.9.9) 0%4351 (15272$ (126.021/ Total Dedsnons 003227) 1102.0051 08.431) 07%5991 001.7411 nsten• 009.854) 0123321 (1702341 1112.M6) 11102961 016263) 14451,12111 (1.39040» 11.092061 Crem Opsirling Profit 23(279 231,699 3832111 372224 93602 318281 354793 355.910 291.481 153,637 218243 257571 3231,9% 3.227,131 2270.331 Olber Dedmlieen keuemce 0411) (1.8111 (1ilt) (1.1.4 11.819) (1445) (1245) 11.8151 (1233) 0190 15.191) 0.190 01.110 atme 07,13.11 Re% identeCtualze 115.035) 000561 (25355) 1210591 05279/ ($3.4) ein) 0492) (252fre RaPon (29701) 126.7011 (»um cum» 1273.0» Ras 132.32) (352 401 (32.241) 13258) (31.074) (322473 (31.110) (322/2) (322.17) 151X/01 022%1 gazie (39309 (397.093) (3634136) Ma UninSti. 121.290) (13.9111 (29465) 1273351 063121 (29241) (25%3) (295161 (29.51%) (240601 (17243) IM.132) 13015371 0015911 0 Altessement Fee 129.469) 00015) 0110) ms,0) 01.912/ (18.230) (41.2)3) 02291/ 06.211) 01376) (122e8) otn9) ineso 1396,7441 1318.810 Ptereers Ceenue 022721 IST 0 5440 0 0 111.2101 0 (14ir) 0 [repeated 3 times] (10,241) 0 40.100 Usw Equipment 0 0340) nee (740) 010) (7• 49 1740/ MA QM 0 [repeated 3 times] (60161 0 0 EB1TDA 119,624 136229 249)110 2024102 (29.16151 189,715 181,721 223242 161,191 44975 103259 135.974 1,721061 2757559 2701,914 InlaYst nmen (na 09435) 141.4919 na) gese:0 artes) (462501 es** /32915) 015.211) 11.012590 0419981104 116.n5)0 1192731 (12775) 1197 (19755) oane nens) narm oane aworme44,* re.ree &wo) (17,167)0 117.8.07, (202.175) 1304291) Demowd 0 [repeated 10 times] Na Profil 23.294 40231 141472 1.1,137 1121%01 86.001 77)71 201.117 59.213 (ARM 14274 3%187 5334109 614.391 436242 IINAM1ALSTATMEWIS1131910.4•IMAN 910v / 'MAIMYOMLOOK Paria= 1302/3/10 JI2N EFTA00726624 Dukes Hotel Limited MONTH HOTEL SUMMARY YEAR TO DATE FULL YEAR ACTUAI/BUDGET Actual SS 8940 % Last Year % Actual % Budget SS Last Year % Actual % Budget % Last Year % 2.790 [repeated 3 times] Rooms Av.ulatte 27.543 27.540 27540 321450 32160 32350 1.640 1.682 1412 Romeo Occupied 19/30 20,511 20.198 23,543 24.324 23,859 588% 603% 569% Occup.mcy 716% 743% 732% 71.7% 74.0% 72.6% 111.82 214.60 201.99 /mug* Room Rate 247.04 212-23 21656 2.44.12 231.74 113.67 13127 129.38 118.88 RevPar 17698 172.97 173.50 174.96 171.60 169.72 REVENUES 380.180 73.9% 360,961 72.0% 331463 71,3% Roma 4.871.149 75,8% 4.763,719 74.3% 4.778)061 75.6% 5,747,371 75.4% 5436940 710% 5,575.222 73,3% 123.751 24.0% 126,140 23.2% 122,143 263% Food and Beverage 1,423.726 22-2% 1,487,891 73.2% 1394,441 22.1% 1.717,434 223% 1181402 234% 1,647312 222% 831 0.2% 1.278 0.3% 1429 03% Telephone 15733 0.2% 19/92 0.3% 31464 0.5% 18,631 0.2% 27490 0.3% 36,180 03% 3,393 0.7% 5.346 1.1% 3.339 0.7% The Health Club & Spa 38229 06% 52377 0.8% 36.513 0.6% 51,699 0.7% 65317 0.9% 44.976 04% 3.387 0.7% 3.108 0.6% 2.269 03% Laundry & Valet 36.178 0.6% 36.344 0.6% 41477 0.7% 4323 0.6% 43,390 0.6% 46,680 04% 3.230 06% 4.421 09% 4.111 0.9% Other Operating 38.118 06% 51.786 0.9% 38.965 0.6% 48,146 0.6% 61314 0.9% 51357 0.7% 524,773 1000% 501.260 1000% 464,961 1000% TOTAL REVENUE 6426,633 1002% 6414,911 1800% 6,320,874 100.0% 7626,906 1000% 7,611763 100.0% 7,101,945 100.0% COST OF SALES 34.360 27.8% 33.862 26.8% 29,2172 24.0% Food and Beverage 360326 25.3% 398.871 268% 388,847 27.9% 438,937 216% 477,485 262% 456301 272% 610 73,3% 256 20.0% (2145) VVVVV Telephone 24.013 1526% 4.938 24.9% 21496 77.9% 21,592 1322% 5,517 2413% 31231 86.3% 334 9.9% 770 14.4% 839 25.1% The Health Club & Spa 5.218 133% 7.878 15.0% 5239 14.8% 7.295 14.1% 9,955 152% 6,456 144% 4.102 121.1% 2.798 90.0% 1.909 842% Laundry & Valet 29303 81.0% 33.290 91.6% 34357 82.9% 35,615 823% 39,612 913% 39418 9213% 11265 02% 320 00% 2.001 00% 317 0.0% Curt of sales ODD 4.576 00% 21,899 0.0% 6.781 0.0% 9,111 0.0% 26435 0.0% 39,726 72% 39486 7.9% 38306 6.5% TOTAL COST OF SALES 423,471 6.6% 466,879 73% /59,891 73% 515216 6,8% 559,024 73% 514.081 73% PAYROLL & RELATED EXR 77,598 201% 80.930 22.4% 71/022 21.4% Roam, 768.041 15.8% 795417 16.7% 788416 163% 930,145 162% 567.721 17.0% 950.569 172% 63.609 514% 60459 48.1% 59,422 486% Food and Beverage 574.521 404% 5931365 39.9% 615420 44.1% 696,015 403% 715359 402% 744.989 452% - 002 - 0.0% Telephone - 00% - 0.0% [repeated 3 times] - OA% 3,218 94.8% 3.207 60.0% 1216 1263% The Ikulth Club& Spa 31.976 82-6% 31313 607% 42359 116.0% 31396 743% 0823 583% 49,989 1111% . 0.0% I 0.0% . 0.0% - 00% . 0.0% - 0.0% Laundry & Valet Other Operating - 0.0% [repeated 8 times] • ILO% - MO% 14142E 28.1% 10294 28.9% 136,440 29214 TOTAL PAYROLL & RELATED EXP. 1.374,538 21.4% 1.424295 22.2% 1446474 22.9% 1,664,556 213% 1,711,314 72.5% 1,743315 216% OPERATING EXPENSES 46,860 12-3% 43447 12.1% 53,531 16.1% Room. 577,976 11.9% 541254 114% 62%072 13.2% 676,741 11.8% 640,120 114% 766365 13.7% 5403 4.7% 6.005 48% 4165 3.9% Toad and Beverage 83406 5.9% 61563 4.3% 57,749 4.1% 96,917 5.6% 77,875 44% 77,978 42% - 0.0% - 0.0% Tat ;tom - 0.0% - 0.0% 02% 20 0.6% 764 11,3% (49) -13% The tit9Ith Club& Sps 6.106 15.8% 74413 14.2% 749 21% 7.966 15.1% 9,303 142% 833 1.9% - 0.0% - 0.0% Laundry & Valet - 0.0% - 0.0% • 0.0% - 0.0% 0.0% 02% 52.714 10.2% 50456 10.1% 58,250 123% TOTAL OPERATING EXPENSES 667,588 10,34 613,88 94% 687,569 10.9% 781,624 103% 727,295 92% sam HA% FINANCIAL STMENIZNISNO9 2010. 0110JAN 3)10v/ 110TEL SUMMARY rwlevOC 15/M17010/ 1219 EFTA00726625 Dukes Hotel Limited MONTH YEAR TO DATE FULL YEAR ACTUAL/BUDGET HOTEL SUMMARY Actual % 1194190 % Last Year % Actual 19 Budget Last Year % Actual % Budget % Last Year % DEPARTMENTAL INCOME 255,722 673% 236,347 65.5% 207,113 62.4% Roam, 3.528.233 77-4% 3,426847 71.9% 3360494 703% 4340485 720% 4439.099 71.7% 3,853237 692% 19349 161% 25415 203% 28466 23.5% Food and Beverage 405.V4 28.5% 430.591 28.9% 332228 23.8% 485,565 283% 510243 28.7% 368P!4 223% 222 26,7% 1.023 80.0% 3.574 250.1% Telephone (5260) -526% 14.854 75.1% 6,968 El% (5961) -32.0% 17,172 75.7% 4,549 13.7% (179) 33% 605 11.3% (1,660) 49.9% SPA & Health Club (4572) .118% 5.246 100% (12,003) -329% (1.958) -38% 7,860 12.0% (12307) -27.4% (715) -21.1% 311 10.0% 360 15,8% Laundry & Valet 6.875 19.0% 1053 8.4% 7,070 17.1% 7,580 17.5% 3,753 8.7% 8/52 172% 2.910 90.1% 2.423 54,8% 3,797 92.3% Other Operating Department:. 33,506 87.9% 32,087 60.0% 32.183 82.6% 38,999 81.0% 38,380 592% 43092 793% 97,910 560% 266,324 53.1% 241,113 52.0% TOTAL DEPARTMENT INCOME 3,961,037 61.6% 3,913478 61.0% 3.726.940 590% 4,66%709 61.2% 4412151 604% 4270,137 57.7% PAYROLL &RELATED EXP. 24,359 4.7% 17479 3.5% 18,776 4.0% AdmInIstranon& Cerwal 190489 10% 177381 MI% 178,872 2.8% 225496 10% 212388 18% 216414 2.9% 1173 06% 3.126 0.6% (646) -0.1% Human Resources 32109 05% 30493 0.5% 36.167 0.6% M296 0.5% 36,940 0.5% 38820 03% - 00% - 0.0% Soles at Marketing - 00% - 00% - 0.0% - 0.0% - 04% 7.593 1.5% 9.544 1.9% 8424 1.7% Repairs& Mainterunce 88.206 1.4% 93.694 1.5% 90741 1.4% ion= 14% 112812 1.5% 108846 13% 35,125 6.8% 30,148 60% 26355 54% TOTAL PAYROLL & RELATED EXP. 310,733 4.9% 301..758 4.7% 305,78D 4.8% 371,115 4.9% 362.140 48% 364,280 4.9% OPERATING EXPENSES 13,374 2.6% 14,139 28% 19491 4.2% Administration& General 202.412 12% 169366 2.6% 200481 32% 23/053 3.1% 201492 2.6% 209257 28% 5853 1.0% 5.518 1.1% 3,126 0.7% Human Resources 76.199 1.2% 39416 06% 43393 0.7% 81,696 1.1% 45,153 0.6% 48257 02% 31676 6.5% 31426 63% 33445 7.2% Sales& Marketing 320493 50% 317487 4.9% 381,132 6.0% 383,746 5.0% 383,739 5.0% 471981 6.4% 19.703 1.8% 20.986 4.2% 23297 11% Repairs la Malmerunce 190,059 10% 200352 12% 223,569 3.5% 232503 10% 247,773 3.3% 2'79,190 38% 11.146 2.2% 10249 2.0% 13,865 3.0% Utility Costs 1V.798 20% 128.190 2.0% 111,1% 18% 152,332 2.0% 152,713 2.0% 126.039 17% 82.949 16.1% 82.518 163% 44373 232% TOTAL OPERATING EXPENSE-5 91%re 14.355 860,711 134% 95%971 152% 1,031421 142% 1027880 133% 1.135226 153% 116073 22.9% 112466 225% 120,178 25.9% TOTAL OVERHEAD EXPENSES 17211885 19.1% 1362468 183% 1,265751 200% 1/06.336 19.1% 1390020 193% 1.499406 203% 159,836 310% 153457 307% 19364 26.1% CROSS OPERATING PROFIT 2.732.052 42.9% 2.751,010 42.9% 2.461,190 35.9% 3,205,173 42.1% 3,227,131 42,1% 2770,531 37.4% FINANCIAL STKIEMNISNO92010. 0110IAN3110'/ 110TEL SUMMARY Paaellor” / 12.19 EFTA00726626 Dukes Hotel Limited MONTH YEARTO DATE FULL YEAR ACTUAI/BUDGET HOTEL SUMMARY Actual % 140A8ct % Last Year % Actual 53 IMAIPt Last Year 93 Actual 93 Budget % Last Year % FIXED CHARGES 750 Ill% - 0.0% 0.0% Lome Equipment 6268 al% - 0.0% 6768 0.1% 00% 22.192 4.3% 21376 4,3% 18315 4.0% Management Et Incentive Fm. 335,481 S2% 336.853 5.3% 31%190 5.1% 355,371 5.2% 396740 5.2% 358290 4.8% 1575 07% 3.456 0.7% - 0.0% Rent & Stmwe Charge 25.656 0.4% 32.866 0.5% 32369 04% 39,779 0.5% 0.0% 37.141 7.2% 23243 4.6% 21967 4.9% CUMTIEStile Rent 244.676 18% 232.452 16% 229,667 16% 291,167 3.8% 278,912 3.7% 275,010 37% 20352 4.0% 20/350 4.0% 23,451 5.0% FFAF. Provision 257.144 4.0% 2.56.596 4.0% 249,581 39% 305,138 4.0% 306,591 4.0% 0.0% 592 0.1% 0.0% OWIICIS brows 41.136 06% 35.911 0.6% 41.136 0.5% 51,106 07% - 0.0% [repeated 3 times] Rad MN Procimon 00% - 0.0% 0.0% 0.0% 32.242 6.3% 32.258 6.4% am os 6.5% (tummy IOC, 326.778 51% 322.578 5.0% 307478 4.9% 391,293 5.1% 387003 5.1% 363,156 4.9% 1057 0.4% 5.194 1.0% (1,92.6) .08% Insurance 18.392 03% 51.940 00% 11427 0.2% 28,780 0.4% 62328 0.8% 17,155 02% 48,936 8.0% 48,078 9.6% 34314 63% EBITDA 1,476,018 23.0% 1517,775 237% 1,385,407 287% 1,715,951 223% 1,757/666 23.1% 1.704,914 MO% so.no 16,5% 79420 15.9% 86,356 186% Bank Intere9 838.806 13.1% 785.924 12.3% 8604(5 13.6% 990,341 130% 937,459 12.3% 1,017,510 11.1% 16.775 3.3% 17,167 3.4% 34403 7.4% Depreciation 167.750 26% 171275 2.73 3µT10 53% 202A43 2.6% 205608 2.7% 201291 27% HAM% -11.8% (48,708) -97% (90.612/ -193% NET FROTH' 169,462 13% 560,526 8.7% 100,102 IA% 523327 6%6 614391 8.1% 456.042 62% 179,519 34.9% 1740/3 34.9% 160,816 34.6% TOTAL PAYROLL 1485,271 26.2% 1,713,053 269% 1,752.153 27/33 2,035,671 26.7% 2,07/453 272% 2.101323 28.5% FINANCIAL STKIENIZNIS2009 2010 11110 IAN 3310v/ 1101EL SUMMARY PamMat'S 13/01/3Mo cam EFTA00726627 Dukes Hotel Limited January 2010 MONTH I YEAR TO DATE TULL YEAR ACTUAL/8 UDGET ROOMS DIVISION SUMMARY Acted % asr % Lag Yen 96 ASS % 0• 6844 % Ink Yen % Meal % Sedgel % LM Year % 2190 2,790 2.793 10000 Available 0,940 273411 V.540 32.850 32.893 321550 1.640 1,642 140 11.6.4m06:%16.1 19,730 20.511 20,1% 21.513 24331 21639 584% 603% 56.9% OccuNnry 714% 71.5% 733% 71.7% 740% 724% BIM 11410 23119 Awrafy Ram Raw 24704 23225 21656 24412 211.74 23347 136r 12435 IMP 11.49110 17610 17297 17330 174% 17160 149.72 REVENUE X4/180 1000% 360964 IMO% 331,60 1000% Roan, Itt.uwe 4874119 1030% 4741.70 IMO% 4.774061 1000% 5747371 1020% 5.636.610 1000% 5575220 1030% - On% - 00% 00% Othet Reionnue - 00% • 00% [repeated 3 times] - 00% - 00% 330300 10/%6 364961 1000% 331.66$ 1000% TOTAL REVENUE 437410 100046 4.741219 1020% 477400 1000% 4747,371 1006 5434910 1920% 5.575.220 1006% PAYROLL & RELATED P. 69.377 18.3% 72.193 200% 62,991 290% 14490 8.021 21% 8234 24% 8/01 24% Papa Relied 77,998 20.4% 02930 zu% 7100 214% TOTAL PAYROLL & RENTED EXP. OPERATING EXPENSES 356 RI% RI 02% 1,216 04% Cleaning Supplin 611 02% 677 02% 2,176 07% Conincl Chunist 955 03% 956 03% 925 0.3% WendowCkonins 10.143 27% 5467 15% 2474 0.8% Guest Amcnibes AS6 02% 815 02% 386 0.1% Turndown Amensites II 00% - 00% - 110% Gust Tranwert 1.288 03% 910 03% 51“ Q2% Slivispipert. • 00% . 00% • 00% Comphmmeary Amenities 26 00% 43 lun. Anus., a Cowie.% - 00% 65 lun. 4107: 001 .002 i Telecoairitunicationt tom 02% 2082 00% Prison; And Summer 200 RI% 93 lun. llivSupp366 2.180 Qfi% 3326 i n% 54881 003.007i Oi Floiwn & Das:ration - 00% • 00% • Chnsinu.s Om-canon 956 03% 1.110 03% 1.168 03% Sufi Unifonn 1.44.3ry 4.635 1.2% 4.155 I2% 4320 m Laundry • Linen 00% 3.4: 6 Q0% 200 01% Laundry • Furnishing,. 15103 40% 17.481 18% 23.501 7.1% ikcersCorniNsnons 216 01% . 00% . . Limnos 00% 00 - Q0% - 00% • Conirml labour 1 40% • 00% 920 03% Cahn. Evensgs - 40% 50 00% - 00% China (1091 Q0% - 00% ina It 0.44.640. 3,159 08% 490 01% 2.0561 00060%.: Li Oi mn 68 40% 203 al% • Operating Equrtrrent SO 40% - 40% I/68 03% Unions. 696 Q2% - 00% 00% Duns & Siificiiplit6 . 0 0% o - 40% - 40% Enunainment 17 40% 25 40% • 00% Trareporianon& Travel Ouluulowr 144 Q0% - 00% 00% Tags isHome - 00% - 00% .. 00% 0% 0.01i ap 0, Sn - 4 - 40% - 40% Centerences 1317 03% Id% 03% 5,146 1.6% TV / Cat* & Sothic - 00% - 00% L0004 Damages. .. 00%00: - 00% - 00% Dixiglions 3.310 0.1% 3.310 0.1% 3.310 30% 10%10.1e M0000000 Pinks:4 691331 112% 76210 10% MOH 155% 702356 149% 86262 18% 799447 145% 706,967 1404 81324 1.7% 835.833 14.5% 91312 1.6% 7$8.495 163% 930315 142% 8,983 02% 10.4.0 02% I-506 0.3% 7,618 02% 6.221 01% 20.303 04% 9590 02% 9,550 02% 9250 0.2% 1431,24 1.8% 67.769 14% 52550 LI% 11338 0.2% 8,924 02% ME 0.2% 314 Q0% 21 00% 944 0.0% 21478 0.4% 12152 03% 19,067 04% - 00% - 00% • 0.0% 851 00% lir 00% . 00% - 00% 585 00% . 0.0% 14.960 03% 22616 05% 2.5725 0.5% 2107 00% 1130 00% . 0.0% 37.310 08% 44.763 0.9% 99,995 11% - 00% • 00% • 0.0% 10.91111 02% 11.171 02% 30366 0.2% 48,450 3,0% 51.333 LI% 51173 LI% 860 00% 2017 00% 907 0.0% 236,921 4.8% 237.734 50% 2426116 5.13 216 00% • 00% - Q0% - 00% - 0.0% 10.187 02% - 00% 996 0.0% - 00% CO 00% 246 00% • 00% 19,151 04% 4021 01% 37353 0.4% 595 00% 1,8(0 00% - 0.0% 50 00% • 00% 4432 0.1% 2489 01% - 00% - 0.0% - 00% - 00% - 0.0% 198 00% 326 00% - 0.0% 144 00% - OD% . 