|
rooms |
|
|
142,500 |
|
|
|
|
|
food and beverage |
|
|
117,800 |
|
|
|
|
|
function |
|
|
20,000 |
|
|
|
|
|
gross receipts |
|
|
|
|
|
280,300 |
|
|
|
|
|
|
|
|
|
|
| Less |
cost of sale |
|
|
|
|
70,000 |
-70,000 |
|
|
gross profit |
|
|
|
|
|
210,300 |
|
|
|
|
|
|
|
|
|
|
| Less |
hotel expenses |
|
|
|
|
|
|
|
|
wages, epf and socso contribution, staff insu |
|
|
80,500 |
|
|
|
|
|
business licences and insurance |
|
|
6,500 |
|
|
|
|
|
utilities bills ( electricity and water ) |
|
|
11,000 |
|
|
|
|
|
telephone, internet and fax bills |
|
|
6,500 |
|
|
|
|
|
audit and secretarial fees |
|
|
2,800 |
|
|
|
|
|
laundry |
|
|
9,000 |
|
116,300 |
-116,300 |
|
|
|
|
|
|
|
|
94,000 |
|
|
|
|
|
|
|
|
|
|
| less |
buiding main & insurance |
|
|
|
|
0 |
0 |
|
|
net profit |
|
|
|
|
|
94,000 |
|
|
|
|
|
|
|
|
|
|
|
equipment & furniture |
|
|
|
|
|
|
|
| less |
amount depreciate |
90,000 |
x |
0.3 |
= |
27,000 |
|
|
|
net value |
|
|
|
|
63,000 |
|
|
|
|
|
|
|
|
|
|
|
| less |
interest on capital |
|
|
|
|
|
|
|
|
stock |
15,500 |
|
|
|
|
|
|
|
equipment & furniture |
63,000 |
|
|
|
|
|
|
|
cash in hand |
10,000 |
|
|
|
|
|
|
|
|
88,500 |
x |
0.09 |
= |
7,965 |
-7,965 |
|
|
divisible balance ( net profit ) |
|
|
|
|
|
86,035 |
|
|
|
|
|
|
|
|
|
|
| less |
tenants share @55% |
86,035 |
x |
0.55 |
= |
47,319 |
-47,319 |
|
|
rental value ( gross ) |
|
|
|
|
|
38,716 |
|
|
|
|
|
|
|
|
|
|
| less |
out going |
|
|
|
|
|
|
|
|
a) repair |
|
|
15,500 |
|
|
|
|
|
b) property taxes |
|
|
2,700 |
|
|
|
|
|
c) insurance |
|
|
3,745 |
|
|
|
|
|
d) maintenance fees |
|
|
0 |
|
|
|
|
|
e) management fees |
|
|
3,300 |
|
25,245 |
-25,245 |
|
|
|
|
|
|
|
|
13,471 |
|
|
net rental |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
YP |
1 |
/ |
0.09 |
= |
11.1 |
|
|
|
|
|
|
|
|
|
|
|
|
Capital Value |
|
|
|
|
|
|
|
|
Net Rental x YP |
13,471 |
X |
11.1 |
= |
149,675 |
|
|
|
|
|
