anonymous
  • anonymous
How do I calculate the interest expense?
Finance
  • Stacey Warren - Expert brainly.com
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SOLVED
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jamiebookeater
  • jamiebookeater
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anonymous
  • anonymous
check in th income statement of the company.. there will be a term financial charges.. the financial charges is the interest expense...
anonymous
  • anonymous
I am analyzing Starwood Hotel and I don't see anything under "financial charges"
anonymous
  • anonymous
check in the balance sheet.. they have take loan at what interst.. and then calculate the interest.. expense accordingly..!!!i mean for that year..

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anonymous
  • anonymous
As Reported Annual Balance Sheet Report Date 12/31/2010 Currency USD Audit Status Not Qualified Consolidated Yes Scale Thousands Cash & cash equivalents 753,000 Restricted cash 53,000 Accounts receivable, gross 558,000 Less: allowance for doubtful accounts 45,000 Accounts receivable, net 513,000 Inventories 802,000 Securitized vacation ownership notes receivable, net 59,000 Prepaid expenses & other current assets 126,000 Total current assets 2,306,000 Investments 312,000 Land & improvements 600,000 Buildings & improvements 3,300,000 Furnitures, fixtures & equipment 1,901,000 Construction work in progress 170,000 Plant, property & equipment, gross 5,971,000 Less: accumulated depreciation & amortization 2,648,000 Plant, property & equipment, net 3,323,000 Assets held for sale - Goodwill & intangible assets, net 2,067,000 Deferred tax assets 979,000 VOI notes receivable, net 132,000 Other notes receivable, net - Prepaid taxes 88,000 Deposits & other assets 161,000 Other assets 381,000 Other assets - Securitized vacation ownership notes receivable, net 408,000 Total assets 9,776,000 Short-term borrowings & current maturities of long-term debt 9,000 Accounts payable 138,000 Current maturities of long-term securitized vacation ownership debt 127,000 Accrued expenses 1,104,000 Accrued salaries, wages & benefits 410,000 Accrued taxes & other current liabilities 373,000 Total current liabilities 2,161,000 Senior credit facility - revolving credit facility - Senior credit facility - term loan - Senior notes 2,698,000 Sheraton Holding public debt - Mortgages & other debt 159,000 Long-term debt, including current maturities 2,857,000 Less current maturities 9,000 Total long-term debt, net of current maturities 2,848,000 Long-term securitized vacation ownership debt 367,000 Deferred income taxes 28,000 Deferred gain on asset sales 930,000 SPG point liability 702,000 Deferred incom including VOI & residential sales 20,000 Benefit plan liabilities 61,000 Insurance reserves 46,000 Other liabilities 127,000 Other liabilities 1,886,000 Other liabilities - Total liabilities 7,290,000 Minority interest - Common stock 2,000 Additional paid-in capital 805,000 Accumulated other comprehensive income (loss) (283,000) Retained earnings (accumulated deficit) 1,947,000 Total Starwood stockholders' equity 2,471,000 Non-controlling interest 15,000 Total equity 2,486,000 This is the balance sheet for 2010 and the only thing that I see on there is for loan is the Senior credit facility-loan. I appreciate your help!!!
anonymous
  • anonymous
As Reported Annual Balance Sheet Report Date 12/31/2010 Currency USD Audit Status Not Qualified Consolidated Yes Scale Thousands Cash & cash equivalents 753,000 Restricted cash 53,000 Accounts receivable, gross 558,000 Less: allowance for doubtful accounts 45,000 Accounts receivable, net 513,000 Inventories 802,000 Securitized vacation ownership notes receivable, net 59,000 Prepaid expenses & other current assets 126,000 Total current assets 2,306,000 Investments 312,000 Land & improvements 600,000 Buildings & improvements 3,300,000 Furnitures, fixtures & equipment 1,901,000 Construction work in progress 170,000 Plant, property & equipment, gross 5,971,000 Less: accumulated depreciation & amortization 2,648,000 Plant, property & equipment, net 3,323,000 Assets held for sale - Goodwill & intangible assets, net 2,067,000 Deferred tax assets 979,000 VOI notes receivable, net 132,000 Other notes receivable, net - Prepaid taxes 88,000 Deposits & other assets 161,000 Other assets 381,000 Other assets - Securitized vacation ownership notes receivable, net 408,000 Total assets 9,776,000 Short-term borrowings & current maturities of long-term debt 9,000 Accounts payable 138,000 Current maturities of long-term securitized vacation ownership debt 127,000 Accrued expenses 1,104,000 Accrued salaries, wages & benefits 410,000 Accrued taxes & other current liabilities 373,000 Total current liabilities 2,161,000 Senior credit facility - revolving credit facility - Senior credit facility - term loan - Senior notes 2,698,000 Sheraton Holding public debt - Mortgages & other debt 159,000 Long-term debt, including current maturities 2,857,000 Less current maturities 9,000 Total long-term debt, net of current maturities 2,848,000 Long-term securitized vacation ownership debt 367,000 Deferred income taxes 28,000 Deferred gain on asset sales 930,000 SPG point liability 702,000 Deferred incom including VOI & residential sales 20,000 Benefit plan liabilities 61,000 Insurance reserves 46,000 Other liabilities 127,000 Other liabilities 1,886,000 Other liabilities - Total liabilities 7,290,000 Minority interest - Common stock 2,000 Additional paid-in capital 805,000 Accumulated other comprehensive income (loss) (283,000) Retained earnings (accumulated deficit) 1,947,000 Total Starwood stockholders' equity 2,471,000 Non-controlling interest 15,000 Total equity 2,486,000 This is the balance sheet for 2010 and the only thing that I see on there is for loan is the Senior credit facility-loan. I appreciate your help!!!
anonymous
  • anonymous
well dear... this is the consolidated balance sheet.. what u need to have is the break up odf each and everyne/// which the company is havin g... u dont need to calculate intert expense// it is somethoing that is provided in the detailed financials of the company
anonymous
  • anonymous
Thanks, I will look at their annual report and see if I can find it.
anonymous
  • anonymous
have a look at this: http://finance.yahoo.com/q/is?s=HOT+Income+Statement&annual

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