0.0% - 00% - OD% . 0.0% - 00% - 00% - 0.0% 11/92 02% 11.959 03% 17326 0.4% - 00% - 00% • 00% - 00% - 00% . 0.0% 0.100 0.7% nlm 07% 31980 07% 1133.837 15.1% 182864 IA% 997,721 120% 1131,296 15.3% 49.271 1.9% 950361 1746 10.899 02% 12.337 02% 16.146 Q3% 8.973 02% ZS% 0.1% 24364 0.4% 11.500 02% 11.440 02% 11.100 02% 104116 1.7% 80,161 14% 60350 1.4% 12531 02% 14747 02% 11387 02% 314 00% 21 OD% 976 00% 23137 Q4% 15311 03% r.913 05% • 40% - OA% - 00% 941 00% 495 OD% - 00% 130 00% 713 OD% - 00% 19.475 03% 27.09 05% 28.539 05% 2.207 00% 1,045 OD% - 00% 44.621 08% 52,074 09% 93461 3.7% - 40% - OA% - 00% MAXI 02% 12391 02% 11613 02% 57,868 1.0% 60.771 1.1% 112621 1.1% 1.260 00% 2,417 00% 1473 Q0% 270517 48% 202330 50% X0.270 55% 216 00% - 00% - 00% . 00% - 00% - 00% 10.187 02% - OA% 2102 01% 101 40% 550 OA% - 00% 246 00% - 00% - 00% 32130 04% MD 0.1% 26606 05% 995 40% MO 00% - 00% 50 fun - 00% 5408 01% 3.489 01% - 00% - 00% • 40% - OA% - 00% 248 40% 376 OA% - 00% 144 00% - 00% - 00% 00% - OD% - 00% 40% - OA% - 00% 11473 02% 14.374 03% 18267 03% 00% - 00% - Q0% 00% - 00% . 00% 39.720 07% 39.7a) 0.7%, ISA00 07% 44425 12-3% 41.687 III% 59,266 17.9% TOTAL OPERATING MENSES 577440 11.9% 50,754 11.4% 429142 132% 676306 11.8% 604120 11.4% 766,365 13.714 255158 473% 234317 65.9% 102380 667% TOTAL PROFIT/ LOSS 3,578.468 72.4% 2426,1117 71.9% 3,360494 703% 4,140120 72.0% 4039..0.9 712% 3164287 49.24 505 522 51.3 HEADCOUNT 503 522 51.6 543 321 51.4 104ANCIALSTAIDANT$30/110)•0010pANIM4v/R0005DirAtnata 1'47304051 0/00100/ 2119 EFTA00726628 Mikes Hotel løile0 banary 2010 44011111 11•44 TO DATE KWL 1tAl ACTUA.0111.0Cal EECEP110N 4~ % ~gd Sr latten % And % ark. % la ver % Adual % 00/04 .0 bat Year % 2.51 150 Z7ba Raam Mulat* 72540 2340 2340 muso bad 3200 1910 102 1442 Ron. 04~40 19" 21511 30.08 2313 5124 210.9 544544. 031 3491 4/`,494014 314% 7431. 7331 711% 501 12.% 231.41 2100 3419/ Antspatovin Pa 10.01 222 5454 141.I2 23114 2310 15442 124 Mi 11/170 114.414, 7596 17240 Innb 17494 77140 11472 PAYROLI• & RILATED V4.1. 0~ 50% :20e3 61% 11331 5.3% Lásaur 31103 424. 211349 43% 5033.3 4.4% 2.54031 44% 2001.1 44% 5153 46% 100 Ofl 2.4.5 WI 2.4.14 115 Cihn Pa, 44113410411 $4.90 0 5 t 551 06% 11.0. 03% 528 O9T nan 06% moa esa 11334 33% 5.1424 NI% 34414 6.21i TOTAL PAV11.011. k IttL44110 br. 24434 434.4 212.4141 31% 23.174. 444% MUM 4.1% 114374 3114 5%3% an oriaanac EXPLNSES • 00% . 045 • 1101 OAwr3l+uiitlø - 004. I 00% • 1101 . GO% 2 014 • 00% - 00% • 045 • 110% Comr4204,994 001. • 01% . 110% • 00% . 00% 47 0.1% . 03% • 1" C.445%90.9 21 00% 271 els% • 00% IS 03% %I 03% 344 421 0.19.14404% 2115 0.4% 13.152 03% 19.11 01% 2‘737 0.4% 5211 3% 52110 03% - 001 . 045 • (In Canylonaury(1444, /.4.44...• 4 - 015 . 1104 . On . 00% 11 00% • 045 001 Cue. %Mam 314 00% 23 01% 911 110% 314 045 21 0% 974 00% 31 001 10 01% 00% %Har& C«iflen 774 011% 90 40% . 110% na on 110 n • 00% • 00% 34. 045 00% T4k0004,00010n4 140 045 • 110% 0 110% DJ 0% • 00% 214 0.1% 00 02% 1.1:7 1.2% 49941.4 Aai 1.24%,499. 11426 03% Nel 0.1% 21971 45% 11.45 03% 715 1% 31.1144 04% Ni 00% 20 045 . 1101 (0444.14..plio.. 1.03 004. 1410 00% • 1104 1.90 00% 210 01 . 00% %.2 02% .1.550 «n 542 an 1~4 k 1.1.4watun 19213 04% 2,60 06% 0931 101 24313 04% 3204 6% 32191 04% - 00% 045 . 1104 CluNtow 1%.......9.44. 1.1. 00% 1501 01% • 1" 1.018 00% 2.541 01 . 00% 51 01% a 41% 28 0.2% 5731Untban I ..undn. 2109 0.11 432 61% .1411 0l% 3.101 01% 142 I% 3141 41% • 00% OD% • 110% Uur*, 00% • OIO% • On .0% - OD% • 00% OD% . 110% RoMuseentn...r. 001. 00% • (10% • 00% n • 00% 214 0.1% On . 110% 1.1:04.% 214 00% 00% • 110% 216 (10% 0% • 00% • 00% 001 . 110% 00404111.1044 00% • 110% - 10% 0% - 00% 4 00% 00% 410 03% 04140.1~. I40,14 024. 00% I% 0n 10.04. 0S% 01 2102 41% - 00% 00% • 0n CNN - 004. 00% • 0n . 0n 01 . 00% - 00% 00% • 0n Clean, - 004. 00% • 0n . 00% 01 . 00% - 00% 045 . 0n Urm - 00% 00% • 0.0% • 0n 01 • 00% 10 001 03% 1.171 04% Unamne. 50 004. 00% 3201 1111 b 00% 01 3347 61% 1311 03% 1.191 03% 1144 14% 1V/C./14.14 541410 11152 02% 11.90 03% 17324 01% 1103 (In DM 3% 11120 03% • 00% OD% PO% Oun k SuscrI4449% • 0P% 00% a" • On 0% 00% • 00% 00% PO% Egteaanewo • 0P% 00% a" • On 0% 00% 30 00% 13 00% 110% %nl k %bsbante 103 0P% 319 00% an 133 (10% 30 0% 00% 144 00% 00% 1104 ne. Win* IN 001 00% 1104 144 00% 01 00% - 001 00% 1104 Cbt4414.444.0p4 - 0 1 I t 00% 1." . aft " 00% - 0" 00% 1104 Corann..e. - 004. 00% 0n . 00% 01 00% - 00% 00% 1104 Las/ Dm44,44 • 0" 00% 001 . 0n 01 00% 4.112 1.2% 5.774 13% 1259 19% TOTAL OIERADNG MIMES. nua 11% 47143 I0. 115141 2.4% 91.953 I.3% T.O3 1.4% 112.7151 204 24.469 7" 3003 $.5% 3141 10.1% TOTAL 011231305 313.597 6.4% 30902 43% 311.4% 73% Man 43% 37121/7 4144 39115943 734 110 114 140 HEAIXOU7It 119 114 13.1 12.9 Ui 111 INANICILL3TAIDICan1P1310.1901)ANMOv/MtrIlai 1MV910/ IN, EFTA00726629 Dukes Hotel Limited January 2010 MONTH YEAR TO DATE FULL YEAR ACTUAL/BUDGET CONCIERGE Actual % Budget % Last Year % Actual 94 Budget Last Year % Actual % Budget % Last Year % 2,790 [repeated 3 times] Rooms Available 27540 [repeated 3 times] 12250 32,850 32,850 1640 1682 1,642 Rooms Occupted 19,730 31511 20,198 73.5B 24,324 13259 598% 603% 59.9% Occupancy 71.6% 74.5% 733% 712% 74.0% 72.6% 22182 21410 201.99 Average Room Rate 247.01 232.25 13656 21112 231.74 21347 13627 12939 11819 Revpar 176.98 172.97 17350 174.96 17160 169.72 PAYROLL & RELATED EXP. 11239 3.0% 11282 3.1% 9252 2.8% Labour 102191 II% 110221 13% 9200 19% 12.4222 2.2% 133,412 2.4% 112,569 2.0% 1396 04% 1213 0.3% 1,197 04% Other Payroll Related 13,095 0.3% 11352 03% 12.012 0.3% 15,565 0.3% 14.822 0.3% 14.642 03% 12,734 3.3% 9313 13% 10,449 32% TOTAL PAYROLL & RELATED EXP. 113296 14% 111,174 7-6% MUDD 2.2% 140546 14% 148,734 2.6% 117,211 13% OPERATING EXPENSES . 0.0% Ginning Supplies 00% • 00% • 0.0% 0.0% 0.0% • 0.0% - 0.0% Contract Cleaning 00% • 00% • 0.0% 0.0% 0.0% • 0.0% • 0.0% Cunt Supplies 00% • 00% • 0.0% 0.0% • 0.0% [repeated 3 times] Complimentary Guest Amenities 00% • 00% • 0.0% 0.0% • 0.0% [repeated 3 times] Postage & Couriers 00% • 00% • 0.0% 0.0% • 0.0% [repeated 3 times] Telecommumations 00% • 00% • 0.0% 0.0% • 0.0% [repeated 3 times] Painting And SLitionary 35 00% • 00% • 0.0% 35 0.0% 0.0% • 0.0% - 0.0% • 0.0% Office Supplies 49 00% • 00% • 0.0% 49 0.0% 0.0% • 0.0% - 0.0% • 0.0% Hower% & Decoration 00% • 00% • 0.0% 0.0% • 0.0% - 0.0% oinstmas Decoration 00% • 00% • 0.0% 0.0% • 0.0% 179 0.0% - 0.0% 165 0.0% Staff Uniform Laundry 1,961 00% • 00% 1614 0.0% 1,961 0.0% 0.0% 1,969 0.0% - 0.0% Laundry. 00% • 00% • 0.0% 0.0% • 0.0% - 0.0% Rooms Commissions 00% • 00% • 0.0% 0.0% • 0.0% - 0.0% Licenses 00% • 00% • 0.0% 0.0% • 0.0% - 0.0% Contract labour 00% • 00% • 0.0% 0.0% • 0.0% - 0.0% Other Expenses 8 00% • 00% • 0.0% 8 0.0% 0.0% • 0.0% - 0.0% China 00% • 00% • 0.0% 0.0% • 0.0% - 0.0% C.lamare 00% • 00% • 0.0% 0.0% • 0.0% - 0.0% Linn 00% • 00% • 0.0% 0.0% • 0.0% - 0.0% Undomis 00% • 00% • 0.0% 0.0% • 0.0% - 0.0% Dun & Surer:pions 70 00% • 00% • 0.0% 70 0.0% 0.0% • 0.0% - 0.0% Entailment 00% • 00% 0.0% 0.0% • 0.0% - 0.0% Transportation 00% • 00% 0.0% 0.0% • 0.0% - 0.0% Taxi's I lorne 00% • 00% 0.0% 0.0% • 0.0% - 0.0% Outside Storage 00% • 00% 0.0% 0.0% • 0.0% - 0.0% Contemn:es 00% • 00% 0.0% [repeated 3 times] - 0.0% Loran/ Damages 00% • 00% 0.0% 0.0% - 0.0% 179 0.0% • 0.035 163 OA% TOTAL OPERATING EXPENSES 2,112 0.0% • 0.0% 1424 0.0% 2,122 00% 0.035 1,969 0.035 9.914 1944 12413 33% 10,614 3.2% TOTAL OVERHEADS 117,408 2.4% 173,174 2.6% 1033,656 2.2% 142,468 23% 148330 16% 119280 13% 9.0 9.0 BS HEADCOUNT 83 90 ILO 83 9.0 BS FNANCIAL STATEMENTS ZON2010 • 0910JAN3)10 v COW-URGE Page Doi X! 15/02/2010/ 1119 EFTA00726630 Dukes Hotel Limited January 2010 MONTH YEAR TO DATE RILL YEAR ACTUAL/BUDGET RESERVATIONS Actual % Budget % Last Year % Actual % Budget Last Year % Actual % Budget % Last Yrur % $790 $790 2,790 Rooms Available 27,540 27540 27540 32350 32,850 32,850 1,640 1,682 1342 Rooms Occupted 19,730 20.511 20198 23343 24324 13,859 598% 603% 59.9% Occupancy 71.6% 74.5% 733% 712% 74.0% 726% 23182 21410 201.99 Average Room Rate 247.01 232.25 23636 24112 31.74 213.67 13627 12939 118149 RevPar 176.98 172.97 17330 174.96 17110 169.72 PAYROLL & RELATED EXP. 5.066 1.3% 5318 1.5% 5,235 1.6% Latour 49,057 1.0% 53,911 1.1% 52,411 1.1% 60.111 1.0% 64,964 1.2% 63324 11% 5.59 0.1% 754 0.2% 622 0.2% Other Payroll Related 5,425 OA% 7.272 0.2% 4191 0.1% 6356 0.1% 8,783 0.2% 7,466 0.1% 5,624 1-9% 4272 1.7% 5,877 13% TOTAL PAYROLL & RELATED EXP. 54.482 1.1% 61363 1-1% 58,601 1.2% 67.017 1.1% 73.747 13% 70390 13% OPERATING EXPENSES 0.0% • 0.0% Ckuning Supplies • 0.0% • 0.0% • 0.0% • 0.0% - 0.0% - OA% 0.0% • 0.0% Contract Cleaning - 0.0% • 0.0% • 0.0% • 0.0% - 0.0% - OA% 0.0% • 0.0% Guest Supplies - 0.0% • 0.0% • 0.0% • 0.0% - 0.0% - OA% 0.0% • 0.0% Complimentary C ed Amenities • 0.0% • 00% • 0.0% • 0.0% - 0.0% 0.0% 35 0.0% Ibstage6 Couriers • 0.0% 315 00% • 0.0% 70 0.0% 355 0.0% - OA% 0.0% 30 0.0% Telecommunwations • 0.0% 270 00% • 0.0% 60 0.0% 330 0.0% - OA% 0.0% 170 0.0% Printing And Stationary • 00% 1530 00% • 0.0% 340 0.0% 1,870 0.0% - OA% 15 0.0% 25 0.0% Office Supplies 69 00% 23 00% • 0.0% 118 0.0% 275 0.0% - OA% 0.0% - 0.0% Flowers & Decoration • 0.0% • 00% • 0.0% • 0.0% - 0.0% • OXI% 0.0% - 0.0% • 0.0% Chnsunas Decoration • 00% • 00% • 0.0% • 0.0% - 0.0% • 0.0% 60 0.0% 60 0.0% 62 0.0% Staff Uniform Laundry 692 00% 649 00% 601 0.0% 8122 0.0% 728 0.0% 734 0.0% 0.0% - 0.0% laundry. • 00% • 00% • 0.0% - 0.0% 0.0% 15,139 4.0% 17,481 4.8% 17,654 5.3% Rooms Cernmancos 34027 48% 37.714 50% 242,446 5.1% 278103 4.8% 230,330 5.0% 307,220 53% 0.0% - 0.0% Licenses • 00% • 00% • 0.0% - 0.0% 0.0% 0.0% - 0.0% Contract Labour • 0.0% • 00% • 0.0% - 0.0% 0.0% 0.0% - 0.0% Other Expenses - 0.0% • 00% • 0.0% - 0.0% • 0.0% 0.0% - 0.0% China - 0.0% • 00% • 0.0% - 0.0% • 0.0% 0.0% - 0.0% Glassware • 0.0% • 0.0% • 0.0% - 0.0% • 0.0% 0.0% - 0.0% Linen • 0.0% • 0.0% • 0.0% - 0.0% • 0.0% 0.0% - 0.0% Uniforms • 0.0% • 0.0% • 0.0% - 0.0% • 0.0% 696 0.2% - 0.0% Dun & Suscriptions 3,419 Oa% • on • 0.0% 3,119 0.1% - 0.0% • 0.0% 0.0% - 0.0% Entertainment • on • on • 0.0% - 0.0% • 0.0% 0.0% - 0.0% Transportation • 00% • 0.0% • 0.0% - 0.0% • 0.0% 0.0% - 0.0% Taxi's Horne • 00% • 00% • 0.0% - 0.0% • 0.0% 0.0% - 0.0% Outside Storage • 0.0% • 0.0% • 0.0% - 0.0% • 0.0% 0.0% - 0.0% Corderrrees • 00% • 0.0% • 0.0% - 0.0% - OA% 0.0% - 0.0% Loon/ Damages • 00% • 00% • 0.0% - 0.0% - OA% 3.310 0.9% 3310 0.9% 3.310 1.0% Revenue Management (Bamboo) 33,100 0.7% 13,100 Oil% 31,900 0.7% 39220 0.7% 39,720 0.7% 38.600 0.7% 19220 3.1% 21,111 5.0% 21,005 63% TOTAL OPERATING EXPENSES 273296 5.6% 273.782 3.7% 275,027 5.0% 33,152 31% 321,638 3.7% 116.603 6.2% 261,061 63% 27384 74% 26,903 91% TOTAL OVERHEADS 327378 6.7% 374.965 7.0% 373,628 7.05 390,1% 6.8% 397385 IA% 417353 73% 30 3.0 HEADCOUNT 3.0 30 30 3.0 [repeated 3 times] FINANCIAL STATEMENTS ZON2010 MOJAN v RUERVATION5 Paselbol R 15/02/2010/ 1219 EFTA00726631 Dukes Hotel Limited January 2010 MONTH WAR TO DATE FULL YEAR ACTUAL/BUDGET HOUSEKEEPING Actual % Budget % Last Year 94 Actual % Budget % Last Year % Actual 51 Budget 94 Last Year 95 2,790 2,7% 2,790 Roomt Available 27,540 27540 27540 32850 32,850 32,850 1,640 1,682 1842 Rooms Occupied 19,730 70.511 20,198 73.543 24,311 13859 588% 603% 58.9% Occupancy 71.6% 74.5% 733% 712% 74.0% 724A 21182 21410 201.99 Average Room Rate 247.04 232.25 23636 14412 231.74 233.67 13627 12939 11889 FtevPar 176.98 172.97 17330 17496 17140 169.72 PAYROLL & RELATED EXP. 31575 8.3% 13.312 92% 30,153 9.1% Labour 304435 62% 328774 6.9% 3.13218 70% 371,059 6.5% 395,438 7.0% 401,315 72% 2.528 0.7% - 0.0% Labour • Outside Contract 28,910 0.6% • 0.0% 18.025 0.4% 28,910 05% - 0.0% 18,073 03% 3380 0.9% 3,561 1.1% 3,973 1.2% Other Payroll Related 34493 0.7% 39,848 0.8% 38,50 0.8% 42574 0.7% 47,978 as% 47,031 0.81. 37,483 9.944 37.313 103% 14077 10.554 TOTAL PAYROLL & RELATED EXP. 367838 7-9% 368122 7.7% 392.093 8.2% 44202 7.7% 443.366 7.9% 466371 8.4% OPERATING EXPENSES 356 0.1% 841 0.2% 1,216 OA% Clionmg Supplies 8,983 0.2% 10,428 0.2% 15,666 03% 10889 02% 12,335 0.2% 14146 03% 611 0.2% 677 02% 2,176 07% Contract Cleaning 7,618 02% 6.221 0.1% 32505 OA% 8,973 02% 7,576 0.1% 24364 OA% 955 0.3% 955 03% 975 03% Window Cleanmg 9,590 0.2% 9$50 0.2% 9350 0.2% 11500 02% 11,460 0.2% 11,100 02% 9,916 2.6% 5,467 1.5% 2.674 08% Guest Supptws 87,733 1.8% 67,769 1.4% 52.550 1.1% 100,146 1.7% 80,161 1.4% 80,350 14% 0.0% 00% • 00% Complimentary Guest Amenities • 0.0% • 0.0% 0.0% • 0.0% ao% 0.0% 766 0.2% 815 02% 386 01% Turndown Amenities mns 02% 8,924 0.2% 7578 0.2% 13181 02% 10767 02% 11,587 0.2% 0.0% 00% • 0.0% Postapp & Couners 77 0.0% • 0.0% 0.0% 77 0.0% 0.0% • 0.0% 0.0% 15 00% • 0.0% Tekommunwationt • 0.0% 135 0.0% 0.0% 30 0.0% 165 00% • 0.0% 484 0.1% 1312 OA% • 00% Painbng And Stationary 1,570 0.0% 14,457 0.3% 3366 01% 4514 01% 17,431 0.3% 4,252 0.1% 68 0.0% 50 00% • 0.0% Office Supplies 171 0.0% 450 0.0% 0.0% 271 0.0% 550 00% • 0.0% 1,418 OA% 976 0.3% 5,106 1.5% Flowers & Oct-oration 14,549 0.3% 14.813 0.3% 51168 1.1% 16761 0.3% 17,024 0.3% 61,770 1.1% 0.0% • 00% • 0.0% °Stints Decoration 2.300 0.0% • 0.0% 0.0% 2.503 0.0% 0.0% 458 0.1% 603 02% 543 02% Staff Uniform Laundry 5,417 Oa 4025 OA% SAM 01% 6,617 01% 7715 01% 6,719 0.1% 406 1.2% 4,155 1.2% 4,5713 1.4% Laundry. • Lmen 48/450 1.0% 51.353 1.1% 51773 1.1% 57868 1.0% 60271 1.1% 58,821 1.1% 0.0% • 0.0% • 0.0% Rooms Commitment • 0.0% • 00% • 0.0% 0.0% • 0.0% 0.0% • 0.0% • 0.0% Licenses • 0.0% • 00% • 0.0% 0.0% • 0.0% 6 0.0% 3:0 01% (55) 0.0% Laundry. • Formatting% 860 0.0% 2017 00% 907 0.0% 1.260 0.0% 2.417 0.0% 1,673 0.0% 0.0% • 00% • 0.0% Contract Labour • 0.0% • 00% • 0.0% • 0.0% - 0.0% • 0.0% 0.0% • 00% - 0.0% Other Emma 133 0.0% • 0.0% • 0.0% 133 0.0% - 0.0% • 0.0% 0.0% 50 00% - 0.0% Ohm • 0.0% 450 0.0% • 0.0% 100 0.0% 550 ao% • o.os. (179) 0.0% • 00% Glassware 246 0.0% • 0.0% • 0.0% 246 0.0% - 0.0% • 0.0% 3,159 0.8% 4% 01% 2,056 0.6% Linen 19,151 0.4% OM 0.1% 17553 OA% 20.330 OA% 7,000 at% 24606 03% 0.0% - 00% • 0.0% Uniforms • 0.0% • 0.0% 1,143 00% • 0.0% - 0.0% 2,041 0.0% 0.0% - 00% • 0.0% Dues & Surer:mons • 0.0% • 0.0% • 0.0% 0.0% - 0.0% • 0.0% 68 0.0% 200 01% • 0.0% Operating Equipment 595 0.0% 1,800 0.0% • 0.0% 995 0.0% 2,200 0.0% • 0.0% 0.0% - 00% • 0.0% Entertainment • 0.0% • 00% • 0.0% - 0.0% • OA% 7 0.0% - 0.0% Transportation 95 0.0% • 0.0% • 0.0% 95 0.0% - 0.0% • OA% 0.0% • 0.0% Taxi's I kme • 0.0% [repeated 3 times] ao% • 00% 0.0% • 0.0% Outside Storage • 0.0% [repeated 3 times] ao% • 00% 0.0% • 0.0% Conferences • 0.0% [repeated 3 times] ao% • 00% 0.0% • 00% • 0.0% Lamm / Damages • 0.0% [repeated 3 times] ao% • 00% 22749 6.0% 1002 4.7% 19,544 5.9% TOTAL OPERATING EXPENSES 219,296 43% 203A22 4.2% 107.390 5.0% 1%315 43% azisn 42% 305,029 59% 60.212 15.8% 54,114 15.0% 53,621 162% TOTAL OVERHEADS 587,134 12.0% 569,041 11.9% 629,483 132% 699,098 12-2% 681,008 12.1% 771,400 138% 253 27.4 263 HEADCOUNT 25.9 274 273 25.9 27.4 V.4 FINANCIAL STATEMENTS ZON 2010 • 0910JAN DM 1.01.*DOIEFING rage ISM s9 15/02/2010/ 1419 EFTA00726632 Dukes Hotel Limited MONTH January 2010 YEAR TO DATE FULL YEAR ACTUAL/BUDGET EMI SUMMARY Actual Budget % Last Year % Actual 95 Budget % Last Year % Actual % Budget % Last Year % REVENUE 50784 41.0% 52.606 412% 51,931 425% Food Revenue 629.147 442% 656.834 44.1% 617,064 443% 769.933 112% 786.621 442% 726.765 44.1% 66.466 517% 66.284 525% 63,269 518% Beverage Revenue 723.102 50.8% 730.830 49.1% 679,612 18.7% i 861373 506% 877.101 492% 810.843 492% 445 0.4% - 00% 309 03% Tobacco Revenue 3.687 03% 96 0.0% 2,481 02% 3.687 02% 98 0.0% 2.691 02% 6.056 4.9% 7.250 57% 6.635 54% Other Revenue 6720 4.8% 100.131 67% 95.287 6.8% 85.440 5k% 117.781 66% 107.233 65% 127,731 100" 126140 1030% 122443 103.0% TOTAL REVENUE 1,411,726 100.0% 1,482894 100.0% 1341,411 103.0% 1,717,411 103.i» 1,781,602 103.i» 1,643512 IWO% COST OF SALES 14,499 28.55% 16.218 30.8% 16,317 314% Food Cost 164,587 262% 201445 306% 197,521 310% 204,363 26.9% 240,821 30.6% 234.092 322% 19.796 29.78% 17.469 26.4% 12.972 205% Beverage Cost 193,400 26.7% 196,094 26.8% 190444 29.1% 231,860 267% 234.553 267% 221,725 273% 65 0.1% - Ok% - OA% Tobacco Coil 610 0.1% - Ok% 683 0.1% 610 0.1% 0.0% 693 0.1% 0.0% 175 2.4% - OA% Other Cost of Saks 1,725 2.6% 1,735 1.7% - 0.0% 2.104 23% 2.110 1.8% • 0.0% 31360 27.8% 37462 26S'. 29,289 24.0% TOTAL COST OF SALES 360,125 13.3% 398,874 26" 388407 rima 439,936 ZS% 477,485 26.8% 434501 27.7% PAYROLL & RELATED EH*. 57.281 463% 53.712 416% 52.874 433% labour 511,823 35.9% 526,512 354% 550,142 39.5% 619.406 36.1% 634.094 35.6% 665.242 404% 6.327 5.1% 6.946 53% 6.569 5.4% Other Payroll Related 62.696 4.4% 67.353 43% 65,478 4.7% 76.608 43% 81.266 4.6% 79.746 48% 61609 51.4% 61658 48" 51412 48.6% TOTAL PAYROLL & RELATED EXP. 374421 403% 391,863 39.9% 611620 44.1% 696,015 40" 715,359 402% 741,989 43.1% OPERATING EXPENSES . 0.0% - Cik% • 0.0% Contract Latour • OA% - Ok% . Ok% . Ok% . 0.0% • 0.0% 253 0.2% 228 02% 502 04% China 5416 OA% 2.402 02% 4755 03% 6.072 04% 2.858 02% 7.254 0.4% 263 0.2% • 0.0% • 0.0% Glassware 9541 07% - Ok% 3,996 03% 9.541 06% . 0.0% 14,368 09% . 0.0% 1W 0.1% • 0.0% Silver 2.061 01% 959 0.1% - 00% 2.276 0.1% 1.172 01% • 0.0% 252 0.2% 91 0.1% • 0.0% Lawn 3752 02% 1,126 0.1% . Ok% 3,435 02% 1.409 01% • 0.0% 2.705 2.2% 1,682 13% 1,767 14% Laundry 21.219 1.5% 20658 1.4% 12.890 1.6% 25,046 13% 24.485 14% 26.676 1.6% 713 0.6% 750 0.6% 664 05% Staff Uniform Laundry 7415 0.5% 7303 03% 7.132 03% 9,315 03% 9.003 05% 8.557 05% 436 0.4% 360 03% 164 01% Cleaning Supplies 3561 0.3% 4.785 03% 2..835 02% 4,781 03% 6.005 03% 3,210 02% . 0.0% • 0.0% • 0.0% Contract Cleaning 350 OA% - Ok% - Ok% 350 Ok% . 0.0% • 0.0% 836 0.7% 412 04% 867 07% Flowers& Decoration 9.688 07% 4,420 03% 8467 0.6% 10.572 06% 5,301 03% 10,400 0.6% . 0.0% • 0.0% • 0.0% Christmas Decoration 1,708 OA% - Ok% - 00% 1.708 Ok% . 0.0% • 0.0% . 0.0% • 0.0% - 0.0% Music & Entertainment • 0.0% - Ok% - 00% . Ok% . 0.0% • 0.0% 650 0.5% 1,164 0.9% - 0.0% Guest Supplies 7.942 0.6% 11.912 0.8% - 00% 10,440 0.6% 14,520 08% • 0.0% . 0.0% 295 02% 802 07% Menu & Beverage List 2,418 02% 2.655 02% 5489 04% 3,008 02% 3,245 02% 5,103 03% 69 0.1% • 0.0% - 0.0% Printing And Stationary 1.064 01% Ok% - 00% 1,064 0.1% . 0.0% • 0.0% . 0.0% 55 0.0% • 0.0% Office Supplies 21:6 0.0% 495 Ok% • OA% 315 Ok% 605 0.0% • 0.0% . 0.0% 90 0.1% • 0.0% Telecommunicahores • OA% 810 0.1% • 0/0% ISO Ok% 990 01% • 0.0% . 0.0% 60 0.0% • 0.0% Postage & Couriers • OA% 300 Ok% • 0/0% 120 Ok% 420 0.0% • 0.0% . 0.0% • 0.0% • 0.0% Transportation 50 OA% - Ok% • 00% 50 Ok% . 0.0% • 0.0% . 0.0% • 0.0% • 0.0% Uniforms • OA% - Ok% 1,154 0.1% . Ok% . 0.0% 1,151 01% . 0.0% • 0.0% • 0.0% Entertainment • OA% - Ok% - Ok% . Ok% . 0.0% • 0.0% . 0.0% • 0.0% • 0.0% Taxi's Home • OA% - Ok% - Ok% . Ok% . 0.0% • 0.0% . 0.0% • 0.0% • 0.0% Outside Storage - OA% - Ok% - Ok% . Ok% . 0.0% • 0.0% . 0.0% 178 0.1% • 0.0% Paper Supplies • OA% 1.933 0.1% - Ok% 425 Ok% 2.259 01% • 0.0% . 0.0% 29 0.0% • 0.0% Licenses • OA% 262 Ok% - Ok% 58 Ok% 321 0.0% • 0.0% . 0.0% . MO% • 0.0% Dues & Suscriptions • OA% - Ok% - Ok% . Ok% - 0.0% • 0.0% . 0.0% 200 02% • 0.0% Kitchen Utensils & Equipment 163 00% 1.800 0.1% 623 Ok% 563 Ok% 2.200 01% 649 0.0% . 0.0% 274 02% - 0.0% Operating Equipment & Supplies 1,955 01% 2.464 02% - Ok% 2.502 0.1% 3,011 02% • 0.0% 13 0.0% . Ok% - 0.0% Other Expenses 230 00% 50 Ok% 608 Ok% 20 Ok% 50 0.0% 608 0.0% FNANCIAL STATEMENTS 20:9 20I0 • 09101 AN 3,10 V/ F&O,UMMARY Pligeldt:d R 15/02/2010/ 1119 EFTA00726633 Dukes lintel Limited MONTH January 2010 YEAR TO DATE FULL YEAR ACTUAL/BUDGET FAB SUMMARY Actual t% Budget % Last Year % Actual A's Budget % Lid Year % AChal % Budget % Last Year % - 0.0% 0.0% - 0.0% Kitchen Fuel 0.01. 0/3% . 0.0% 0.0% . 0.0% 0.0% 0471 .01% 0.0% . 0.0% Fl) Commisstorn 4.11.55 0.3% 0.0% - 0.0% 4855 03% I - 0.0% 0.0% [repeated 3 times] - 0.0% Travel Subsistence • 0.0% 19 0.0% - 0.0% 0.0% 19 0.0% 0.0% 5,813 4.7% 6,005 4.8% 4765 1.9% TOTAL OPERATING IDYENSES 83396 3.9% I 64563 43% 57,749 4.1% 94907 SA% nes 44% 77,978 4.7% 19,959 16.1% 25,615 23.3% 28.666 215% TOTAL PRORT/ LOSS 405223 SS% 434591 an ISIS SA% 485,576 283% 310583 2576 368,064 123% OPERATING STATISTICS 36 34 S2 Total Employees 35 34 SS 35 34 35 1,777 1.771 1,845 Payroll Per Fanployee 16,410 17.339 17.3513 19, 20,886 21,374 3,458 3.6 3,792 Sales Per Employee 44646 43,442 39,109 49.036 52,018 47.268 101 102 93 Covers Per Employee 14129 1,185 937 1.262 1,418 1,119 3.602 3.505 2.983 Total Covers 34029 40,580 33,138 RAW 48.554 38.999 0.07 007 0.17 Ch0a Cost Per Cover 0.16 0.06 0.14 014 0.06 0.19 0.07 Glassware Cost Per Cover 0.26 • 0.12 072 0.37 0_03 Silver Oa Per Cover 0.06 0.02 026 0.02 0.07 0.03 Linen Cost Per Cover 0.09 0.03 026 0.03 0.75 048 0.59 Laundry Cost Per Cover 0.99 051 0.69 057 0.50 0.68 0.75 048 0.59 Staff Uniform Laundry Cost Per Cover 039 051 0.69 057 0.50 0.68 0.12 0.10 0.06 Cleaning Cost Per Cover 0.10 0.12 0.09 411 0.12 0.06 0.18 033 Guest Supplies Cost Per Cover 022 029 024 0.30 1.62 1.71 1.60 Total Cam Per Cover 232 159 124 220 1.60 200 FNANCIAL STATEMENTS Z0)92010 0110JAN v Fla 9/MMARY Ape 190O2 15/02/3110/ 12419 EFTA00726634 Dukes Holel Limited P4ONTII January 2010 YEAR TO DATE PULL YEAR ACTUAL/BUDGET TITE DINING ROOM Actual % Budget % La« Year 33 Actual % Budget % Lase Year 53 Actual 33 Budget 33 Lau Year 33 REVENUE 25561 78.6% 262301 80.7% 25.307 830% Food Revenue 324226 815% 314,974 82.0% 281,691 82.9% 388,126 834% 374874 82.1% salsas 831% 6.960 214% 4415 19.3% 4,882 162% Beverage Revenue 43% 145% 69311 18.0% 58,756 17.1% 77247 166% I 82.300 17.9% 69,189 16.9% 0.0% Other Revenue • 0.0% • 0.0% • 011% 32.5$1 100.0% 33.215 100.0% 30,189 100.0% TOTAL REVENUE 390383 100.013 304015 100013 34117 100013 468473 1000% 459,174 100.0% 409,797 100.0% COST OF SALES 7299 28.6% 8442 31.5% 7,952 314% Food Cost 83,038 255% 513453 31.3% 9'1,126 32.0% 101536 264% 118251 314% 109,789 322% 2,136 307% 1,860 290% 1001 203% Beverage Cost 16,921 163% 33214 29.2% 14367 27.9% 20483 26.7% 24,001 292% MU 272% • 0.0% - 0.0% • 0.0% Other Cost of Saks 663 00% • 00% 663 0.0% - 0.0% 9,435 AO% 10.302 310% 8,953 29.7% TOTAL COST OP SALES 100422 21044 MS 309% 107)493 313% 121388 264% 142352 31.0% 178601 314% PAYROLL & RELATED EXP. 14)341 412% 13235 39.8% 21,957 72.7% Labour 134,977 31.6% 137,961 35.9% 226.709 66.0% 161,489 34.7% 141.47.1 35.8% 274.605 67.0% 1.572 4.8% 1439 4.9% 2,720 9.0% Other Payroll Related 15,535 4.0% 16297 4.4% 25309 74% 18,818 4.0% 2000 4.4% 31).908 75% 15,614 40% 14.874 440% 24485 818% TOTAL PAYROLL & RIMMED EXP. 130,512 383% MORI 42% 152.019 734% 180307 39.7% 184353 40.2% 305,513 744% OPERATING EXPENSES 0.0% • Olt% Contract Labour . 00% • 00% • 00% - 0.0% - OA% 77 0.2% 53 0.2% 502 1.7% Chen 5073 1.3% 827 02% 4,7% 14% 5,179 1.1% 933 02% 7254 1.8% 156 0.5% 0.0% • 0.0% Glassware 699 02% • 00% • 00% 689 0.1% - 0.0% - OA% 40 0.1% • 0.0% Silver 2,063 0.5% 360 0.1% • 00% 2,143 05% 110 0.1% • 011% 74 0.2% • 0.0% Operating Equipment & Supplies 1,466 0.4% 664 02% • OA% 1)513 0.3% 811 02% • 011% Si 08% 50 0.2% • 0.0% Linen 3,153 0.8% 855 02% • 00% 3.753 07% 9% 02% • 011% 1,180 34% 781 24% 707 13% Laundry 8,661 12% 10.859 Ill% 9,156 2-7% 10.375 2-2% 12.614 2.7% 18670 2.6% 60 0.2% 257 0.7% 297 1.0% Staff Uniform Laundry 2,145 0.5% 2464 0.6% 3,115 09% 2.619 0.6% 2.938 06% 3.708 0.9% 2 00% 50 0.2% • 0.0% Clewing Supplks 789 0.2% 450 OA% • 00% 889 02% %0 0.1% • 011% • 0.0% • 0.0% Contract Cleaning 350 OA% • 00% • 00% 350 0.1% - 0.0% • 011% 596 1.8% 260 08% 563 1.9% flowers & Decoration 5,533 1.4% 2400 07% 5433 1.6% 6163 1.3% 3,120 07% 6.760 14% • 0.0% • 0.0% Clirturnat Decoration • 00% • 00% • 0.0% • 00% - OA% • 0.0% • 0.0% Musk & Entertainment • 00% • 0.0% • 0.0% • 00% - OA% 361 1.1% 110 10% Guns Supplies 3,739 1.0% 3.397 0.9% • 00% 4,451 10% 4,113 09% - OA% 100 03% BR 2.7% Menu & Beverage Last 948 0.2% 900 02% LON 1.5% 1,148 02% L100 02% 5,103 12% • 0.0% Prinhng And Statiomay 192 00% • 0.0% • 0.0% 192 0.0% • 00% - OA% 25 0.1% Office Supplies 150 00% 225 0.1% • 0.0% 310 0.0% 275 01% - OA% 10 0.0% Telecommunkatiom • 00% 90 00% • 0.0% 3) 0.0% 110 00% - OA% • 0.0% Pouarp & Couriers • 00% • 00% • 0.0% • 00% - OA% • 0.0% Transportation 27 00% • 00% • 0.0% 27 00% • 00% - OA% 41 0.1% • 0.0% Commissions On Sales 4,630 1.2% • 00% • 0.0% 4430 10% • 00% 0.0% • 0.0% Entertainment • 00% • 00% • 0.0% - 0.0% - OA% 0.0% • 0.0% Uniforms • 00% • 00% 1,151 0.3% - 0.0% 1,154 03% 0.0% • 0.0% Paper Supplies • 00% • 00% • 0.0% . 0.0% • 011% 29 0.1% Licenses • 00% 262 0.1% • 0.0% 58 0.0% 321 0.1% • 011% 0.0% • 0.0% - 0.0% Dues & Suscriptions • 00% • 00% • 0.0% . 0.0% • 011% 0.0% • 0.0% - 0.0% Equipment / Repau • Knells, 163 00% • 00% • 0.0% 163 0.0% . 0.0% • Oa% 13 0.0% • 0.0% - 0.0% Other Expenses 174 00% 40 00% • 0.0% 174 0.0% 40 0.0% • 011% • 0.0% - 0.0% Kudun Fuel • 00% [repeated 3 times] - 0.0% • 011% 2.158 8" 2162 6.2% 2.871 93% TOTAL OPERATING EXPENSES 39,915 102% 24024 63% 28.902 8.4% 44,251 93% 28310 42% 34,649 85% 4,737 1.19% 8987 RUM (6321) 40.9% TOTAL PROFIT/ LOSS 99,504 253% 56,607 22-5% µ4,9A) 411% 117,0% 2.1% 108130 217% (58,965) 44.4% OPERATING STATISTICS FINANCIAL STAIEMENTS2D/92010 • C910IAN 3,105/ THE DINING P4u200132 15/T2/3/10/ 1219 EFTA00726635 Dukes Hotel Limited January 2010 MONTH DIE DINING ROOM ACIU31 `!'s Budget % Lad Year % Actual % YEAR TO DATE Budget % Last Yaw % Actual FULL YEAR ACTUAI,IBUDC ET % Budget % Last Year 8.9 ILO 14.4 Total Employees 11.7 8.0 13.3 11.7 80 15.0 3,650 4,152 201 Sales Per Employee 33.292 48.036 22404 39,675 57,997 27,293 173 204 105 Covers Per Emptovcv 1.543 2.352 1,099 1,847 2,798 1.339 1337 1,634 1,553 Total Covers 18,100 18813 14692 21,672 21,3115 24095 005 0O3 032 China Cost Per Cover 0.28 0.04 028 024 004 036 0.10 • • Glasware Cost Per Cover 0.04 - 0.03 • 002 Sitver Cost Per Cover 0.11 0.02 010 0.02 0.16 003 Linen Cost Per Cover 0.17 0.05 015 Oki 0.77 0.48 0.46 Laundry Cast Ng Cover 0.48 0.58 035 OAS 036 0.53 004 015 0.19 Staff Uniform Laundry Cost Per Caeca 0.12 0.13 019 0.12 013 0.18 0SA 003 Ckanmg Cost Per Cover 0.04 0.02 004 002 024 021 Guest Supply. Coo Per Cover 0.21 0.18 021 018 128 126 185 Total Cost Per Cover 2.21 1.28 173 204 127 122 FOOD REVENUE 14.303 11,840 13,861 Breakfast 184233 153298 146518 213,577 182,142 176,051 4.350 7,036 4,070 Lunch 54141 69,929 51390 70314 84099 60,449 4912 7,9E 7)75 Dinner 85,348 91746 84%2 104235 110,633 taktOli 25.361 SAN 25,307 TOTAL FOOD REVENUE 326226 314,974 251,691 388136 37074 240,608 BEVERAGE REVENUE 140 . 74 Breakfast 1,831 186 1,654 1,861 186 1,848 1491 2612 1,435 Lunch 21,783 24594 19,009 27459 32.670 21,931 5,129 340.3 3.373 Dinner 39,196 42131 38.094 44509 49.444 45,409 6,960 6,415 4,892 TOTAL BEVERAGE REVENUE 64333 69.311 58,756 77)41 82700 69,189 32,524 33,215 30,189 TOTAL REVENUE 390,577 3%285 343,447 465,467 459,174 409,797 BREAKFAST 31 [repeated 3 times] NoettradingDay. 306 [repeated 3 times] 366 [repeated 3 times] 31 V 32 Average Covers Per Day 37 34 33 36 34 33 960 841 968 Total Monthly Covers 11,365 10,4% 10106 13273 12,406 12347 14.90 14.03 1403 Food Spend Per Cover 16.25 14.60 14.60 1609 14.69 1449 035 007 Beverage Spend Per Cover 0.17 0.02 016 0.14 002 0.15 1504 14.03 1410 Total Average Spend 16.42 14.62 1426 1623 14.70 14.65 LUNCH 31 [repeated 3 times] Noo(TradingDays 306 [repeated 3 times] 366 [repeated 3 times] 8 13 7 Average Covers Per Day 9 12 8 9 12 8 217 400 219 Total Monthly Covers 2.228 3750 7,563 3458 4,480 3,022 1835 1759 1899 Food Spend Per Cover 20.58 18.65 2013 2033 18.77 20.00 713 6.53 635 Beverage Spend Per Cover 7.99 7.20 742 7.94 729 726 2549 2412 2514 Total Average Spend 28.57 25.85 2735 2827 26.06 V.26 DINNER 31 [repeated 3 times] No of Trading Day. 306 [repeated 3 times] 366 366 365 11 13 11 Average Covers Per Day 13 15 13 14 15 13 310 3% 346 Total MonthlyCovers 4,007 4.565 4.093 4,941 5,499 4,926 FINAPCIAL STAIEMINTS2(092010 • IMOJAN 2010 v / THE DINING ROOM F•gell *02 15/02/2010/ 1219 AY EFTA00726636 Dukes Hotel Limited January 2010 MONTH Actual % Budget % 2033 2032 l5.09 925 35.41 3007 THE DINING ROOM Last Year % 2132 Food Spend Per Cover 925 Beverage Spend Per Cover 3107 Total Average Spend YEAR TO DATE Actual % Budget % Last Year % 21.30 20.10 21.15 9.78 9.23 931 31.08 2933 3046 FULL YEAR ACTUAL/BUDD ET Actual % Budget % 21.10 941 3051 Lau Yeas % 20.12 21.13 8.99 922 29.11 3035 FININCIAL STATEMENTS 9099N0. 0910JAN 3)10v/ ME DINING ROOM Page 22 MX! 0/02.13110/ 19419 EFTA00726637 Dukes Hotel Limited January 2010 NION111 YEAR TO DATE FULL YEAR AGTUADBUDGET TIIE DRAWING ROOM Actual % audio % Last Year % Actual % os4a % Last Yeas % Actual % INA" % Lag Yeas % REVENUE 4492 SU% 4459 86^ 309 86% Rag Itcytuue 51293 765% 53238 852% 46,517 83" 60031 77.8% 61,894 16.4t 54,713 840% 384 115% 676 332% 623 144% ne.,//qp Rivnio 15.763 235% 9215 348% 9,0113 162% 37,331 r.r. IRMO 14" 301404 16.0% 00% - 00% - OW% Cahn. Revenue • 010% - 00% 5,076 100.0% 5,3Z 100.0% 4422 1000% TOTAL REVENUE 67457 10.0% 62..O3 IOW" 55.520 1000% 77,161 100.^ 72.479 DIU" 65..107 1001" COST Of SALES 12$2 283% - 00% 1.162 314% loed Cost 13.901 271'c 1089 330%' 11905 22% • 00% 1709 32.2% 374 29" . 00% 328 205% UM*/ COO 4,393 256% 2362 213% 4,191 245% . 00% 2281 27.7% . 00% - 00% Odin Cod . 0.0% . 00% - 00% 1,456 28.7% 3.290 19" TOTAL COST OF SALES 18240 DUN 17,451 31" IRMO 235% 20.540 313% PAYROLL & RELAY/OUP. • 0.0% • 00% - 00% Labour • 0.0% 00% - 00% • 0.0% • 00% - 00% Can« Payroll Realed 0.0% 00% - 00% 0.0% TOTAL PAYROLL & RELATEDEXP. - ILO% OPERATING DCPENSES 54 3.1% . 00% - 00% China 151 02% . 0.0% 353 0.2% . 08% - Q0% • RO% . 00% - 00% Isundry SG 1.3% • 0.0% 2.863 5.2% 86 1.1% . 00% 3,335 5.1% - 0.0% • OW% 221 53% SuIlVnllwmL.andry y 04% • 0.0% I - 00% - 0.0% • 0.0% • 00% - 00% Claming Supplies. 0.0% • 0.0% . 0.0% . 08% - OA% • 0.0% . 00% - 00% CanizAi Cluanins 00% • 0.0% . 0.0% . 08% - OA% - 0.0% • OW% - 00% Hower, & Doreraum 903 1.5% 983 1.3% • 00% - 0.0% • 0.0% • OW% - 00% ChnsennOneeasen 500 0.0% 500 00% • 00% - 0.0% • 0.0% . 00% - 00% /43e4c & Enictuinmant 0.0% • 0.0% . 00% . 0.0% . 08% - OA% - 0.0% • OW% - 00% Coen Supplies 13 04% 13 0.0% - 00% - 0.0% • 0.0% • Ok0% - 00% Menu & Beveroug lam 0.0% - 00% - 0.0% • 0.0% . 00% - 00% Natant And Stationary 0.0% • 0.0% . 00% . 0.0% . 00% - OA% • 0.0% . 00% - 00% 011itv5up~ 0.0% • 0.0% . 00% . 0.0% . 00% - OA% - 0.0% - OW% - 00% Tekaommummors 0.0% -a0% -a0% • Ok0% - 00% Posuge & Como" 00% - 00% - 0.0% • 0.0% . 00% - 00% Trampotuiton 0.0% • 0.0% • 00% . 00% . 00% - OA% • 0.0% . 00% - 00% LISA" 0.0% • 0.0% • 00% . 00% . 08% - OA% • Ok0% - 00% Entertunment 0.0% • 0.0% 00% - 00% • 0.0% - Ok0% - 00% Tani-low 0.0% - an - an an - 0.0% • 0.0% . 00% - 00% Outtiät SiotaAt 00% • 0.0% . 00% • 0.0% 08% - OA% - 0.0% • OW% - 00% Papa/Suppler, 0.0% - 0.0% 00% - 0.0% • 0.0% • OW% - 00% lueme - 0.0% 00% - CW% • 0.0% . 00% - 00% IA" AStrunpiittru • 0.0% . 0.0% • 0.0% 08% - ClO% • 0.0% . 00% - 00% Kiidon% Equiprunu • 0.0% . 0.0% • 0.0% 08% - ClO% - 0.0% • OW% - 00% ClIter Expenses - 0.0% 641 1.1% - 0.0% 00% 018 09% 90 IS% 0.0% 221 3.1% TOTAL OPERATING EXPENSES 2.373 33% 2469 62% ;SS 33% 0.019 3,912 60% U 2329 693% 5,15 NOD% 2311 65.0% TOTAL PROF1171.126S 46,431 692% 62373 200O% ~00 623% 56.537 733% 72479 3005% 411.7115 624% IINANCIALSTAIDAINT53121)103•0010pANMOrfITICIAAVOINGWYJAI raeraoisa LVCOMIII0/ ILIU EFTA00726638 Dukes Hotel Limited January 2010 MONTH YEAR TO DATE FULL YEAR ACTUAL/BUDGET ME DRAWING ROOM Actual 4 Suomi 4 1.54 Yes 4 AdUal Budget Lag Yam 96 Actual 4 Budget Lag Yew % OPERATING STATISTICS Tette Employees - SA05EPm Employee - - COM. Put Eacknve - 171 1111 556 Toul Coos 4,099 4.00I ENO 4479 11,7114 5,659 0.1l - China Cool MI COP/1 004 010 WM 0 GlauwaN Cosl I% Cowr 001 001 0 Styr Cost Per Cover - 0 linen Cost Pet Cover - 0 laundry Cest Pee Rouge 021 030 0.17 059 0.40 Sufi Uniform Laundry Con FBI Cover - 0 Cleaning Cog Pa Cover - 0 CAN0 Supp1146 OH l'or Cesar 010 OGG 0.19 0397158273 Total Cost Per Cowl' 062 0.70 052 063 FOOD REVENUE 356 500 918 1155.140 1547 9502 13,580 2447 IOW 13920 915 701 716 Lunzh 11,217 9407 7432 12.309 1017119 6260 3,118 3X02 1,509 Al temcon lea 19222 28.302 18,979 25,366 34146 22582 102 165 516 Curer 19410 ****** 6,077 6)26 19510 6.577 7501 402 4,459 5699 TOTAL 1200 REVENUE 31.295 55,158 44512 445031 61.444 54,761 BEVERAGE REVENUE 14 188 114flklial 823 191 1.351 873 191 1.507 219 161 87 Luroth 1,955 3,479 1.530 3,287 2,731 1.743 261 381 301 Antenna,. Tea 1,719 3,591 4589 2,517 4359 5.364 91 130 87 Dray 10231 2,954 1,533 10581 3,304 1.70$ 594 06 tas TOTAL BEVERAGE REVENUE emit REVENUE 15,761 9,08 9.0,03 17,131 10,533 10.404 Othn Revenue 9476 5.136 1513 TOTAL REVENUE 47407 62173 53510 72163 75179 65,167 BREAKFAST 31 [repeated 3 times] No of Trading Days 306 [repeated 3 times] 316 363 363 2 3 I Avurake,Coms Put Day 1 3 6 3 6 61 100 41 Toul MonthlyCovers 436 900 1,915 636 1.100 2.173 557 5X0 2239 160.1.5prnd Per Cover 424 10.09 709 4.48 9.17 7.33 021 49/ 1100nae,Smnd 14t Conn 119 021 0.71 119 0.17 0,69 5.78 540 BA Tool Move Send 6.13 1030 780 5.77 934 BM LUNCH 31 [repeated 3 times] No of Trading Days 306 [repeated 3 times] 316 365 365 5 3 6 Avenge Goya. Pet Dry 4 4 2 4 4 156 108 180 Total Monthly Covers 1,176 1..269 472 1.341 4436 536 512 630 3.56 Foal Span) I% Cam 954 7.63 16.17 9.16 751 1651 1.40 LW 048 110,040,Spnal Put Cann 2.31 1.96 324 239 ISO 336 727 430 4.46 Foul 4rtme Spend 1205 940 1941 1155 9.42 19.72 IINANCIALSTAILNINT53113)10/•0010PAN)000v/ TIICURAYIINfaCOOM 4,84240432 w/09/944,/ 1119 EFTA00726639 Dukes Hotel Limited January 2010 MONTH YEAR TO DATE FULL YEAR ACTUAL/BUDGET TIME DRAWING ROOM Actual % Budget % Lam Yes % Actual S Budget S Lag Yne % Actual % Budget % Latt Yeas % AFTERNOON TEA 31 [repeated 3 times] Noce lodeng Day, 306 [repeated 3 times] 365 [repeated 3 times] 9 3 9 AveraupCcnot Mr Day 5 a 11 6 3 It 256 232 Total Monthly Creura 1.594 zsa 7366 2.106 2.260 3666 10.3) 12(13 5.49 /9015991 Pr Cover 1200 1205 566 1204 1206 522 091 150 0.93 %+m% Spend Per Cover 110 153 136 1.19 1.52 139 1128 1350 6.42 Total Anna/35%3d 13.16 1358 7/0 1324 1357 721 DINNER 91 31 31 Nod Toden3139% 306 [repeated 3 times] 365 [repeated 3 times] I 3 %era% Coons rut Day I 1 I 4 1 4 28 37 96 Total Mond% agog 1.329 388 1222 1,429 368 1223 31,3 SAO 149 Feud Spend Eve COVel 1430 1.566 514 1365 13.40 522 350 0.93 %cake/Spend Pis Cover 770 761 136 7.41 617 139 6Th 666 850 6.41 TOW AverkireSpcnd 2200 2328 700 2106 2025 721 IINANCIALSTAILNINTSIMMOI•0010pAN)000r/ TIIC COAVIDIC ROOM Ewe Dam B/02,11110/ 1119 EFTA00726640 Dukes Hotel Limited Actual % 11103/111 Budget January 2010 % last Year % DUKES BAR REVENUE Actual % YEAR TO DATE Budget % Late Year % Actual FULL YEAR ACTUAL/BUDGET % Budget % Last Year % 518 10% 1.551 3A% 427 0.9% Food Revenue 1677 0.7% 11547 23% 5.538 1.1% 6.686 1.0% 16.5% 26% 6.184 1.0% 50.137 W.1% 50.671 970% 47.369 93.5% Bererape Revenue 538161 932% 524.972 973% 439.453 ØA% 643.694 983% 630.461 974% 592.980 935% 0.0% • 0.0% 00% Room Ilue - Oa% • AO% • 0.0% • 0.0% • 0.0% 445 0.9% • Ok% 309 06% Tobacco Revenue 3.687 0.7% 98 011% 2.491 03% 3.687 0.6% 98 0.0% 2.691 0.4% 0.0% • 0.0% GO% Other Revenue • 0.0% • 0.0% • Ok% • 00% • ROY 51,101 1010% 52.252 1000 45,101 101091 TOTAL REVENUE 503,526 100.4% 538,572 100.42% 497,471 180.0% 651,067 103.0% 647,114 1010% 601,855 1010% COST OF SALES 148 283% 458 2911% 131 31,1% ØCø1 989 26.9% 4.096 302% 1946 313% 1.861 27.8% 4.968 30.0% 1.965 318% 14.918 29.8% 13.681 27.0% 9,712 7123% Beverage Cost 141,484 26.8% 145,157 272% 137,563 293% 172.978 26.9% 173,851 27.6% 162.2% 27.4% 0.0% • 0.0% • 0.0% Tobacco Cast of Sales 515 14.8% • 011% 683 27.5% 545 14.8% - 0.0% 683 254% 0.0% • 0.0% • 0.0% Other Cost of Saks • 0.0% Ok% • 0.0% • 0.0% • 0.0% • OD% 15,066 293% 14,160 27.1% 9,846 20.5% TOTAL COST OF SALES viSput 268% 149,433 27.7% 129,991 281% 173,384 26.8% 178,819 276% 164,912 VA% PAYROLL & RELATED EXP. 6802 133% 6.053 11.6% 5.750 120% Labour 60)72 113% 59,317 1111% 55377 112% 72.499 11.1% 71.444 1111% 70.938 118% 791 13% 949 1.8% 669 14% Other Payroll Related 13.490 2.5% 9,079 12% 6.775 13% 15.389 2A% 10.978 12% 8.205 1.4% 7,593 14.9% 7,002 134% 4419 Al% TOTAL PAYROLL & RELATED EXP. 73362 133% al% 122% 65,102 13.1% 87,099 114% 82.422 117% 79,141 111% FNANCIAL STATEMENTS 2039 20I0 • 0910JAN v MICE BAR Age WW/MO/ 1219 EFTA00726641 Dukes Hotel Limited January MONIII 2010 YEAR TO DATE FULL YEAR ACTUAL/BUDGET DUKES BAR Actual % Budget % Last Year % Actual % Badge. % Last Year % Actual % Budget % Last Year % OPERATING EXPENSES 0.0% . 0.0% • GO% Contract Labour . 0.0% - 0.0% . 0.0% . 0.0% . 0.0% . 00% 0.0% 50 0.1% • OD% China . 0.0% 450 0.1% . 0.0% 100 0.0% 550 0.1% • 00% 69 0.1% . 00% - OD% Mumma.° 8,698 1.6% - 00% 3,996 0.8% 8.698 13% • OA% 14.348 24% 0.0% 10 00% - GO% Silver . 0.0% 90 00% . 0.0% 20 OA% 110 0.0% • 00% 0.0% • 0.0% • 0.0% Office Supplies 35 0.0% - OA% . OA% 35 OA% • 0.0% • 0.0% 0.0% 50 0.1% • 0.0% Operaung Equipment & Supplies 111 0.0% 450 0.1% . 0.0% 211 0.0% 550 0.1% • 0.0% 0.0% . 0.0% . 0.0% Ian . 0.0% - 0/3% . 0.0% . 0.0% . 0.0% . GO% 0.0% 89 02% 88 02% laundry 337 0.1% 750 0.1% 1,145 02% 507 0.1% 920 0.1% 1.334 02% 80 02% 79 02% 82 02% Staff Uniform Laundry 5s)? 0.2% 802 0.1% 801 02% 1.067 02% 960 0.1% 978 02% OA% 20 OA% • GO% CleaningSupplics 1(6 0.0% 180 0.0% . 0.9% 145 0.0% 2.20 0.0% • GO% OA% • 0.0% • GO% Contract Cleanim . 0.0% • OA% . OA% • 0.0% - 0.0% • 0.0% 240 03% 182 03% 217 03% Flowen & Denwatico 2,664 0.5% 1,820 03% 2,167 0.4% 3.028 03% 2.184 03% 2.600 0.4% OA% • OA% • GO% Christmas Decoration 60 0.0% • 00% . 0.0% 60 00% • 00% • GO% OA% • OA% - OD% Music & Entertainment - 0.0% - 00% . 0.0% • 00% - 00% • GO% 5 OA% 661 13% • GO% Guest Supplies 1,489 0.3% 6.190 1.1% . 0.0% 2359 0.4% 7.561 12% • GO% OA% 45 0.1% • OD% Menu 6. Beverafrfr List 948 0.2% 405 0.1% - 0.0% 1.038 02% 495 0.1% • GO% OA% • 0.0% • OD% Punting And Stationary 85 0.0% • 0.0% . 0.0% 85 0.0% • 0.0% • GO% OA% 25 0.0% - GO% Paper Supplies - 0.0% 123 0.0% . 0.9% 50 0.0% 225 0.0% • GO% OA% . 0.0% - OD% Tetercmmunicanorn . 0.0% - 0.0% . 0.0% • 0.0% - 0.0% • GO% 0.0% . 0.0% . GO% Pottage & Conners . 0.0% - 0.0% . 0.0% . 0.0% . 0.0% . GO% OA% . 0.0% - GO% Transportation - 0.0% - 0.0% . 0.0% • 0.0% - 0.0% • GO% 0.0% 0.0% . GO% Uniforms . 0.0% - 0.0% . 0.0% . 0.0% . 0.0% . GO% 0.0% 0.0% . GO% Entertainment . 0.0% - 0.0% . 0.0% . 0.0% . 0.0% . GO% OA% 0.0% - OD% TaX3% Hanle - 0.0% - 00% . 00% • 0.0% • 00% • OD% OA% 0.0% • GO% OutudeStorapp - 0.0% - 0.0% . 0.0% • 0.0% - 0.0% • OD% 002 OA% . GO% Lk-ernes . 0.0% - 0.0% . 0.0% . 0.0% . 0.0% . GO% 002 OA% - OD% Dues & Suscnpnons - 0.0% - 0.0% . 0.0% • 0.0% • 0.0% • GO% OA% 0.0% - OD% Kitchen Utensils - 0.0% - 0.0% . 0.0% • 0.0% . 0.0% • OD% 0.0% 0.0% • GO% Other Expenses 14 0.0% ID 0.0% . 0.0% 14 0.0% 10 0.0% • 00% OA% 0.0% . GO% Kitehtn Fuel . 0.0% - 0.0% . 0.0% . 0.0% . 0.0% . 00% 392 OS% 1,211 21% 297 OS% TOTAL OPERATING ID(PENSES 15,456 28% 11.373 21% MOB 1" 17,919 21% 12,839 21% 19,229 3.2% 2SAILI 34.9% 29,900 57291. 31,452 MA% TOTAL PROFIT/LOSS 210,189 MS% 31:12,252 57.4% 2~01 57.1% 272,876 57.09.1 272,039 373% 330,490 962% FINANCIAL StAIEMINIS 2117•2010 • 000IAN 3,10v/ 01.103BAR Age.Z7Cd 52 15/02/2100/ 12.19 EFTA00726642 Dukes Hotel Limited 111014111 January 2010 YEAR TO DATE FULL YEAR ACTUAL/BUDGET DUKES BAR Actual % Budget % Last Year % Actual % 1108Bet Last Year % Actual % Budget % Last Year OPERATING STATISTICS 40 40 4.0 Total Employees 4.0 40 [repeated 3 times] 4.0 lO 12,775 11061 12026 Salt. Per Employee 136381 134,643 124.368 163517 161..779 150,464 730 897 743 Covers Per Employee 6325 9,104 7,654 8.187 10,966 9,183 2918 3,590 2.972 Total Covers 25295 36,416 30414 32747 43,861 36,730 001 - China Cost Pm Cover - 001 • ODO OM 0.02 Glassware Cost Per Cover 034 • 013 027 • 0.39 ODO Sher Cmt Per Cover 000 Om ODD Lemmata Per Cover • [repeated 3 times] OM 0.03 laundry Cost Per Cover 001 002 OO1 OM 0.02 0.04 Om Om 0.03 Staff Uniform Laundry Cost Per Cover O04 002 Om Om OM 0.03 OM Cleaning Cost Per Cover 000 CIAO Om OM O00 0.18 Guest Supplies Cost Pm Cover 006 017 0.09 017 0.13 031 0.11 Total Cost Per Cover 061 031 026 055 0-12 0.52 FOOD REVENUE Breakfast 49 1.581 92 Lunch um 13,332 1.583 4.050 16.336 1.733 Afternoon Tea 569 569 Coctails 469 335 Dinner 2067 220 3,956 2.067 220 4,451 SIB 101 427 TOTAL FOOD REVENUE 3477 13.347 3538 086 1604 4184 BEVERAGE REVENUE • Breakfast - - • 18,690 465 17.717 Lunch 163A63 4,373 145,833 164.548 5.258 174,345 Afternoon Tea 1.022 - 1.022 Oxtails - 31,447 50206 29.652 Dinner 373,475 520556 343620 478.123 625.203 418.635 50,137 34.671 47,369 TOTAL BEVERAGE REVENUE 533160 524.928 489,453 643,693 63081 592980 OTHER REVENUE Room Hire 445 309 Other Revenue 3.647 98 2.4131 3.687 98 2.691 51,101 52252 48,104 TOTAL REVENUE 545,525 536,573 497,473 664066 647,114 601055 % FINANCIAL STATEMENTS Z0)92010 0910JAN 9010vi 0410315AR Doe:Sol R 17/02/2010/ 1239 EFTA00726643 Dukes Hotel Limited January 2010 Actual % Budget % Laa Year % DUKES BAR UUNCII Actual % YEAR TO DATE Budget % Last Year % Actual PULL YEAR ACTUAL/BUDGET % Budget % Last Year 31 [repeated 3 times] Woof Trading Days 306 [repeated 3 times] 365 [repeated 3 times] 6 Average Covers Pa Day 27 5 24 5 I86 Total NIcuthly Covers 8289 1,563 8,613 1.917 0.04 850 Food Spend Per Cover 0.13 8.53 0.47 852 1624 250 Beverage Spend Per Cony 1924 290 19.04 274 1628 11£0 Total Average Spend 1927 1132 1951 1126 DINNER 31 31 No of Trading Days 306 [repeated 3 times] 365 [repeated 3 times] 57 110 96 Average Covers Tty Day 56 114 100 66 115 101 1267 3.406 2.972 Total Monthly Covers 17,009 34453 30,614 24.104 41.947 36,730 027 • Food Spend Per Cover 012 0.01 013 0J» 041 0.12 17.80 14.75 9.% Beverage Spend Per Cover 21.96 14.96 1122 1984 14% II.40 18.06 14.75 10.09 Total Average Spord 2249 14.96 1125 1992 1491 11.52 % FNANCIAL STATEMENTS 20:9 20I0 • 0910JAN v MICE BAR Apr 29.1 52 WW/MO/ 12:19 EFTA00726644 Dukes Hotel Limited MONTH January 2010 YEAR TO DATE FULL YEAR ACTUAL/BUDGET ROOM SERVICE Actual % Budget ti Last Year % Actual % Budget % Last Year % Actual % Budget % Last Year % REVENUE 9,530 884% 10,146 87.9% 8,405 88.8% Food Revenue 100,999 915% 112481 88.0% 110,404 870% 121,769 90.7% 133,650 870% 130286 88.0% 1,256 11.6% 1,401 111% 1,062 11.2% Beverage Revenue 9,352 85% 15,423 120% 15,329 112% 12320 9.3% 18,392 112% 17.803 12.0% • 00% • 00% • 0.0% Room Hire • 0.0% • 0.0% [repeated 4 times] • 00% • 0.0% • 00% • 0.0% Otta..r Revenue - 0.0% • 0.0% [repeated 3 times] • 00% • 00% 14786 100D% 11,347 1000% 9,467 1000% TOTAL REVENUE 110,331 1000% 128,304 10110% 113,733 100.0% IslAss mac 132,242 100.044 148609 100.044 COST OF SALES 2,721 21.6% 4,527 444% 2441 31.4% Food Cost 27.275 27.0% 51,212 454% 35,337 310% 36,422 29.9% 60259 45.2% 41,996 32.2% 374 290% 540 315% 217 20.4% Beverage Cast 2.475 265% 6,571 424% 4.362 285% 1655 292% 7,751 41.7% 4,929 27.7% - 0.0% • 0.0% • 0.0% dim Con of Sale. 7 0.0% • 0.0% • 0.0% 7 0.0% • 0.0% • 0.0% 3,093 28.7% 3,067 43.9% 2.288 30.2% TOTAL COST OF SALES 29,737 27.0% 37,783 43.0% 39499 31.6% 40,084 29.8% 68,110 447% 46.925 31.7% PAYROLL Is RELATED EXP. 2.303 212% 2,624 227% • 0.0% Labour 22.719 20.6% 23,253 111% • 0.0% 27,976 20.8% 28,509 HO% 0.0% 549 83% 289 15% • 00% Other Payroll Related 3,796 3.4% 2.355 20% • 0.0% 4.375 13% 3,134 11% • 00% 1071 233% 2,913 23.234 • 0054 TOTAL PAYROLL 8, RELATED EXP. 26,513 24.0%, 28808 28.1% 32330 24.1% 31413 288% • 0.0% FINANCIAL STATEMENTS 20/9 EON 0110IAM N10v/ ROOM SERVICE Age10oi 52 IS/02/2010/ 1919 EFTA00726645 Dukes Hotel Limited January MONTH 2010 YEAR TO DATE FULL YEAR ACTUAL/BUDGET ROOM SERVICE Actual % Budget % Last Year ti Actual % Budget % Last Year % Actual % Budget % Last Yew % OPERATING EXPENSES 0.0% • 0.0% 0.0% Contract labour - 0.0% - 0.0% • 0.0% • 0.0% • 0.0% 0.0% 109 1.0% 50 0.4% 0.0% China 255 02% 450 0.4% • 00% 355 0.3% 550 0.4% • 0.0% 0.0% • 0.0% 0.0% CLisswair - 0.0% - 0.0% • 0.0% • 0.0% • 0.0% [repeated 3 times] 25 0.2% 0.0% Sdver - 0.0% 225 02% • 00% 50 0.0% 275 0.2% • 0.0% 0.0% 15 0.1% 0.0% Linen - 0.0% 135 OA% • 00% 30 0.0% 165 0.1% 0.0% 0.0% 50 0.4% 0.0% Operating Equipment & Supplies - 0.0% 450 0.4% • 00% 100 0.1% 550 0.4% 0.0% 828 7.7% 627 5.4% 221 13% Laundry 6,546 5.9% 6,579 5A% 2861 23% 7,899 5.9% 7,925 52% 3.335 13% 159 1.5% • 0.0% 0.0% Staff Uniform laundry 1,164 1.1% - 0.0% • 00% 1,164 0.9% • 0.0% 0.0% 46 0.4% 30 0.3% 0.0% [leaning Supplies 46 0.0% 270 02% • 00% 106 0.1% 330 0.2% 0.0% 0.0% • 0.0% 0.0% Contract Clewing - 0.0% • 0.0% [repeated 4 times] 0.0% • 0.0% • 0.0% 0.0% Flowers & Decoration - 0.0% • 0.0% [repeated 4 times] 0.0% 0.0% • 0.0% 0.0% Music & Entertainment - 0.0% • 0.0% [repeated 4 times] 0.0% 0.0% • 0.0% 0.0% Guest Supplies - 0.0% - 0.0% • 0.0% • 0.0% • 0.0% [repeated 3 times] 50 0.4% 0.0% Menu & Beverage Use 522 OS% 450 0.4% • 00% 622 0.5% 550 0.4% 0.0% • 0.0% • 0.0% 0.0% Printing And Stationary 85 01% - 0.0% • 00% 85 0.1% • 0.0% [repeated 3 times] 5 0.0% 0.0% afice Supplies - 0.0% 45 0.0% • 00% 10 0.0% 55 0.0% [repeated 3 times] • 0.0% 0.0% Telecommunications - 0.0% • 0.0% [repeated 4 times] 0.0% 0.0% • 0.0% 0.0% Postage& Couriers - 0.0% - 0.0% • 0.0% [repeated 3 times] 0.0% 0.0% • 0.0% 0.0% Tranapcnation - 0.0% - 0.0% • 0.0% [repeated 3 times] 0.0% 0.0% • 0.0% 0.0% uniforms - 0.0% - 0.0% • 0.0% [repeated 3 times] 0.0% 0.0% • 0.0% 0.0% Entertainment - 0.0% - 0.0% • 0.0% [repeated 3 times] 0.0% 0.0% • 0.0% 0.0% Taxi's Home - 0.0% • 0.0% [repeated 4 times] 0.0% 0.0% • 0.0% 0.0% Outside Storage - 0.0% - 0.0% • 0.0% [repeated 3 times] 0.0% 0.0% • 0.0% 0.0% Pape:Supplies - 0.0% - 0.0% • 0.0% [repeated 3 times] 0.0% 0.0% • 0.0% 0.0% Licenses - 0.0% - 0.0% • 0.0% [repeated 3 times] 0.0% 0.0% • 0.0% 0.0% Dues & Suscriptiores - 0.0% - 0.0% • 0.0% - 0.0% • 0.0% [repeated 3 times] • 0.0% 0.0% Kitchen Utensils - 0.0% - 0.0% • 0.0% . 0.0% . 0.0% [repeated 3 times] • 0.0% 0.0% Otter Evens... 3 0.0% • 0.0% - 0.0% 3 0.0% . 0.0% [repeated 3 times] • 0.0% 0.0% Kitchen Fuel • 00% • 0.0% - 00% . 0.0% . 0.0% 0.0% 1,140 104% 852 78% 221 2.3% TOTAL OPERATING EXPENSES 8.620 7.8% 6.7% 2,861 13% 10,414 78% 10,398 6.8% 3.335 7-3% OM 3/181 32-3% 1713 23.5% (2211 -2.3% TOTAL PROFTT/ LOSS 118611 .23% 51,640 38.3% 41091 2/6% 413351 .13% 45.458 413% 36,109 211.1% FNANCIAL STATEMENTS ZON 20I0 01I0JAND/I0vi ROOM SERVICE Enell 002 15/02/2010/ 1239 EFTA00726646 Dukes Hotel Limited Actual % MONTH Budget January 2010 % Last Year % ROOM SERVICE Actual % YEAR TO DATE Budget % Last Year % Actual FULL YEAR ACTUAL/BLOM % Budget % Last Year OPERATING STATISTICS 2.0 7-0 1.8 Total Employees IS 10 14 1.8 2.0 1.3 5.393 5.774 5.259 Sales Per E.mployee 61,306 64,152 78,583 74.605 76,121 111.067 475 402 341 Covers Per Employm 4344 4,882 4,307 5.554 5,791 5,093 949 806 614 Taal Covers 8.179 9,763 091 9,997 11,582 7,467 0.12 0.06 China Cost Per Cover 0.03 0.06 0.04 0.05 • Glassware Cost Per Cover • • - 0.03 Silver Cost (*Cover 0.02 0.01 0.02 • 0.02 Linen Cost Per Cover 0.01 0.00 0.01 0.87 0.78 0.36 Laundry Cost Per Cover 0.80 0.67 0.42 0.79 0.68 0.42 0.17 • Staff Uniform Laundry Cost Per Cover 0.14 • 0.12 - 0.05 0.04 Cleaning Cat Per Cover 0.01 0.03 0.01 0.03 • • Guest Supplies Cost Pa Cover • • - 1.20 1.06 0.36 Total Cost Per C.cmcv 1.06 0.88 0.42 1.04 0.90 0.42 FOOD REVENUE 5,265 5,532 3470 Breakfast 59.366 56,983 54,318 69,223 66,840 62718 647 980 1.218 Lunch 5.215 10,799 12,994 7,449 13,034 15)369 Afternoon To. 125 4 125 413 Cocktails • 3,618 3,614 2517 Dinner 36.418 44,973 43049 45,096 53,612 51,016 9,330 10,146 LOS TOTAL FOOD REVENUE 100,999 111881 110,404 121,768 133,650 130,2116 BEVERAGE REVENUE 91 321 Breakfast 790 2.305 790 2566 64 300 148 Lunch 504 3.319 2,606 1,185 3,997 2,972 Afternoon Tea - Coctails - 1,102 1,102 592 Dinner 8.054 11104 10418 10,545 14.395 12.265 1,256 1,401 1,061 TOTAL BEVERAGE REVENUE 9)32 15,411 15.329 11520 18,592 17,1103 OTHER REVENUE Room Hire Other Revenue 10,786 11,5/7 9,466 TOTAL REVENUE 110)31 yam 123,733 134,288 152242 146939 if., FINANCIAL STATEMENTS 20/9 EON MIRIAM 20105/ ROOM SERVICE fist 32 ol 0/02/2010/ 1119 EFTA00726647 Dukes Hotel Limited January 2010 MONTH YEAR TO DATE FULL YEAR ACTUAL/BUDCET ROOM SERVICE Actual % Budget 41. Last Year 41. Actual % Budget % Last Year % Actual % Budget % Lan Year BREAKFAST 31 [repeated 3 times] No of Trading Days 306 [repeated 3 times] 365 [repeated 3 times] 18 12 10 Average Covers Per Day 16 15 II 16 15 10 543 379 306 Total Monthly Covers 5,001 4,530 3,260 5,859 5,397 3,559 9.70 14.65 11.99 Food Spend Per Cover 11.87 12.58 16.66 11.82 12.41 17.23 0.17 1.05 Beverage Spend Per Cover OtI6 • Ot7t 0.13 • 0.69 9.86 14.65 13.04 Total Average Spend 1103 12.58 17.37 11.95 12.41 17.92 LUNCH 31 [repeated 3 times] No of Trading Days 306 [repeated 3 times] 365 [repeated 3 times] 2 5 2 Average Covers Per Day 1 6 3 2 6 2 55 150 71 Total Monthly Covers 444 1,759 804 783 2,098 912 11.76 6.54 17.15 Food Spend Per Cover 11/4 614 1616 9.52 6.21 16.52 1.16 2.00 2.08 Beverage Spend Per Cover 1.14 1.89 3.24 1.51 1.91 3.26 12.92 8.54 19.24 Total Average Spend 12.89 8.03 19.40 11.03 8.12 19.78 DINNER az NIGHTS 31 [repeated 3 times] No of Trading Days 306 [repeated 3 times] 365 [repeated 3 times] II 9 8 Average Covers Per Day 9 II 9 9 II 9 351 275 237 Total Monthly Covers 2.734 3,474 2.827 3257 4,097 3.246 10.31 13.12 14.444 Food Spend Per Cover 1132 1195 15.24 13A3 13.10 15.74 3.14 4.00 2.50 Beverage Spend Per Cover 195 148 169 3.14 3.56 3.78 13.45 17.12 17.34 Taal Average Spend 1627 16.43 1893 1658 16.66 19.52 % FINANCIAL STATEMENTS 20/9 20I0 MIRIAM 20I0 ROOM SERVICE Rage3444/2 IS/02/3RO/ 1249 EFTA00726648 Dukes Hotel Limited Actual 16 MONTH Budget January 2010 % Last Year % MPD REVENUE Actual % YEAR TO DATE Budget % Last Year % Actual PULL YEAR ACTUAL/BUDGET % Budget 14 Last Year Sh 10,680 48.1% 9,620 43.5% 14,093 50.0% Food Revenue 144950 515% 162.276 462% 169,910 48.4% 182322 51.0% 197,618 46.7% 194661 48.9% 5,485 24.7% 5,218 23.7% 7.462 26.5% Beverage Revenue 70,758 248% 89,595 73.2% 84081 24.5% 89,698 73.1% 107535 25.4% 95,976 24.1% 6,056 27.3% 4%0 31.2% 6435 23.5% Room Hire 67,790 73.7% 94661 273% 95,297 17.1% 86490 217% 113,361 26.8% 107213 27.0% • 0.0% 350 1.6% Other Revenue • 0.0% 3,470 1.0% - 0.0% 750 0.2% 4,233 1.0% - 0.0% 22,221 1000% 24107 100.014 28.209 100.0% TOTAL REVENUE 285,497 100.0% 351,002 1000% 151,278 1000% 357,460 100.0% 421%4 100.0% WOO 1090% COST Of SALES 3319 211.5% 2.750 29.0% 4,428 31.4% Food Cost 39,351 268% 47095 29.0% 54,421 310% 49439 27.2% 57343 29.0% 62.605 312% 1,634 29.8% 1288 26.5% 1534 20.5% Beverage Cost 18,749 265% 23,932 27.0% 23,845 27.7% 21,769 263% 28,951 26.9% 26,069 27.2% • 0.0% 175 500% Other Cost of Sales 1,059 0.0% 1,735 50.0% • 0.0% 1433 191.1% 2,110 50.0% 4693 21.1% 4,353 19.7% 5,962 211% TOTAL COST OF SALES 39,199 20.7% 72,752 20.7% 79.266 22.3% 74.1111 20.9% 84401 20.9% 8074 21-1% PAYROLL & RELATED EXP. 10,759 464% 10,717 48.5% 5391 19.1% Labour 104,510 36.6% 100,807 267% 26,091 7.4% 125,969 351% 121265 28.9% 37260 9.4% 894 4.0% 1.402 6.3% 599 21% Other Payroll Ratted 8,575 3.0% 13,116 37% 4,210 1.2% 11.382 3.2% 15321 16% 5501 1.4% 11,642 52.4% 12,119 561% 5,989 211% TOTAL PAYROLL & RELATED EXP. 113,086 394% 113,924 315% 30301 8.6% 137,330 38.4% 138,103 317% 42,761 10.7% FINANCIAL STATEMENTS ZON 20TO INIOIAN 9010 x/ MELTING & PRIVATE DINING Ns. ol 2 IVOR/3RO/ 1119 EFTA00726649 Dukes Hotel Limited January MONTH 2010 YEAR TO DATE PULL YEAR ACTUAL/BUDGET MPD Actual ti Budget ti Last Year ti Actual % Budget % Last Year % Attila % Budget % Last Year % OPERATING MENSES • 0.0% • 0.0% DAM Contract Labour • 0.0% [repeated 3 times] • 0.0% • 0.0% 13 OA% 75 0.3% DAM 011112 137 0.0% 675 02% • 00% 287 OA% 825 0.2% 3 0.0% • 0.0% DAM Glassware 118 0.0% • 0.0% • 0.0% 118 0.0% • 00% • 0.0% 32 OA% DAM Silver • 0.0% 284 0.1% • 0.0% 63 0.0% 147 OA% • 0.0% 100 0.5% DAM Operating Equipment & Supplies • 0.0% 900 03% • 0.0% 200 OA% 1,100 0.3% • 0.0% 26 OA% OD% Linen 100 0.0% 236 0.1% • 0.0% 152 0.0% 289 OA% 693 3.1% 182 0.8% 530 1.9% Laundry 4,832 1.7% 2429 OS% 6,867 10% 5,432 1.5% 3109 0.7% 8.003 2.0% 140 0.6% 158 0.7% 41 DA% Staff Uniform Laundry 751 03% 1490 0.4% 267 OA% 1,067 0.3% 1.206 0.4% 376 0.1% SO 0.4% 25 OA% 0.11% 0eamns Supplies 80 0.0% 225 0.1% • 0.0% 130 00% 275 OA% • 0.0% • 0.0% 0.0% Contract Cleaning 0.0% • 0.0% • 0.0% • 00% • 00% • 0.0% • 0.0% S7 03% Flowers & Dccoratton 508 0.2% • 0.0% 867 0.2% XS OA% • 00% 1,040 0.3% • 0.0% • 0.0% 0.0% animus Des-oration 1,148 0.0% • 0.0% 00% 1,148 00% • 0.0% [repeated 3 times] • 0.0% Music & Emeruinment - 0.0% • 0.0% 00% • 00% • 00% 284 1.3% 163 0.7% - 0.0% Coen Supplies 2,602 0.9% 2.234 02% 00% 3,113 0.9% 2.846 0.7% • 0.0% 100 0.5% • 0.0% htenu & Beverage Lau 0.0% 900 03% 00% 200 OA% 1,100 0.3% 17 OA% • 0.0% • 0.0% Prinum And Stationary 650 02% • 0.0% 00% 650 0.2% • 0.0% • 0.0% 25 OA% • 00% Office Supplies 0.0% 225 01% 0.0% 50 00% 275 0.1% • 00% 50 0.2% • 0.0% Telecommumcatimrs 0.0% 450 al% 0.0% 100 0.0% 550 0.1% • 00% 60 0.3% • OD% Postapp& Couriers 0.0% 300 al% 0.0% 120 0.0% 420 0.1% • 00% • 0.0% • 00% Travel & Entertainment 23 0.0% 19 0.0% 0.0% 23 0.0% 19 0.0% • 00% • 0.0% - 00% Uniforms 0.0% • 0.0% 0.0% • 0.0% • 0.0% • 0.0% • 0.0% - 00% Entertainment 0.0% • 0.0% 0.0% • 0.0% • 0.0% • 0.0% • 00% - 00% Taxes Horne 0.0% • 0.0% 0.0% • 0.0% • 0.0% • 0.0% • 00% - 0.0% Outside Storage 0.0% • 0.0% 0.0% • 0.0% • 0.0% • 00% 53 0.2% - 00% Paper Supplies 0.0% 708 02% 0.0% 175 0.0% 883 0.2% • 00% • 00% - 00% Licenses 0.0% • 0.0% 0.0% • 0.0% • 0.0% • 00% • 0.0% - 00% Dues & Suscriptiora 0.0% • 0.0% 0.0% • 0.0% • 0.0% • 00% • 0.0% - 00% Equipment / Rerun • Kitchen 0.0% • 0.0% 0.0% • 0.0% • 0.0% • 00% • 0.0% - 00% Other FATSCS 17 0.0% • 0.0% 0.0% 17 0.0% • 0.0% • 00% • 00% - 00% Kitchen Fuel 0.0% • 0.0% 0.0% • 0.0% • 0.0% • 0.0% . 00% . 00% MPD Commissions 634 02% • 0.0% 00% 634 0.2% . 00% 1,213 5.6% 1/00 4.716 638 23% TOTAL OPERATING MENSES 11,598 4.1% 11,176 12% 3301 13% 14,186 4.0% 13,764 3.3% 9,419 24% 4663 21.0% 4386 20.7% 1300 553% TOTAL PROFIT/ LOSS 101,623 35.6% 133,151 416% 234,710 66.8% 131,083 36.7% 162406 13.2% 137,015 61.6% F0tANCIAL STATEMENTS MN 20I0 ONOIAN 30105/ WAIN° & PRIVATE DINING 766.1%4 32 13/02/2010/ ILI, EFTA00726650 Dukes Hotel Limited Actual Ili MONTH Budget January 2010 ti Last Year % MPD Actual % YEAR TO DATE Budget % Last Year % Actual PULL YEAR ACTUAL/BUDGET % Budget % Last Year OPERATING STATISTICS 7.0 7.0 2.0 Total Employees 48 7.0 13 4.8 7.0 1.7 3.174 3.154 14,105 Saks Per Employee 59,479 50,143 234.185 74.471 60,423 234,722 83 44 228 Covers Per Employs? 1,060 757 3.671 1.328 927 3,859 441 390 456 Total Covers 5,185 5.296 5,507 4375 4486 6,432 0.02 0.20 ClInA Cost Per Cover 0.03 0.0 0.05 0.13 0.00 - Glassware Cost Per Cover 0.02 - 0.02 - 0.08 Silver Cost Per Cover - 0.06 0.01 0.05 0.07 Linen Cost Per Omer 0.02 0.04 0.02 NIA 1.20 0.48 1.16 LauudA• Cost Per Cover 0.93 046 1.25 0.85 047 1.24 0.24 0.42 0.09 Staff Uniform Laundry Cost Ftr Cover 0.14 021 0.05 0.17 028 0.06 0.14 0.07 Cleaning Cost Per Cover 0.02 0.04 0.02 0.04 0.49 0.43 Guest Supplies Cost Per Cover 030 0.44 0.49 0.44 2.12 2.76 144 Total Coo Per Cover 124 III 1.45 2.23 2.12 1.46 FOOD REVENUE 1,163 364 Breakfast 16,941 2.066 7137 14941 2.064 12.068 4X3 3.680 5.605 Lunch 63200 49414 75,752 76,000 72.244 84078 sss 410 47 Afternoon Tea 3,821 5,707 4,420 5,273 7,160 5236 • Cocktails 4,727 5,400 8876 Dinner 62,939 81,201 81845 81,469 99481 90,924 10480 9,628 14,093 TOTAL FOOD REVENUE 146,940 148,416 169154 179,682 181,148 191,303 BEVERAGE REVENUE 216 324 Breakfast 3,226 564 1,995 3226 501 2.224 1,407 1553 1,969 Lunch 21,599 26049 21193 24999 19,489 24,846 • Afternoon Tea • Cocktals 3,862 3,375 5,179 °w. . 43;933 50271 62.303 56,933 61271 68,906 3483 4,924 7,482 TOTAL BEVERAGE REVENUE 70238 74,864 86,081 87,158 91,264 93,976 OTHER REVENUE 6,056 6,900 4.6.15 Room Hire 67,790 96,661 95,287 $4490 113561 lozz3 Other Revenue 22221 21,4/7 28209 TOTAL REVENUE 713,497 319,942 330,922 351,330 383,974 397,314 % FINANCIAL STATEMENTS ZON 20TO . (TINIAN 9010x/ MUTING & PRIVATE DINING Awl. el r. 1S/02/D10/ 1419 EFTA00726651 Dukes Hotel Limited Actual ti MONTH Budget January 2010 ti Last Year MPD % Actual % BREAKFAST YEAR TO DATE Budget % Last Year % PULL YEAR ACTUAL/BUDGET Actual % Budget % Last Year 31 [repeated 3 times] No attach:1g Days 306 [repeated 3 times] 365 [repeated 3 times] 4 3 Average Covers Per Day 3 0 3 3 0 3 114 81 Total Monthly Covers 949 119 857 949 119 3096 10.20 330 Food Speed Per Corer 1765 17.34 8.79 17.85 17.14 1101 1.89 412 Beverage Spend Per Cover 3.40 424 2.21 340 4.24 2.03 12.09 861 Total Aver age Spend 21.25 21.58 11.01 21.25 21.58 1104 LUNCH 31 [repeated 3 times] No et Trading Days 306 [repeated 3 times] 365 [repeated 3 times] 5 4 6 Average Coven Per Day 6 6 7 6 6 7 156 115 181 Total Monthly Coven 1,962 1,874 2.135 2.362 2.274 2350 27.13 32.00 30.97 Food Spend Per Cover 3221 31.72 35.48 32.18 31.77 33.76 9.02 1330 10.88 Beverage Spend Per Cover 11.01 1185 10.25 1143 12.97 9.74 36.15 4530 41.85 Total Ay Spend 4122 44.57 45.73 43.61 44.74 4330 AFTERNOON TEA 31 [repeated 3 times] Nod Trading Days 306 [repeated 3 times] 365 [repeated 3 times] 5 4 Average Coven Per Day 2 4 3 5 167 130 Total Monthly Covers 641 1,310 991 1,660 3.14 4.15 Food Spend Per Cover 196 436 5.32 431 - Beverage Spend Per Cover • 3.34 4.15 Total Avers Spend 196 436 5.32 4.31 DINNER 31 [repeated 3 times] Nod Trading Days 306 [repeated 3 times] 365 [repeated 3 times] 5 4 6 Averapp Coven Per Day S 7 6 6 7 8 144 135 194 Total Monthly Coven 1,633 1,993 2.315 2.073 2,411 2.786 32.82 40.00 41.63 Food Spend Per Cover 38.57 40.74 32.54 39.30 40.97 32.64 26.82 25.00 26.70 Beverage Spend Per Cover 2113 23.22 24.77 27.46 25.18 2473 59.64 65.00 6932 Total Average Spend 66.70 65.97 57.32 66.76 66.15 5737 FINANCIAL STATEMENTS 2039 20TO (TINIAN ENO le/ MELTING & PRIVATE DINING Page 7/ ol R 15/02/2010/ 1L19 EFTA00726652 Dukes Hotel Limited MONTH January 2010 YEAR TO DATE PULL YEAR ACTUAL/BUDGET PRIVATE BAR Actual % Budget % Last Year % Actual % Budget % Last Year % Actual % Budget % Last Year 94 REVENUE • 0.0% • 0.0% • 0.0% Fond Bemuse • 0.0% • 00% • 0.0% • 0.0% • 0.0% 2,043 100.0% UM MO% 1.151 100.0% &wrap Revenue. 24,712 100.0% 23287 1000% 20,991 NOS% 23,993 NOS% 27.628 NOS% 24.441 100.0% • 0.0% • 00% Other Revenue • 0.0% • 0.0% • 0.0% . 0.0% • 0.0% 2.043 100.0% IASI 0A% 1,481 0.0% TOTAL REVENUE 2012 0.0% Z1,337 0.0% 20,991 0.0% 23,933 0.0% 27,628 00% 261,411 00% COST Of SALES • 0.0% • 00% Food Cost • 0.0% [repeated 5 times] 624 306% • 00% 379 205% Beverage Cost 6441 26.9% • 0.0% 5,945 28.3% 6441 229% • 00% 6223 27.5% • 0.0% • 0.0% Other Cost of Sales . 00% • 0.0% [repeated 3 times] • 0.0% 624 306% • 00% 374 20.94 TOTAL COST OF SALES 6,611 26.9% 3,913 23.3% 6,611 21-9% • 0.0% 6.7151 279% 1.419 69.414 1284 100.0% 1,471 79.94 TOTAL PROFIT/LOSS 18,071 711% 23,157 HOS% 13,046 71.7% 22242 77.1% 27423 100.0% 17.714 72911 FINANCIAL STATEMENTS ZON 20I0 MISIAN 2010 v MINISAR PageSSM R IS/02/3110/ 1419 EFTA00726653 Dukes Hotel Limited January MONTH 2010 YEAR TO DATE FULL YEAR ACTUAL/BUDGET MAIN KITCHEN Actual 3/4 Budget % Lau Year 'alai MO Budget ti Last Year ti Actual % Budget % Last Year % PAYROLL & RELATED EXP. 21,177 45.6% 21,052 40.1% 19,776 38.1% Labour 189,245 30.1% 205173 31.2% 703218 32.9% 211,475 30.5% 247,400 31-5% 246492 33.9% 2.512 4.9% 2468 5.1% 2,553 4.9% Other Payroll Related 21,300 14% 25407 19% 24,944 4.0% 26444 3.5% 31,150 4.0% 30.941 4.2% 33,689 304% nso 45.1% 22329 434% TOTAL PAYROLL & RELATED EXP. 210,546 333% MAIO 35.2% 62 37.0% 258,119 310% 278353 332% 277,533 382% OPERATING EXPENSES 0.0% • 00% Contract Labour - 00% • 0.0% 0.0% - 00% • 043% 0.0% • 00% China - 00% • 0.0% 0.0% - 00% • 0.0% 0.0% • 00% Glassware • 0.0% • 0.0% 0.0% - 00% • 0.0% 0.0% • 0.0% Silver • 0.0% • 0.0% 0.0% - 00% • 0.0% 0.0% • 00% 1.1nm • 0.0% • 0.0% 0.0% - 00% • 0.0% 0.0% • 00% Laundry • 0.0% • 00% 0.0% - 00% • 0.0% 277 0.5% 276 0.5% 243 05% Staff Uniform Laundry 2146 OS% 2247 0.4% 2.406 OA% 3193 0.4% 3,299 0.4% 3,151 0.4% 303 0.6% 215 0.4% 164 03% Ckunmg Supplies 2.341 04% 3460 06% 2835 05% 3511 05% 4,630 06% 3,210 04% 0.0% • NI% Contract Cleaning • 0.0% • 0.0% 0.0% - 00% • 0.0% 0.0% • NI% FIONV1X & Decoration • 0.0% • 0.0% 0.0% - 00% • 0.0% 0.0% • NI% Musac & Faertamment • 0.0% • 0.0% 0.0% - 00% • 0.0% 0.0% • NI% Guest Supplies • 0.0% • 0.0% 0.0% - 00% • 0.0% 0.0% • NI% Menu & Beverage Last • 0.0% • 0.0% 0.0% - 00% • 0.0% 62 0.1% 0.0% • NI% Printing And Stanonny 82 0.0% • 0.0% 0.0% 82 0.0% - 00% • 0.0% 30 01% • NI% TeloccunmumcatIons • 0.0% 270 0.0% 0.0% 60 0.0% 130 00% • 0.0% 00% • NI% Postays& Coursers • 00% • 0.0% 0.0% - 00% • 0.0% 00% • NI% Transportation • 00% • 0.0% 0.0% - 00% • 0.0% 00% • NI% Undomu • 00% • 0.0% 0.0% - 00% • 0.0% 00% • NI% Entertamment - 00% • 0.0% 0.0% - 00% • 0.0% 00% • NI% Taxi's Home - 0.0% • 0.0% 0.0% - 00% • 0.0% 00% • NI% Outside Storage - 00% • 0.0% 0.0% - 0.0% - OA% 100 02% • NI% Paper Supplies • 00% 900 01% 0.0% 700 0.0% 1,100 0.1% 00% 00% • 00% Uralic% • 00% • 0.0% 0.0% - 0.0% 00% 00% • 00% Dues & Suratpuons • 00% • 0.0% 0.0% - 0.0% 00% 700 0.4% • On Kitchen Us& & Equipment 378 01% 1800 03% 621 01% 778 01% 2,200 0.3% 649 0.1% 00% - 0.0% Other Expemes 22 0.0% • 0.0% 0.0% 22 0.0% - 0.0% - 00% 00% Kitchen Fuel • 0.0% • 0.0% 0.0% - 0.0% - OA% 647 1.3% 841 1.6% 407 08% TOTAL OPERATING EXPENSES 3068 09% 9177 14% 6)362 1.0% 8/60 1.1% 11359 13% 7,009 10% 24336 31.9% 24,591 46.7% *735 431% TOTAL OVERHEADS 214414 311.1% 7610157 36.6% 211.224 380% 266,169 33.r. 290,113 36.9% 284,343 39.2% 119 133 111 HEADCOUNT 127 133 130 127 13-1 17-8 FINANCIAL STATEMENTS 20/9 2010 . 0910JAN 300 v IOTCHEN Age 390152 15/02/2010/ 1219 EFTA00726654 Dukes Hotel Limited January 2010 MO. NI II YEAR TO DATE PULL YEAR ACTUAL/BUDCET TELEPHONE Actual % Rudgel 1,6 la.1 1 Cil % Actual % Budget % List Year % Aetna! % Budget % Lat Year 96 REVENUE 834 1000% 1278 100.0% 762 533% Local & Long.Dastance Call Revenue 12,010 763% 15.553 78.6% 16,573 517% 14,507 80.0% 18,451 813% 19,019 52,6% - 0.0% • 0.0% • 0.0% ',locus On Demand • 0.0% [repeated 3 times] • 00% • 00% - 00% • 0.0% 667 46.7% Internet Rnx.nue 3,724 Z:7% 4,239 21.4% 14891 47.3% 3224 200% 4239 18.7% 17.161 474% - 0.0% - 0.0% - 0.0% Commatton, • 0.0% [repeated 3 times] - 00% 631 190.0% 1.276 1000% 1,429 1000% TOTAL REVENUE 13,733 1000% 19,792 1000% 11.464 190.0% KIM MM. 22490 10001/4 3600 100.0% COST OF SALES - 00% - 00% 42.351) -164.5% Internet Cams 16,618 1056% 1.595 8.1% 16,26 515% 14.618 892% 1,995 7 AA 16.769 46.3% 610 733% 256 200% 206 144% Telephone Cost Of Saks 7,395 470% 3,343 16.9% 7,671 24.4% 7,974 422% 3,923 173% 14.463 40.0% - 00% [repeated 3 times] Administration Coln • 00% • 00% • 0.0% • 00% 610 733% 2% 20.0% 12,14.% 4301% TOTAL COST OF SALES 24,013 152.6% 4,938 24.9% 24,496 77.9% ±4,592 MO% 3513 243% 31,231 842% PAYROLL & RELATED EV. OAA 0.0% . 00% Labour . 0.0% 0.0% • 0.0% . 00% - 0.0% 00% . 00% . 00% Payroll Related . 0.0% - 0.0% • 0.0% . 00% - 0.0% Opts TOTAL PAYROLL & RELATED EXP. • 0.0% • 0.0% - 0.0% OPERATING EXPENSES • 0.0% • 0.0% TOTAL OPERATING EXPENSES • 0.0% • 0.0% - 0.0% - 0.0% 222 261% 1,075 80.0% 3,574 ISM% TOTAL PROFIT/ LOSS 18280) •52.616 14,854 75.1% 6,968 22.1% (3,961) .320% 17,172 75.7% 4,919 13.7% HEADCOUNT FlNANCIALSTATEMENTS 5092010.09101N9 2010v / TELEPHONE Ass JOol D2 15/10./11010/ 1219 EFTA00726655 Dukes Hotel Limited January 2010 MONTH YEAR TO DATE FULL YEAR ACTUAL/BUDGET LAUNDRY/VALET Actual % Budget % Last Year 4% Antral % Budget ti LaM Year ti Actual 91 Budget 91 Last `kw 91 REVENUE 301 8.9% 3,1% 100.0% 2.268 100.0% Laundry / Valet. Interna/ 4003 ILI% 24314 ICiatr. 41,427 100.0% 11,049 25.6% 43,390 100.0% 46,680 100.0% 3..086 91.1% I ^. 0.0% Laundry / Vakt. External 82..176 8&9% 0.0% - 0.0% 32,176 74.4% - 0.0% I ^. • 0.0% Laundry / Valet - Pressing • 0.0% 0.0% - 0.0% - 0.0% 3.Me/ 100.0% 3,108 1000% 2,268 100.0% TOTAL REVENUE 56.,178 1000% 36314 100.0% 41,427 100.0% 43.223 100.0% 4.1.390 100.0% 46,680 100.0% COST Of SALES 87 2.6% - 0.0% Laundry / Valet. Internal 1,019 2.6% • 0.0% 1019 2.4% - 0.0% - 0.0% 4015 118.5% 2.298 90.0% 1,909 862% Laundry / Valet External 28,284 7&2% 33.290 91.6% 34.357 82.9% 34,626 80.1% 39,631 91.3% 38.625 S2 S% 4,102 121.1% 2..799 90.0% 1,909 842% TOTAL COST OF SALES 29,303 81.0% 33.290 91.6% 34367 tratio 34626 80.1% 39,632 91-9% 38,628 32.9% OPERATING EXPENSES • 0.0% • 0.0% TOTAL OPERATING EXPENSES • Oh% - 00% • 0.0% • 0.0% - 0.0*. (7151 41.1% SIf 10.0% 360 15" TOTAL PROFIT/LOSS 6.$73 19.0% 3.863 BASS 1,070 17.1% I 8399 19.9% 2.238 82% 8,051 172% FNANCIAL STATEMEMIS 20,92010 • 0910JAN3,10 v LAUNDRY k VALET nige.11 *JR 15/02/2010/ 1219 EFTA00726656 Dukes Hotel Limited MONTH January 2010 YEAR TO DATE FULL YEAR ACTUAL/BUDGET HEALTH CLUB tc SPA Actual % Bridget % Last Year % Actual % Budget % Litt Year % Actual % Budget % Last Year % REVENUE 1,009 292% 2,697 914% 2214 66.3% Spa Treatments 11343 293% 29,950 572% 25.400 69.6% 18.620 36.0% 37.228 57.0% 30,407 67.6% 202 5.9% 546 10.6% 577 17.3% Spa Retail Beauty Products 5,473 14.0% 6,162 118% 3.923 10.7% 6,950 134% 7.688 11.8% 4,564 10.1% 1,066 31A% • 0.0% - 0.3% Spa ?damage 14,074 363% - 0.3% 14.074 27.2% . 0.0% - 0.0% 1,076 312% 203 390% 547 164% I loalth Club Membership Res 7,195 186% 16,265 311% 7.190 19.7% 11,362 22.0% 20.431 313% 10,046 22.2% 40 12% 0.0% - 0.3% health Club Sessions 693 1.8% - 0.3% . 0.0% 693 1.3% - 0.0% • 0.0% 0.0% - 0.3% Other Revenue • 0.0% - 0.3% . 0.0% - 0.0% 3393 M00% 5.146 1000% 3,339 1010% TOTAL REVENUE 38229 1000% 31377 100A% 36,513 100.0% 51,699 100.0% 65,347 1010% 44,976 1000% COST OP SALES 80 2A% 458 8.6% 839 25.1% Spa Treatments 314 OS% 4,715 90% 5.409 14.8% 1.551 3.0% 5,952 9.1% 6,456 144% 207 61% 311 5.8% - 00% Spa Retail Beauty Products 4.577 11.8% 3,163 60% . 0.0% 5.416 10.5% 4.003 6.1% - 0.0% 47 14% 0.0% - 00% Health Club Odur 327 0.8% - 00% . 0.0% 327 0.6% . 0.0% 33414 9.9% 770 14414 839 23.1% TOTAL COST OP SALES 5,218 113% 7378 110% 5,409 14.8% 7,295 14.1% 9,955 131% 6456 14.4% PAYROLL & RELATED EXP. 2,769 81.6% 2,911 54.5% 3.2£6 1155% Labour 28,490 734% 26.891 552% 38.771 106.2% 34317 664% 34718 531% 45.658 1013% 449 132% 296 5.5% 360 10.8% Other Payroll Related 3,486 9DY 2.921 54% 3.587 9.8% 4,079 7.9% 3,514 5.4% I 4331 9.6% 3,218 54.4% 3207 60A% 4216 126-1% TOTAL PAYROLL lc RELATED EXP. 31,976 112.6% 31,813 60.7% 42.355 116.0% 38.396 74.3% 38,233 SSA% 49,989 111.1% OPERATING EXPENSES 34 MY 43 0.8% 41 12% Stall Uniform Laundry 418 1.1% 433 0.8% 416 1.1% 501 1.0% 519 0.8% 506 1.1% 95 2.8% 243 44% - 00% Laundry 512 14% 2222 42% 1,142 2.2% 2.812 4.3% 0.0% • 0.0% 20 04% - 00% ClcunmgSupettet 27 0.1% 180 03% 67 0.1% 220 0.3% 0.0% (65) -1.9% 50 0.9% - 00% Operating Supplies 62 02% 450 0.9% 162 0.3% 550 0.8% 0.0% 30 0.9% 0.0% 0.0% Flowers & Decoration 362 0.9% - 00% 362 0.7% 0.0% (49) .4.4% 326 6.1% 0.0% Commision On Saks 3,033 7.8% 3.316 63% 3,914 7.6% 4.196 64% 0.0% [repeated 4 times] Guest Supplies 29 0.1% - 00% 29 0.1% 0.0% 7 02% 20 04% 0.0% Printmg Arid Stationary Z 0.1% 180 03% 63 0.1% 220 0.3% 0.0% • 0.0% 10 0.2% 0.0% Telocornmulucatioeu • 0.0% 90 02% 20 0.0% 110 0.2% 0.0% 68 2A% 52 1.0% (5O) .17% Licenses 845 22% 545 10% 333 0.9% 948 1.8% 648 1.0% 333 0.7% • 0.0% 0.0% - OA% Dues re Suscnptions • 0.0% - 00% - 0.0% 0.0% • 0.0% 0.0% - 00% Other antrum 727 1.9% 25 00% 727 14% 25 0.0% 0.0% 20 I16% 764 14.3% (49) •15% TOTAL OPERATING EXPENSES 6.106 SS% 7,410 14.2% 749 1-1% 7,966 133% 9,300 141% 838 1.9% (179) 4.3% 6(.6 112% (4667) .49.9% TOTAL PROFIT/LOSS (4.372) •118% 3,246 10.0% (12.03)) .319% (1934) .3.8% 7,860 120% (W07) •5.4% 1.7 15 20 HEADCOUNT 1.4 1.8 2-1 IS 1.8 2.1 FlNANCIALSTATEMEN1520097.010.09101AN 2010v/ HEALTH CLUB Ne4Zol12 15/02/2010/ 1219 EFTA00726657 Dukes Hotel Limited MONTH January 2010 YEAR TO DATE FULL YEAR ACTUAL/BUDGET OTHER OPERATING DEP. Actual Budget el Lau Year % AMA % Budget V. Lau Year % Meta 91 Budget % Lag Year % 380 9.5% 50 1.1% 22 03% Newspapers 1,624 43% 572 1.0% 41S 1.1% 1.739 34% 687 1.1% 558 1.0% • 0.0% . 00% Parking Revenue • 00% • 00% 403 1.0% - 0.0% - 0.0% 403 0:7% . cum Conceelcas • 00% • 0.0% - 0.0% - 0.0% • 00% . 0.0% Carllie • 00% • 0.0% - 0.0% - 0.0% • OA% . 0.0% Other Sales Concierge • 00% • 0.0% - 0.0% - 0.0% • OA% 1.300 40.2% 1766 39.9% 1,776 310% In.11ouse Movies 18489 483% 21.317 39.9% 20.027 514% 22,492 46.7% 25,321 39.1% 13,662 435% . 0.0% Cash Dlsceunts . 00% • 0O% - 0.0% - 0.0% - OA% . 0.0% Interest Income • 0.0% • 0.0% - 0.0% - 0.0% 0.0% 731 22.6% 697 170% Fromm Currency ExchangeC.4ln 9,567 251% • 0.0% 1241 4.5% 9$67 19.9% - 0.0% 3,292 6.1% S92 27.6% 2407 58.9% 2,119 513% Other Income 8,438 22I% 32097 60.0% 16.375 42.0% 14.348 29.8% 30807 59.9% 26,412 484% . 0.0% Tobacco • 00% • 0.0% - 0.0% - OA% 3710 100.0% 4,421 1000% 4,114 100.0% TOTAL REVENUE 38.118 1000% S4,S 100.0% 34965 1000% 4046 100.0% 6014 1020% 54287 100.0% OPERATING EXPENSES 3t:rs 9.5% 45 1.0% . 00% Nceepaper 3,299 8.6% 500 0.9% 0.0% 3.392 70% 603 0.9% 0.0% • 00% 0.0% . NI% Tobacco • 0.0% • 0.0% 0.0% [repeated 3 times] • 00% 0.0% . NI% Conceasion • 0.0% • 0.0% 0.0% [repeated 3 times] • 00% 0.0% . NI% Car Ilse • 0.0% • 0.0% 0.0% [repeated 3 times] • 00% 0.0% . 00% Concierge Other 35 0.1% • 0.0% 0.0% 35 0.1% 0.0% 0.0% • 0.0% 0.0% . 0.0% Ind louse Movies • 0.0% [repeated 3 times] 0.0% 0.0% • 0.0% 0.0% . 0.0% Pal bag • 0.0% • 0.0% • 00% 0.0% 00% 13 0.4% 1,9% 44.2% 317 7.7% Other 1287 14% 21.999 39.1% 6781 174% 5.720 11.9% 25,832 39.9% 11,265 202% 320 9.9% 2001 45.2% 317 ?i% TOTAL OPERATING EXPENSES 4,611 12-1% 21399 400% an 17.4% 9,147 19.0% 26.433 401% 11,263 20.7% 2,910 90.1% 2,szt 34.8% 3.797 97-3% TOTAL PROFIT/ LOSS 33306 87.9% 3087 60.0% 32,103 WA% *999 810% 3080 39.2% 43.092 703% FINANCIAL STATE003J1S 20,9 20I0 .0910JAN NIOvi OTIER INCOME Age 43.1 52 0/0212010/ 1119 EFTA00726658 Dukes Hotel Limited January 2010 MONTH YEAR TO DATE FULL YEAR ACTUAL/BUDGET ADMINISTRATION SUMMARY Actual 9. Budget 96 Last year 4% Actual % Budget % Last Year % Actual 96 Budget 96 Last Year % PAYROLL & RELATED EXP. 9,118 1.8% 9249 1.9% 9,470 2.0% Ftnance 86334 2.3% 104843 1.6% 115)07 1.8% 106.061 14% 210,373 1.6% 126740 12% 0.0% - 0.0% Purchasing • 0.0% [repeated 3 times] - 0.0% - OA% 0.0% - 0.0% Savnly • 0.0% [repeated 3 times] - 0.0% - OA% 15241 3.0% 7.230 1.5% 9)07 2.0% F.+.8:uuve Office 103,955 16% 74538 2.2% 65365 10% 119,432 1.6% 91015 1.2% 89,874 12% 0.0% - 0.0% Infomution Technolosce • 0.0% • 0.0% 0.0% - 0.0% - OA% 3,173 16% 3,126 16% (646) .0.1% I luman Resources 32,039 05% 30483 05% 36167 0.6% 38296 0.5% 36940 0.5% 38.820 0.5% 27.332 5.3% 20141 11% 18,122 3.9% TOTAL PAYROLL & RELATED EXP. 222327 15% 208,063 1244 215,039 3.4% 263292 33% 249,372 31% 235,434 38% 2060438 OPERATING EXPENSES 15375 3.0% 14,139 2.8% 19,670 4.2% finance 196,013 31% 169366 16% 221481 3.2% 228.1» 3.0% 201,492 2.6% 109,013 23% - 0.0% 0.0% Purchasing • 0.0% [repeated 3 times] - 0.0% - OA% - 0.0% 0.0% &runty • 0.0% [repeated 3 times] - 0.0% - OA% (2,002) 44% - 0.0% 21 0.0% Extxubve Office 6,929 0.1% • 0.0% 200 0.0% 6.929 0.1% - 0.0% 245 OA% - 0.0% 0.0% Infomu0on Technology • 0.0% • 0.0% • 0.0% - 0.0% - OA% 5853 1.0% 5518 1.1% 3,126 0.7% Human Resources 76,159 1.2% 39416 0.6% 43.391 0.7% 81496 1.1% 45.153 0.6% 48.857 07% 28.427 3.6% 19457 3.9% 22,817 4.9% TOTAL OPERATING EXPENSES 279,101 4.3% 201.982 3.3% 244/474 3.914 316.764 241644 32% 238,114 33% TOTAL OVERHEADS 24,493 4.8% 21.888 4.8% 29,142 6.3% Panance 291347 4,4% r0.2:13 4.2% 315,986 5.0% 334.203 44% 321,864 4.2% 3.35,752 45% - 0.0% Puncluung • 0.0% • 0.0% • 0.0% - 0.0% [repeated 4 times] &runty • 0.0% • 0.0% • 0.0% - 0.0% - 0.0% 152» 2.6% 7230 1.5% 9,378 2.0% Extxubve Office 110)94 17% 76)38 2.2% 63)65 10% 126361 1.7% 92.015 1.2% 90,229 12% - 0.0% Information Tedvutoff • 0.0% • 40% • 0.0% - 0.0% - 011% 8.226 1.6% 8,644 1.7% 2,480 0.5% Human Resources 109,198 1.7% 70.299 LI% 79)60 1.3% 119,992 1.6% 82,092 1.1% 8.7,677 1.2% 41959 8.914 40861 8.0% 40,949 89% TOTAL ADMIN. OVERHEADS 501429 7.8% 417845 6.5% 439,123 7.3% 580.553 7.6% 495,972 6" 513,549 69% 53 u 63 HEADCOUNT 52 S.5 43 51 33 43 FNANCIAL STATE...EMS 20,9 20I0 • 0910JAN 3,10 v ADMIN iGENERIJ.S.MMARY nise40d52 15/02/2010/ 1119 EFTA00726659 Dukes Hotel Limited Actual 3/4 MONTH Budget January % 2010 Last Year 91 EXECUTIVEOFFICE PAYROLL & RELATED EXP. Actual % YEAR TO DATE Budget % Last Year % Actual FULL 91 YEAR ACTUAL/BUDGET Budget 91 Last Year % 13.872 2.7% 6,452 1.3% 6.730 1.3% labour 24.532 1.4% 63.709 1.0% 43,932 0.7% 101,419 1.3% 76.616 1.0% 67,136 0.9% 1369 0.3% 1278 0.3% 3.057 0.7% Other Para Related 15,423 02% 12.229 0.2% 19363 0.3% 17,923 0.2% 153119 0.2% 72.732 03% 13,211 3.0% 7,730 13% 9,307 20% TOTAL PAYROLL RELATED DM 103,933 1.6% 76.536 11% 63363 1.0% 1194. 1.6% 92.013 12% 89074 12% OPERATING EXPENSES 0.0% 0.0% - Oil% Contract Labour • 0.0% • 0.0% 0.0% • 00% 0.0% • 0.3% 23 0.0% 0.0% 21 0.0% Staff Laundry 299 0.0% 0.0% 20 0.0% 299 00% 0.0% 245 0,3% (2,739) .0.5% 00% 0.0% Professional Fos 710 00% • 0.0% • 0.0% 710 0.0% 0.0% • 0,3% 0.0% [repeated 3 times] Magazines Suseriptions • 00% • 0.0% • 0.0% 0.0% • 0,3% 0.0% [repeated 3 times] Donation • 0.0% • 0.0% • 0.0% 0.0% • 0,3% 0.0% 0.0% - 0.0% Legal Fees • 00% • 0.0% • 0.0% 0.0% • 0,3% 0.0% 0.0% - 0.0% Consultancy Fees • 00% • 00% • 0.0% 0.0% • 0,3% 0.0% 0.0% - 0.0% Travel . Subsistence 367 00% • 00% • 0.0% 367 0.0% 0.0% • 0,3% 0.0% 0.0% - 0.0% Confererees • 00% • 00% • 0.0% 0.0% • 0,3% 77 0.0% 0.0% - 0.0% Minting And Stanomuy 1,129 0.0% • 00% • 0.0% 1,128 0.0% 0.0% • 0,3% 0.0% 0.0% - 0.0% Office Supplies • 0.0% • 00% • 0.0% • 00% 0.0% • 0,3% 0.0% 0.0% - 0.0% Telcrommunwations 20 0.0% • 00% • 0.0% 23 00% 0.0% • 0,3% 381 0.1% 00% - 0.0% Potato& Couriers 543 0.0% • 0.0% • 0.0% SB 00% 0.0% • 0,3% 0.0% 0.0% - 0.0% Transportation 12 0.0% • 00% • 0.0% 12 00% 0.0% • 0,3% 185 0.0% 0.0% - 0.0% Entertainment 1471 00% • 00% • 0.0% 1,671 00% 0.0% • 0,3% 12 0.0% 0.0% - 0.0% Taxes Horne 12 0.0% • 0.0% • 0.0% 12 0.0% 0.0% • 0,3% 0.0% 0.0% - 0.0% Licenses • 00% • 0.0% [repeated 3 times] 0.0% • 0,3% 0.0% 0.0% - 0.0% Dues & Suscriptions 779 00% • 0.0% • 0.0% 779 0.0% 0.0% • 0,3% 0.0% 0.0% - 0.0% Association Memberships 235 00% • 00% • 00% 213 0.0% 0.0% 62 0.0% [repeated 3 times] Other Noma 277 00% • 00% • 0.0% 277 0.0% 0.0% • 0,3% 0.0% 0.0% • 0.0% Losses/Damages 875 0.0% • 0.0% • 0.0% 875 0.0% 0.0% • 00% (2.0021 .0.4% 0.0% 21 0.0% TOTAL OPERATING EXPENSES 6.929 0.1% • 0.0% 103 00% 6,919 0.1% 00% 243 CA% 13239 7-6% 7,730 13% 9328 2.031 TOTAL OVERHEADS 110894 1.714 74339 1.2% 63.365 1.0% 126361 1.114 92.013 12% 90,119 1.2% 1.0 [repeated 3 times] I HEADCOUNT 1.2 IA IS 1.2 10 1.0 FINANCIAL STATEMENTS ZON2010 • 0910JAN SOW / MaTIVEOFFICE nocOot R 0/02/2010/ 12419 EFTA00726660 Dukes Hotel Limited January MONTH 2010 YEAR TO DATE FULL YEAR ACTUAL/BUDGET FINANCE Actual Budget 91 Last Year 91 MIMI IA Budget ti Lam Year ti Actual % Budget % Lail Year 4% PAYROLL & RELATED EXP. .2E.3 8,4E 1.7% 7.989 1.7% Labour 77,724 1.2% ES403 14% &'411 1.4% 94,732 1.2% 105.610 1.4% 111.727 1.5% 566 0.2% 1.261 0.3% 1.481 0.3% Other Payroll Related 8,09 0.1% 12240 0.2% 248,5 0.4% 11333 0.1% 14.763 0.2% 15.013 0.2% 9,116 LS% 9,749 1.931 9,470 2.0% TOTAL PAYROLL & RELATED EXP. 86.334 1.3% 103,6/3 1.6,11. 113307 1.8% 106364 1.4% 120,373 1.6% 126,740 1.7% OPERATING EXPENSES 70 0.0% 99 0.0% 93 00% Staff Laundry 705 0.0% 982 0.0% 609 0.11% 503 0.0% I 1,180 0.11% 763 00% 12,114 2.4% 9,775 1.9% 10.636 2.3% Credit Card COTTANOrit 143,673 22% 126,019 2-0% 109,694 1.7% 167,071 2.2% 149,417 2.0% 131,2118 1.8% 1,226 0.2% 4e5 0.1% 1.423 03% Profm.aonal Fees 16,145 0.3% 5,161 0.1% 15201 0.2% 17,115 0.2% 6,131 0.1% 17,717 02% 717 0.1% 637 0.1% Legal Ras • 00% 7,053 0.1% 6.037 0.1% 1,434 0.11% 8.487 DA% 10,930 01% 917 0.2% 823 0.2% 2.617 0.6% Audit Fees 20386 03% 7.217 0.1% 22835 0.4% 2" (Al 03% 8,884 0.1% 23,400 03% 52 0.0% ZO 0.0% 1.461 0.3% Barb: Claws 3,967 0.1% 2460 00% 4201 0.1% 4,467 0.1% 3.160 0.0% 5,057 0.1% - 0.0% • 0.0% Bad Debt Provtuon 0 0.0% • 00% () 0.0% 0 0.0% - 0.0% (27..1991 OA% 301 0.1% • 0.0% Travel • Sul:sista& 25 0.0% 3.3C6 0.1% . 0.0% 625 0.0% 3,905 0.1% • 00% 518 0.1% 501 0.1% 569 0.1% Minaret And Stanonaay 1,819 0.0% 4488 0.1% 8,106 0.1% 2.819 0.0% 5,688 0.1% 9,203 01% • 00% • Office Supplies 1,267 0.0% . 00% . 0.0% 1.267 0.0% • 0.0% 201 00% • DAM Computer Expenses 85 0.0% 2100 00% 657 0.0% 426 0.0% 2.400 0.0% 1.220 00% 250 0.0% 201 00% 924 02% TekrommunwatIons 3,652 0.1% 2.233 00% 5,644 0.1% 4(62 0.1% 3,233 0.0% 6.661 0.1% 150 00% 450 01% Pagattp& Courser. 1.353 00% 1.350 00% 2.379 0.0% 1453 0.0% 1.650 0.0% 3,937 0.1% 200 00% • 0.0% Transportanon 536 0.0% 1,803 00% . 0.0% 936 0.0% 2.200 0.0% 151 0.0% • 00% • 0.0% Outside Swage 1.337 0.0% • 00% 1.361 0.0% 1.337 0.0% • 0.0% 1,838 0.0% 48 0.0% SO 0.0% SO 0.0% Licenses 379 0.0% 800 0.0% sis 0.0% 539 0.0% 960 0.0% 822 0.0% 75 0.0% 0.0% Dues & Suscrtpuons 00% 675 0.0% 1,938 0.0% 150 0.0% 85 0.0% 2,598 0.0% • 0.0% 617 0.1% Rem & Service °large 00% • 0.0% 18.168 0.3% • 0.0% 18,168 0.2% 250 0.0% 166 0.0% Other Experde. 694 0.0% 2.597 0.0% 3,063 0.0% 1,184 0.0% 3,097 0.0% 2.886 0.0% - 0.0% - 0.0% Lows/Damage • 0.0% • 0.0% . 0.0% - 0.0% - 00% 13373 3.0% 14,139 7166 19370 4.1% TOTAL OPERATING EXPENSES 194013 3.1% 169,166 2.6% 200,461 3.2% 223,139 30% 201,492 2.6% 209.013 28% 734,493 4.1134 733388 4.8% 29341 6.3% TOTAL OVERHEADS MAC 4.4% 270,203 4.2% 313,988 5.0% 331.203 43% 321364 42% 333332 43% 33 33 43 HEADCOUNT 3.2 33 3.2 3-2 33 3.2 FINANCIAL STA-MMES./1S 31,•• 20I0 n1101AN v / FINANCE Rge 460IR 15/02/300/ 1119 EFTA00726661 Dukes Hotel Limited January MONTH 2010 YEAR TO DATE FULL YEAR ACTUAL/BUDGET HUMAN RESOURCES Actual % Budget % Last Year Actual % Budget % Lag Year % Actual % Budget % Lag Year % PAYROLL & RELATED EXP. 2245 0.6% 2.615 0.5% (978; .02% Labour 25,914 0.4% 3,83 0.4% 11,973 0.6% 31,150 0.4% 31.061 0.4% 36979 03% 2,11 0.1% 510 0.1% 332 0 I% Other Payroll Related 6,125 0.1% 4448 0.1% 1,194 00% 7,146 0.1% 5.879 0.1% 1.841 0.0% 3,173 0.6% 3,126 0.6% (646) .0.1% TOTAL PAYROLL & RELATED EXP. 32,019 03% 34113 03% 34167 09/. 382% 03% 36.940 03% 38,8W OS% HUMAN RESOURCES EXPENSES 0.0% 125 00% • OD% Employm Awards 289 0.0% 1,13 0.0% • 00% 539 00% 1.375 0.0% • 0.0% 0.0% • 00% • Oa% Service Awards • 0.0% 1.500 0.0% • 00% 500 00% 2.000 0.0% • 0.0% 5 0.0% 50 00% Employee Events 697 0.0% 1,950 0.0% • 00% 1297 00% 2,550 0.0% • 0.0% 0.0% 150 00% 0.0% Social Activities • 0.0% 1.350 0.0% 96 00% 300 00% 1.650 0.0% 96 0.0% 18 0.0% • 00% • 0.0% Employs? Benefits 4.296 0.1% 5050 0.1% 4,456 0.1% 4296 0.1% 5350 0.1% 4,456 0.1% • 00% • OD% Recruitment • Agency Fee 37,240 0.6% 350 0.0% 9,739 0.2% 37,240 0.5% 350 0.0% 10.439 0.1% 750 00% 1,175 0.3% Recruitment • Adverttimg 150 0.0% 750 0.0% 5.511 0.1% 150 00% 750 0.0% 6.302 0.1% 0.0% 150 00% • 0.0% Recruitment • Others • 0.0% 1250 0.0% 573 0.0% 300 00% 1,650 0.0% 662 0.0% 278 0.1% M 00% • OD% Recruitment • 1Vebsites 832 0.0% 1474 0.0% • 0.0% 1, 0.0% 2.024 0.0% . 0.0% • 00% • OD% Recruitment Work Pemuts • 0.0% • 0.0% • 0.0% - 0.0% - 0.0% . 0.0% 1218 0.3% 3250 0.7% 531 0.1% Training 10,538 0.2% 11,628 0.2% 13,757 0.2% 11218 0.1% 12.371 0.2% 14.940 02% 14 0.0% 25 00% • 0.0% Staff Gifts / Flowers 676 0.0% 225 0.0% • 0.0% 7% 0.0% 275 0.0% • 0.0% OPERATING EXPENSES 0.0% • 00% 0.0% Contract Labour • 0.0% • 0.0% 00% 0.0% • 0.0% - OA% 16 0.0% 713 00% 21 0.0% Laundry 186 0.0% 198 0.0% 21 00% 235 00% 218 0.0% 61 OA% 13 0.0% • 0.0% 0.0% atoning Supplies 13 0.0% • 0.0% • 00% 13 0.0% • 0.0% - OA% 0.0% • 00% 0.0% Contract Cleaning • 0.0% • 0.0% • 00% 0.0% • 0.0% - OA% 0.0% 10 0.0% 0.0% blaganrirs Suscriptions • 0.0% 90 0.0% 00% 20 0.0% 110 0.0% - OA% 1,900 0.4% 150 00% 0.0% Legal Eau 1,900 0.0% 1,710 0.0% 00% zzo 0.0% 2,090 0.0% - OA% 51.2 0.1% 528 0.1% 0.0% Payroll Processing 5,871 0.1% 5,274 0.1% 261 00% 6..927 0.1% 6231 0.1% 261 OA% 0.0% • 0.0% 0.0% Consultants fres • 0.0% • 0.0% 00% 0.0% • 0.0% - OA% 0.0% • 0.0% 0.0% Travel -Subsistence 15 0.0% • 0.0% 0.0% 15 0.0% - 0.0% - OA% 0.0% • 0.0% 0.0% Conferences • 0.0% • 0.0% 0.0% - 0.0% - 0.0% - OA% 0.0% • 00% 0.0% Flowers & Decoration • 0.0% • 0.0% 0.0% - 0.0% - 0.0% - OA% 13 0.0% • 0.0% - 0.0% Guest Supplies 13 0.0% • 0.0% 0.0% 13 0.0% - 0.0% - OA% 130 0.0% 150 0.0% - 0.0% Printing And Station.uy 322 0.0% 1.350 0.0% 0.0% 622 00% 1.680 0.0% - OA% (60) 0.0% • 0.0% - 0.0% Office Supplies Z 0.0% • 0.0% 0.0% 21 00% - 0.0% - OA% 0.0% 25 0.0% - 0.0% Tekrornmunications • 0.0% 225 0.0% 0.0% 50 00% 275 0.0% - OA% 0.0% 50 0.0% - 0.0% Rutage & Couners 9 0.0% 450 0.0% 0.0% 109 00% 550 0.0% - OA% 0.0% • 0.0% - 0.0% Uniforms 4,659 0.1% • 0.0% 0.0% 4459 01% - 0.0% - OA% 0.0% • 0.0% - 0.0% Entertainment 13 0.0% • 0.0% 0.0% 13 00% - 0.0% - OA% 456 0.1% 250 00% 1.299 0.3% Taxi's Home & Transportation 8267 OA% 3,116 0.0% 8.980 0.1% 8.267 0.1% 3.616 0.0% 11,640 0.2% Outside Storage 0.0% • 0.0% - 0.0% • 0.0% • 0.0% 0.0% 00% - 0.0% - OA% 0.0% 20 0.0% • 00% Dues & Suscriptions . 0.0% 180 0.0% 0.0% 40 00% 220 0.0% • 00% 3a3 10% 8318 1.1% 3,126 0.7% TOTAL HR & OPERATING EXPENSES 76,159 1.2% 45,153 39,616 0.6% 43.393 0.1% 814% I.1% 0.6% 48,857 0.7% 8,226 1.6% Bµ3 1.7% 2,480 0.5% TOTAL OVERHEADS 108,198 1.7% 74299 1.1% 79260 1.3% 82,092 119,992 1.6% 1.1% 87477 1.2% 0.8 OS 1.0 HEADCOUNT OA 0.8 0.1 Olt 0.8 01 FNANCIAL STATEMENTS 20)92010 • 0910JAN3)10 v Mgt*? oi 15/02/2010/ 12419 HUMANRECCURCES EFTA00726662 Dukes Hotel Limited January MONTH 2010 YEAR TO DATE FULL YEAR ACTUAL/BUDGET SALES & MARKETING Aetna! % Budget % Last Year Sh ARM % Budget 41. Last Year % Aetna) Budget % Last Year % 0.0% 0.0% Reams Advertuang • 0.0% • 0.0% [repeated 4 times] 139 00% - 0.0% Food And Beverage Advertising 1,435 0.0% 1.392 0.0% 1213 0.0% 1,670 0.0% 0.0% 00% - 0.0% I lculth Club Advertising • 0.0% • 0.0% 6276 0.1% 0.0% 0.0% 6376 0.1% 2.268 0.4% 9 00% - 0.0% Advertising • Pant 6.516 OA% 89 0.0% (3,927) .0.1% 4533 01% 106 0.0% (415) 0.0% 2.268 0344 248 0.0% • 0.0% TOTAL ADVERTISING PRINT 7,951 0.1% 1,479 00% 2419 0.0% 8,216 01% 1.775 0.0% 5,861 0.1% 541 0.1% 274 01% Room& Advertning • Online • 0.0% 5,413 0.1% 3,722 OA% 103 0.0% 4495 01% 3,722 0.1% 6m 01% 313 0.1% 2,474 0.5% F&B Advertisarg /Online 6,489 0.1% 3,125 0.0% 10,958 02% 7,113 01% 3,750 0.0% 13,453 0.2% • 0.0% - 0.0% • 0.0% I lealth Club Advernung / Onlme • 0.0% • 0.0% • 00% 0.0% %I 0.1% 625 0.1% 165 0.0% Website/ Marketing 4636 0.1% 6251 01% 1.704 00% 7887 01% 7.5% 0.1% 5,530 0.1% 1,123 0.2% 1,479 0.3% 2,913 0.6% TOTAL INTERNET MARKETING 13,124 02% 14.792 0.2% 14323 03% 1603 02% 17,750 0.2% 12206 03% 106 00% 242 0.0% . 0.0% Assonabon Memberships 6,959 01% 1415 0.0% 7,441 0.1% 2..8% 0.0% 4,111 08% 4275 0.9% 1,5% 03% Agency Fees 45,401 0.7% 47247 0.7% 69,992 1.1% 54,831 0.7% 54696 0.7% 80,789 1.1% 694 01% 600 01% Entertainment/Press bps (378) 00% 4942 OA% 11,941 02% 1,011 0.0% 8,330 01% 14.309 0.2% • 00% . 00% Mailings • 0.0% • 0.0% - 0.0% 58 00% . 00% Photography 1,878 00% 582 0.0% 1,994 0.0% 6% 0.0% • 00% . 00% PR Travel) • 0.0% • 0.0% - 0.0% 171 00% 309 01% . 00% PR Travel 2 906 0.0% 3,093 0.0% 1220 00% 1.524 0.0% 3,711 0.0% 1.220 0.0% • 00% . 00% Entertainment . DM Stu% 392 0.0% • 0.0% 392 0.0% [repeated 3 times] 35 00% . 0.0% PR . Other • 00% 350 0.0% 10 0.0% 420 0.0% 4287 09% 4063 1.2% 2395 OS% TOTAL PUBLIC RELATIONS 55,158 09% 6029 09% 83353 13% 67,23 0.9% 72253 1.0% 96317 13% 3857 07% 2464 05% 4876 1.0% Nlarkehng Fees • LBW 29,571 0.4% 24639 0.4% 22.312 0.4% 33.898 04% 31,966 04% 28096 04% 237 on 1309 OA% . 0.0% Brochures / Collateral 11,272 0.2% 19,896 03% . 00% 15,199 0.2% 23,863 0.3% • 00% . 0.0% In Haase Designs / Display . 0.0% • 0.0% . 00% - 0.0% - 0.0% 2,438 05% 77 00% . 0.0% Rerearch/Cornultancy 2,663 0.0% 773 0.0% . 00% 2.818 0.0% 927 0.0% 1874 04% . 0.0% Travel Including Trade Shows 7,859 0.1% 18,739 03% 674 00% 11,606 0.2% 21487 03% 2,004 0.0% 1510 03% 477 01% . 0.0% F.ntertamment • Sales 16,254 0.3% 4,770 01% . 00% 172% 0.2% 5,724 01% 179 00% . 0.0% Promotion • Corporate Gifts 750 00% 1,789 0.0% . 00% 1,103 00% 2,146 00% 561 01% 417 01% 1,479 0.3% Promotion lln Room) 6,203 0.1% 4,167 01% 30039 05% 7,037 01% 5000 01% 38,740 0.5% 9203 10% 7,676 1.5% 1.4% TOTAL DIRECT SALES EXPENSES 73,321 1.1% 74761 1.2% 53.076 08% essn 1.2% 92.113 12% 69,640 OS% 15.095 2.9% 14879 3.0% 18,450 4.0% Contractlabour 157,514 15% 150,011 13% 207,413 3.3% 187372 2.5% 179,768 2,4% 250,433 34% 384 01% 933 0.2% 2,699 0.6% Dues & Suseriptions 5,654 0.1% 9333 OA% 10236 0.2% 7$20 0.1% 11,199 01% 16371 0.2% 167 0.0% 1.023 02% Other Experoes 140 0.0% 1,667 0.0% 1251 0.0% 473 0.0% 1000 00% 1.510 0.0% 140 00% - 0.0% S&M Training 140 0.0% . 00% . 0.0% 140 0.0% 0.0% - 0.0% 1,016 02% 197 0.0% . 0.0% Direct Mail 6,924 0.1% 1,973 0.0% 6,423 0.1% 7.318 0.1% 2.367 0.0% 2253 0.1% 85 0.0% - 0.0% Conferences • 00% 845 0.0% 191 0.0% 169 0.0% 1,014 0.0% 191 0.0% 16435 31% 16260 22% 21.181 4.8% TOTAL OTHER EXPENSES 170,740 7-7% 163827 2.6% 226070 16% 20304 27% 194348 2.6% 2/7458 3.7% 334% 6.5% 31,626 6.3% 33443 72% TOTAL S&M OVERHEADS 320,493 5.0% 317,487 4.954 381322 60% 393,746 10% 380,739 3.0% 471,%1 6.1% FINANCIAL STAIEMINTS 19»10:0 .09I0 IAN 1110 v SALES/. MARKETING Pogs. 48 al 52 15/0211,10 / 12 19 EFTA00726663 Dukes Hotel Actual Limited % MONTH Budget January % 2010 Last Year % UTILITIES Actual % YEAR TO DATE Budget ti Last Year ti Actual FULL YEAR ACTUAL/BUDGET % Budget % Last Year % 4114 1.2% 5740 1.1% 7,984 1.7% swim* nm 1.0% nm 1.1% 67,052 1.1% aam 1.1% 84793 1.1% 78578 1.1% 3.011 0.6% 2.612 0.5% 5.513 1.2% Gas 31,660 DS% nm an mom o% 37,912 0.5% 41.649 0.5% 14215 05% 1290 0.3% 1.696 0.4% 367 0.1% man asto m% mm an nm an lum 0.4% 24522 0.3% 13247 02% 11,146 22% 10,119 IC% 1.1565 10% TOTAL OVERHEADS 127,798 2.0% MIN 10% 111196 1.B% 152,332 10% 152= 10% 126.019 1.7% FNANCIAL STATEMEN1S20:92010 • 0910JAN3)10 v 4TILITIES rage.94)02 0/02/3110/ 12419 EFTA00726664 Dukes Hotel Limited January MONTH 2010 YEAR TO DATE FULL YEAR ACM/Al/BUDGET REPAIRS AND MAINTENANCE Actual % Budget % Last Year % Actual % Budget % Last Year % Actual % Budget % Last Year % PAYROLL & RELATED IMP. 6,840 13% 8.439 1.7% 7,173 1.5% Labour 79,171 12% 82435 13% 81.056 1.3% 96078 1.3% 99440 13% 97220 13% 754 0.1% 1.105 0.2% 851 0.2% Other Payroll Related 9,023 0.1% 10,759 02% 9.685 0.2% 11.246 0.1% 12,972 02% 11,626 02% 7,993 13% 9,541 1.9% 8,024 1.7% TOTAL PAYROLL &RELATED EXP. SUM 1.4% 93,691 1.5% 98241 IA% 107315 1.4% 112412 13% 108,846 13% REPAIRS & MAINTENANCE DIP. 350 01% 340 0.1% 93 0.0% Contract -Air Conditioning & I Mating 3)88 01% 3,397 0.1% 1.112 0.0% 4,467 0.1% 1,990 0.0% 592 01% 355 0.1% 1.113 02% Contract. Refrigeration 4,194 0.1% 3,320 0.1% 4,800 0.1% 4,904 0.1% iii 6,499 0.1% - 0.0% 417 0.1% 2.292 0.5% Contract • KltaKil Equipment 1.250 0.0% 4378 0.1% 2.917 0.0% 2,083 0.0% 2,917 5,211 4: 6 0.0% 1,7114 03% 355 0.1% . 0.0% Contract. laundry 7,152 01% 3,791 0.1% 3,946 0.1% 7,862 0.1% 4511 0. 1% 6,500 01% - 0.0% 117 0.0% . 0.0% Contract. Water Treatment • 00% 1,167 0.0% 1,003 0.0% 233 0.0% MOO 0.0% 1,003 0.0% 823 02% 981 0.2% 691 0,4% Contract -Telephone System 7.501 0.1% 9,135 01% 5,825 0.1% 9,463 0.1% 11,097 0.1% 7,011 01% 1,804 0.4% 1.708 0.3% 980 02% Contract -Internet 11,865 0.2% 12.536 02% 3,531 0.1% 15,781 0.2% 15,952 02% 1233 01% 1,595 03% 1.595 0.3% f1.5%) -0.3% Contract- IT Support 15,950 0.2% 15,950 02% 14,355 0.2% 19,140 0.3% 19,140 03% 17,545 02% 118 0.0% 103 0.0% 0.0% Contract. Software 1,472 00% 996 0.0% 1,650 0.0% 1,67€ 0.0% 1,192 0.0% 1,650 0.0% 2,915 0.6% 1.431 0.3% 1.805 0,4% Contract- IT Soft & I lardware Maintenance 27,080 0.4% 15,367 02% 10044 0.2% 29,9.42 0.4% 18229 02% 13,195 02% 320 0.1% 309 0.1% 309 0.1% Contract • Intruder/ Fire ALUM 3,151 00% 3,093 0.0% 3,703 0.1% 3,772 0.0% 3.712 0.0% 1322 01% 75 0/3% 191 0.0% 119 0.1% Contract -Elevators 1,496 0.0% 1,835 0.0% 2.633 0.0% 1,877 0.0% 2.216 0.0% 4,874 01% 246 0.0% 431 0.1% 4,01 02% Contract -Pest Control 2163 0.0% 1,126 01% 3,063 0.0% 3,375 0.0% 4,988 0.1% 3,556 0.0% - 0.0% • 0.0% • 0.0% Contract- Wage Removal 0.0% • 0.0% 0.0% - 0.0% • 0.0% • 0.0% 612 0.1% 204 0.0% (27) 0.0% Contract- I Ranh & Safety 8371 01% 2.190 0.0% 2.266 0.0% 3,779 0.0% 2.598 0.0% 1,777 01% - 0.0% 512 0.1% 512 0.1% Contract • Flonneal Compbaree 00% 4,609 01% 5,121 0.1% 1,024 0.0% 5.6.14 0.1% 6,146 01% 1,929 0.4% • 1.922 0.4% 7,607 . 1,6% Contract • Q nga TV Maintenance 21.384 03% 19215 03% 13419 02% • 25.212 0.3% • 03% • 18240 02% 432) 0.0% 2.000 0.4% 1,707 0.6% Building Maintenance 739 00% 18403 03% 21.847 0.3% ik t% 22,000 al% 22490 03% 2,127 0.4% 1.250 0.2% • 0,0% Air Condiboning And Heating 10,974 02% 11.283 02% 877 0.0% 13,474 an 13753 02% 1,677 0.0% 33 0.0% 250 0.0% • 0,0% Rangeration 646 00% 2.250 0.0% • 00% 1,146 0.0% 2.750 OS% • 0.0% 717 0.1% 800 0.2% 800 0.2% Plumbing And EVAC 8498 01% 7399 01% 11.193 02% 9,6911 0.1% 8,999 0.1% 12310 02% 812 02% 600 0.1% 1,185 0.3% Electrical 5,297 0.1% 5,400 01% 13.156 02% 4497 0.1% 4600 0.1: 17,656 02% 415 0.1% 300 0.1% (435) .0.1% Painting And Decorating 4603 0.1% 2,700 0.0% 25,287 0.4% 7,203 0.1% 35,120 05% • 0.0% 50 0.0% • 0.0% Fire Equipment • 00% 450 0.0% • 00% WO 0.0% 550 0.0% • 0.0% • 0.0% 50 0.0% • 0.0% Pest Control 941 0.0% 450 0.0% • 00% 1,041 0.0% 550 0.0% • 0.0% 81 0.0% 500 0.1% 213 0.0% Enginemeng Supplies 7.351 0.1% 9,043 01% 5,025 0.1% 8351 0.1% 10.043 QM 4218 01% (54) 0.0% 350 0.1% . 0.0% Light Bulbs 540 0.0% 3,150 0.0% 339 0.0% 1.240 0.0% 3 108 0.1% 339 0.0% • 0.0% 250 0.0% • 0.0% Floor Coverings 2459 00% 2,068 0.0% 370 0.0% 2709 0.0% % 370 0.0% • 0.0% 50 0.0% • 0.0% Leelm & Keys / Slimage 1.556 00% 450 0.0% 3,305 0.1% 1,656 0.0% 550 0.0% 3,127 01% • 0.0% 550 0.1% • 0.0% Soh Furnishings 3108 00% 4950 01% - 0.0% 4138 OA% 6/60 0. • 0.0% 69 0.0% 417 0.1% 2501 0.5% Equipment Rental 2.773 0.0% 3,757 01% 29.014 05% 3.6011 0.0% 01% 1% 35,785 05% • 0.0% • 0.0% . 0.0% Emergency Lightmg 00% • 0.0% 00% - 0.0% . • 0.0% • 0.0% 200 00% • 0.0% Equipmmt / Repair • Furniture 315 00% 1,803 0.0% 9,664 0.2% 715 0.0% 2200 0.0% 11)07 02% • 0.0% 75 00% • 0.0% Equipmmt / Repair • Laundry 0.0% 675 0.0% • 0.0% 150 0.0% 825 0.0% • 0.0% • 0.0% 75 00% • 0.0% Equipment / Repair • Italth Club 1. 0.0% 675 0.0% • 0.0% 1,378 0.0% 825 0.0% • 0.0% • 0.0% 50 0.0% • 0.0% Equipment / RepainfeMainten Office 0.0% 450 0.0% • 0.0% 100 0.0% 550 0.0% • 0.0% 0 0.0% . 0.0% • 0.0% Equipment / Repair • Others 8531 0.1% • 0.0% 974 0.0% 3,531 0.0% • 0.0% 1443 0.0% • 0.0% . 0.0% • 0.0% landscaping 2.687 0.0% a 01% • 0.0% 2687 0.0% 4100 0.1% • 0.0% • 0.0% 250 0.0% • 0.0% Water Treatment 619 0.0% 200 0.0% • 0.0% 1,119 0.0% 7,7511 QO% • 0.0% 1,774 03% 1,375 0.3% 1,80€ 0.4% Waste Removal 16843 03% 13,900 02% 16.655 0.3% 19,593 0.3% 14650 02% 19,453 03% • 0.0% . 0.0% • 0.0% Window Drapes • 0.0% [repeated 3 times] - 0.0% • 0.0% [repeated 3 times] . 0.0% • 0.0% Swimming Pool And Chemicals • 0.0% [repeated 3 times] - 0.0% • 0.0% • 0.0% 192 0.1% 300 0.1% II3 0.0% Equipment / Repair • Kitchen 1.263 0.0% 3,100 0.0% 4,873 0.1% 1,863 0.0% 3.700 0.0% 1,990 01% OTHER EXPENSES • 0.0% 0.0% Contract LII:our • 00% • 0.0% - 0.0% • 0.0% - 0.0% 80 0.0% 99 0.0% 82 0.0% Laundry 909 00% 982 0.0% 774 0.0% 1,107 0.0% 1,180 0.0% 951 0.0% • 0.0% 50 00% 0.0% Punting And Stabonaly • 00% 450 0.0% WO 0.0% 550 0.0% - 0.0% • 0.0% 25 00% 0.0% Telecommunication& . 00% 2:5 0.0% 50 0.0% 275 0.0% - 0.0% FINANCIAL STATEMENTS 20092010 .09101AN 20101/ REPAIRS. MAINIENAME rage 50 oll2 15/02/2010/ 1219 EFTA00726665 Dukes Hotel Limited January MONTH 2010 YEAR TO DATE FULL YEAR ACTUM/BUEICET Actual % Budget % Last Year % REPAIRS AND MAINTENANCE Actual % Budget % Lail Year S‘ Actual % Budget % Last Year % • 00% 100 0.0% 0.0% Other Expenses 32$ 0.0% 900 0.0% 0.0% 52S 0.0% 1,100 0.0% . 0.0% 19,700 12% 28,996 4.2% 23,797 5.1% TOTAL R&M EXPENSES 194239 3.0% 206.052 32% 223,569 33% 232,580 3.0% 247,77/ 3.3% 1'79,190 3.8% 27,293 SS% 30,529 6.1% 31,820 6.9% TOTAL OVERHEADS 279,061 4.3% 299,747 4.7% 314,310 sou 139,903 4.5% 360285 4.7% 398,036 S.2% 4.0 4.2 4.0 HEADCOUNT 4.0 4.2 3.9 4.0 4.2 3.9 FlNANCIALSTATEMEN1520092010.09101AN 2010v / REPAIRS. MAINMANCE nue71.172 15/02/2010i 1219 EFTA00726666 Dukes Hotel Limited January 2010 MONTH YEAR TO DATE FULL YEAR ACTUAL/BUDGET FIXED COSTS Actual % Budget 91 Last lent % Actual % Budget 51 Last Year 111. Actual 91 Budget 91 Last Ycut • 0.0% - 0.0% 0.0% Equipment Rental . 0.0% • 0.0% - 0.0% - 0A% 10.295 2.0% 10.015 2.0% 9,299 2.0% Management Fee. Base Fee 128,591 10% 128.298 10% 126477 20% 154599 2.0% 152,296 2.0% 152,639 2.1% 11897 2.3% 11250 2.3% 9,295 2.0% Management Fee. Incentive Fee 206,892 12% 205.555 13% 152013 3.1% 212282 3.2% 111,414 32% 206.211 28% 1,162 0.2% 3,456 0.7% 0.0% Rent 17,743 0.3% 32.866 0S% 24,656 0.3% 39,779 0.5% - OA% 2,413 0.5% - 0.0% 0.0% Serene Charges 7,913 RI% • 0.0% 7,913 0.1% - 0.0% - OA% 750 0.1% - 0.0% 0.0% la.ed Equipment 626.9 RI% • 0.0% 6268 0.1% - 0.0% - OA% 37,141 7.2% 25145 4.6% 21967 4.9% Crown Estate Rent 211476 18% 7,2...487 16% 229,667 34% 291,167 3.8% 178.942 3.7% 275,050 3.7% 3.6.596 20.552 4.0% 20160 4.0% 18.595 4.0% EV&E Plenum 257,141 4.0% 4.0% 249581 3.9% 305,138 4.0% 304291 4.0% - OA% 592 0.1% - 0.0% 4,852 1.0% Owners Expenses 41,136 0.6% • 0.0% 34941 0.0% 41,136 0.5% - 0.0% 51,106 02% 322.42 6.3% 3228 64% 30,165 6.5% Property Taxes 326,778 St% 322578 50% 30747E 4.9% 391293 5.1% 387,093 5.1% 363,456 4.9% 1257 04% 5,194 1.0% (3,926) .0.8% Insurances 18,392 0.3% 51,940 0.8% 13,427 0.2% 28.280 04% 62.328 0.8% 17,155 0.2% 8.4,750 16.5% 79,620 15.9% 86,356 184% Loan Intmest 838,806 at% 785,924 12-3% 860.605 134% 9;0241 13.0% 937,459 12.3% 1,047,580 14.1% 16.275 3.3% 17,167 34% 34,600 74% Depend...on 167,750 16% 171175 17% 314200 5.5% 202033 2.6% 205,608 2.7% 201291 22% MIS CS% 202366 404% MHO an% TOTAL OVERHEADS Z2CS90 33.2% 2,194413 34.1% 2.361,4881 37.844 2,684646 33285 24V S61 SUR ~ST a FINANCIAL STATEMEMISII09 2010 • 0910JAN SOW v FIXED CHARGE'S Age /2 ol R 13/02/2010/ 1119 EFTA00726667